Anil Pavuluri's Blog

World's Richest Government. . .Interesting attachment for those who are financially inclined to get a better perspective on the world's economies 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 countries’ 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 Government Richest governm

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