The Wealth of Nations

I recently came across an IMF report that outlines the relative wealth of its 359 member nations. The results, to put it mildly, do not bode well for the long-term economic future of the United States.

The following chart depicts the 10 most endebted nations in terms of government debt to asset ratio. The $660 billion negative balance for the United States makes it four-times as indebted as the next most indebted nation.

Go below the flip for the globe's largest creditors...
By way of contrast, here are the globe's largest government creditors led by China, Germany, and Japan.

Read the full report on the IMF web site.