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Societal Trends and Issues. Economy . Sovereign Debt . Economic Dichotomy . Societal Trends and Issues. Economic Dichotomy . Sovereign Debt . Societal Trends and Issues. Economic Dichotomy . Sovereign Debt . Societal Trends and Issues. Sovereign Debt . Economic Dichotomy .
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Societal Trends and Issues Economy Sovereign Debt Economic Dichotomy
Societal Trends and Issues Economic Dichotomy Sovereign Debt
Societal Trends and Issues Economic Dichotomy Sovereign Debt
Societal Trends and Issues Sovereign Debt Economic Dichotomy Canada - 2006 $569, 362 $259,044
Societal Trends and Issues Canadian Debt Economic Dichotomy Canada’s debts are at a Ratio of 90% of GDP Canadian Federal Debt to GDP 45% Ontario Debt $220 Billion Quebec Debt (Including Hydro) $218.5 Billion
Societal Trends and Issues Canadian & Other Sovereign Debt US Federal Debt is 98.62% of GDP
Societal Trends and Issues Canadian & Other Sovereign Debt US Federal Debt is 98.62% of GDP States are Not Allowed to Budget a Deficit Canadian Federal & Provincial Debt is Approximately 90% of GDP Greece 143% Italy 119% Belgium 97% Ireland 96% Portugal 93% Reuters Source: Eurostat, Bank For International Settlements
Societal Trends and Issues Canadian & Other Sovereign Debt Difficulty in Obtaining Credible Information
Societal Trends and Issues Sovereign Debt June 29, 2011 $14.46 Trillion 98.6% of Calendar Year 2010 GDP U.S. National Debt Clock 2011-July 18, 2011
USA GDP – 2009 $14.1 Trillion USA GDP – 2011 $14.5 Trillion
Business Reaction Recognise and understand that sovereign debt issues are a threat Assess the risks to each particular business Develop risk and threat mitigation plans Sovereign Currency Risk Management Employ hedges and currency swaps Contract in a stable currency Limit exposure period – short term contracts Contract in kind – commodities Obtain Accurate, Non-Conflicting Information