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Government debt : How America compares with AAA debtors

Government debt

How America compares with AAA debtors



THE maths underlying the downgrade of America's sovereign debt by Standard & Poor's may or may not have been lop-sided, but it is true that the country's debt burden does not compare well with those of other countries that still get AAA ratings. The attention of the markets has turned to France and, in particular, its banks (whose shares are now covered by a ban on short-selling). Yet France would appear to have more room for manoeuvre than America does.





  
Source: Aug 12th 2011, 15:38 by The Economist online





Dr. Chao Yuang Shiang

27-August-2011
凡事唯有投入,結果才能深入; 凡事唯有付出,結果才能傑出;
凡事唯有磨鍊,結果才能熟練; 凡事唯有不煩,結果才能不凡。
能與智者同行,你會不同凡響; 能與高人為伍,你能登上巔峰。
你雖不能改變環境,但卻可以轉換心境;你雖不能樣樣勝利,但卻可以事事盡力。
Dr. Chao Yuang Shiang (PH.D in management), Assistant professor,Dep.of Finance,Nanhua University,Taiwan.
website:amazon.com/author/drchao
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