Utilizing debt is one thing – how you pay it off is another… check out the below chart:


As the US Govt. Debt discussions have occupied a lot of media attention over the past weeks, I notice that there has been a lot of inaccurate facts and figures circulating around the internet. Many people believe that the Chinese Govt. owns most of the debt, when in fact it only owns 7.5% of the total.

This years Global Competitiveness Index tells an interesting story… the US is sliding down the rankings, Switzerland maintains its lead and Sweden is on the way up. Singapore goes sideways. Having said that ranked 3rd in the world is not a bad place to be! There are many factors that drive productivity and competitiveness. Understanding the various factors is a very interesting process… and if you are an investor and/or entrepreneur, where would you establish a new business? (ie: its easier to do business in countries at the top of the list)


As we consider 2011 and what direction the future will take, it is useful to look at the world as a whole and remember that the world we live in today gives us very useful clues as to how the world of tomorrow will look.
Population size and growth are not the only factors to consider, however they give you a very good idea of where things are headed.
Consider the below chart that shows that 50% of today’s world population lives in just six countries! Wow, only six countries! Clearly the USA is the most developed of the six – and the others have a long way to go in terms of development – to catch up. This adds up to lots of growth… check it out for yourself: