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Message: <blockquote data-quote="walkernet" data-source="post: 8676460" data-attributes="member: 132234">We know the world's richest man is Carlos Slim Helu of Mexico, followed by Bill Gates and Warren Buffet of USA. How about governments?Which country's government is the richest (having most money that is, in US$)If you are expecting North American and European nations, you might be disappointed. While the countries look rich, wealthy European nations can't withstand a prolonged major financial crisis, just like Greece.The USA might have the biggest economy, but the American government is not at all rich; in fact, it can't even take out $150bn if asked to now without resorting to borrowing.To date the US government has borrowed $14 trillion! The UK, likewise, while the country/people are rich, the government isn't. The UK government's debt stands at $9 trillion now.World's Richest Governments Richest governments after 2008-2009 financial crisis:<img src="http://i52.tinypic.com/jsyrk7.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />1. Peoples Republic of ChinaNational reserves: $2,454,300,000,000 <img src="http://i52.tinypic.com/315yeea.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />2. JapanNational reserves: $1,019,000,000,000 <img src="http://i51.tinypic.com/erndw8.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />3. RussiaNational reserves: $458,020,000,000<img src="http://i54.tinypic.com/2wfomy9.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />4. Saudi ArabiaNational reserves: $395,467,000,000 <img src="http://i54.tinypic.com/2qwj87l.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />5. TaiwanNational reserves: $362,380,000,000<img src="http://img178.imageshack.us/img178/6990/att783204.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />6. IndiaNational reserves: $279,422,000,000 <img src="http://i52.tinypic.com/1zyid5.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />7. South KoreaNational reserves: $274,220,000,000 <img src="http://img530.imageshack.us/img530/1005/att783200.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />8. SwitzerlandNational reserves: $262,000,000,000 <img src="http://i56.tinypic.com/2gy5dap.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />9. Hong Kong, ChinaNational reserves: $256,000,000,000 <img src="http://img259.imageshack.us/img259/5866/att783203.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />10. BrazilNational reserves: $255,000,000,000Here are the rest, in million US$:11 Singapore / 203,43612 Germany / 189,10013 Thailand / 150,00014 Algeria / 149,00015 France / 140,84816 Italy / 133,10417 United States / 124,17618 Mexico / 100,09619 Iran / 96,56020 Malaysia / 96,10021 Poland / 85,23222 Libya / 79,00023 Denmark / 76,31524 Turkey / 71,85925 Indonesia / 69,73026 United Kingdom / 69,09127 Israel / 62,49028 Canada / 57,39229 Norway / 49,22330 Iraq / 48,77931 Argentina / 48,77832 Philippines / 47,65033 Sweden / 46,63134 United Arab Emirates / 45,00035 Hungary / 44,59136 Romania / 44,05637 Nigeria / 40,48038 Czech Republic / 40,15139 Australia / 39,45440 Lebanon / 38,60041 Netherlands / 38,37242 South Africa / 38,28343 Peru / 37,10844 Egypt / 35,22345 Venezuela / 31,92546 Ukraine / 28,83747 Spain / 28,19548 Colombia / 25,14149 Chile / 24,92150 Belgium / 24,13051 Brunei / 22,00052 Morocco / 21,87353 Vietnam / 17,50054 Macau / 18,73055 Kazakhstan / 27,54956 Kuwait / 19,42057 Angola / 19,40058 Austria / 18,07959 Serbia / 17,35760 Pakistan / 16,77061 New Zealand / 16,57062 Bulgaria / 16,49763 Ireland / 16,22963 Portugal / 16,25464 Croatia / 13,72065 Jordan / 12,18066 Finland / 11,08567 Bangladesh / 10,55068 Botswana / 10,00069 Tunisia / 9,70970 Azerbaijan / 9,31671 Bolivia / 8,58572 Trinidad and Tobago / 8,10073 Yemen / 7,40074 Uruguay / 8,10475 Oman / 7,00476 Latvia / 6,82077 Lithuania / 6,43878 Qatar / 6,36879 Cyprus / 6,17680 Belarus / 6,07481 Syria / 6,03982 Uzbekistan / 5,60083 Luxembourg / 5,33784 Guatemala / 5,49685 Greece / 5,20786 Bosnia and Herzegovina / 5,15187 Cuba / 4,24788 Costa Rica / 4,11389 Equatorial Guinea / 3,92890 Ecuador / 3,91391 Iceland / 3,82392 Paraguay / 3,73193 Turkmenistan / 3,64494 Estonia / 3,58395 Malta / 3,52296 Myanmar / 3,50097 Bahrain / 3,47498 Kenya / 3,26099 Ghana / 2,837100 El Salvador / 2,845101 Sri Lanka / 2,600102 Cambodia / 2,522103 CÃ´te d'Ivoire / 2,500104 Tanzania / 2,441105 Cameroon / 2,341106 Macedonia / 2,243107 Dominican Republic / 2,223108 Papua New Guinea / 2,193109 Honduras / 2,083110 Armenia / 1,848111 Slovakia / 1,809112 Mauritius / 1,772113 Albania / 1,615114 Kyrgyzstan / 1,559115 Jamaica / 1,490116 Mozambique / 1,470117 Gabon / 1,459118 Senegal / 1,350119 Georgia / 1,300120 Panama / 1,260121 Sudan / 1,245122 Zimbabwe / 1,222123 Slovenia / 1,105124 Moldova / 1,102125 Zambia / 1,100126 Nicaragua / 1,496127 Mongolia / 1,000128 Chad / 997129 Burkina Faso / 897130 Lesotho / 889131 Ethiopia / 840132 Benin / 825133 Namibia / 750134 Madagascar / 745135 Barbados / 620136 Laos / 514137 Rwanda / 511138 Swaziland / 395139 Togo / 363140 Cape Verde / 344141 Tajikistan / 301142 Guyana / 292143 Haiti / 221144 Belize / 150145 Vanuatu / 149146 Malawi / 140147 Gambia / 120148 Guinea / 119149 Burundi / 118150 Seychelles / 118151 Samoa / 70152 Tonga / 55153 Liberia / 49154 Congo / 36155 SÃ£o TomÃ© and PrÃ ncipe / 36156 Eritrea / 22 Big national reserves doesn't guarantee prosperity however, for instance, the yearly expenses for China's government is $1.11 trillion, their government must always think of economic growth and making more money. Chinese gov't overspent $110bn last year, much on it towards modernizing their military, if it goes on like this their reserves can only last for 22 yrs. The Malaysian gov't overspent $13bn last year, if it goes on like this their reserves can only last for 7 yrs. The Singaporean government overspent $3bn last year, much of it rescuing their banks from financial crisis,if it goes on like this their reserves can last 68 yrs. The Swiss gov't overspent $1bn last year, if it goes on like this their reserves can last 262 yrs. A country normally can borrow up to 100% its GDP, a very strong industrial country or very financial stable nation can borrow up to perhaps 200% its GDP, debts over 250% GDP the country is bankrupted.Greece's Debts Is 113.40% GDP, In Danger As It Is Not Considered A Strong Industrial Or Financial Country. Iceland Is 107.60%, Also In Crisis As It Is Not So Strong Industrial Or Financially. Singapore Debts Is 113.10%, Not In Hot Water Due To Its Global Financial Hub Status, And Also Its Financial Strength. It's Only Dangerous For Singapore When It Reaches 200%Japan Debts Is 189.30%, Still Under Radar As A Powerful Industrial Nation. It Needs To Panic Only At Around 200%US Has The World Largest Debts, But It Is Only 62% Its GDP, It Is Not In Any Immediate Danger Of Bankruptcy.Zimbabwe Debts Is 282.60% GDP, It Is A Bankrupted Nation.Malaysia Debts Is Currently At 53.70% GDP.Hong Kong And Taiwan Is Doing Pretty Good With Debts At 32-37% GDPSouth Korea Is Even Better With Debts At 23.5% GDPChina Is Very Stable With Debts At 16.90% GDPRussia Is Like A Big Mountain With Debts Only At 6.30% GDP There Are Only 5 Countries With No Debt (I.E. 0%)Brunei, Liechtenstein, Palau, Nieu, And Macau Of China. Please Leave a Comment if You Like The Post <img src="/styles/default/xenforo/smilies/default/wink.gif"  class="smilie" loading="lazy" alt=";)" title="Wink    ;)" data-shortname=";)" /><img src="/styles/default/xenforo/smilies/default/wink.gif"  class="smilie" loading="lazy" alt=";)" title="Wink    ;)" data-shortname=";)" /><img src="/styles/default/xenforo/smilies/default/wink.gif"  class="smilie" loading="lazy" alt=";)" title="Wink    ;)" data-shortname=";)" /></blockquote>

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