The World's Biggest Economies Owe These People Money
Advertisement
There is a lot of debt out there, but who owns it?
Advertisement
Deutsche Bank economist Torsten Slok just circulated an email with the following chart, showing which entities are owed money by some of the world's major economies.
Here are the key points that Slok highlighted in his email:
- Foreign central banks hold a very small share of Japanese and Italian government bonds.
- Of Greece, Portugal, and Ireland foreign nonbanks hold the biggest share of Irish government debt.
- In Italy and Spain domestic banks hold a significant share of their own government debt.
Deutsche Bank
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas