
Top ten indebted countries
The largest economies in the world are also among the most indebt countries. The long feared sovereign debt crisis is here and puts pressure on all of us. Some of the most reputable economic analysts suggest that this sovereign debt crisis could be much worse than the 2008 financial crisis so many investors play safe these days. Many economies are still in recession and the global economic situation makes the recovery even more difficult. They all are somehow on hold waiting to see what’s next before making another move. (more…)