In my view, these topics are inextricably linked and in light of continuing questions of confidence in America’s corporations, they are quite timely. Financial condition of U.S. banks Last year was exceptional in many respects, with the United States slipping into a recession, the September terrorist attacks, the stock market declines, and all of the related events.
In 2013, three countries are projected to hold exceptionally high public debt at over 90 per cent of GDP, while another seven countries are projected to have heightened debt vulnerabilities, averaging in the range of 50 to 90 per cent of GDP. Only two countries (Suriname and Trinidad and Tobago) have public debt ratios less than 50 per cent of GDP.