Originally posted by lionnoisy:Oz was ranked by
Merrill Lynch the country with highest risks in finance!
http://bourse.blogs.challenges.fr/media/00/00/1740607489.pdf
Global Economics--
Everything you’ve ever wanted
to know about the world*Economics | Global
04 November 2008
ML Global Economics Team +40 20 7996 2587 etcMLPF&S (UK)
Table 1: Country risk ranking
Top-10 (highest risk) ..........Bottom-10 (lowest risk)
Australia............................. Nigeria
Switzerland ........................Mexico
Korea ...............................Philippines
Romania ..............................Colombia
Hungary..............................Egypt
Sweden ..............................Oman
Bulgaria .............................Indonesia
Euro area .........................Peru
UK ....................................China
US .....................................RussiaOMG--Greece is not there! So? PIIGS? STUPID countries?
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a word of cautions--pl note what are their yard sticks.
The last one u can trust is rating agency and financial house, with due respects!
Merrill Lynch!!! the bitch that our govt lost our public money in it!!! no wonder no mention of singapore