Monarchies Account for 40% of Global Debt - Standard & Poor’s
A recent report from Standard & Poor’s shows that 40 percent of global sovereign debt belongs to monarchies. However, only 39 out of the 129 countries have a king or queen as head of state, estimated the agency.
The most indebted monarchy is Japan, led by Emperor Akihito. Tokyo owes more than $11 trillion, over 25 percent of the total debt.
Britain’s Queen Elizabeth II, who is also the head of state of more than a dozen nations within the Commonwealth, has the second-highest debt.
S&P drew a distinction in its assessment of constitutional and absolute monarchies.
“Absolute monarchies score higher, on average, in our fiscal and external assessments, reflecting their stronger balance sheets. But constitutional monarchies have higher credit ratings, on average, than absolute monarchies, indicating the importance of the effectiveness, stability, and predictability of a sovereign’s policymaking and political institutions,” said the report.
Read More here & Listen to the Reoprt Podcast:
http://www.rt.com/business/311859-monarchies-sovereign-debt-rating/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Online: | |
| Visits: | 1,651,802,153 |
| Stories: | 8,280,602 |
Whistler Blowers, Insiders
