Just like effective and efficient mangers manage their debt wisely in their companies, some countries will mange their debt wisely.
When we analyse different situations in global market, it is better to keep some safe counters as well in our portfolio. We never know there may be another crisis during next two decades.
The 17 countries with the highest level of government debt
Oct. 15, 2015, 3:43 PM
“Korea did a better job of moving quickly to clean up its banking system once and for all.”
Lessons Learned, South Korea Makes Quick Economic Recovery
Failing banks, winning economy: the truth about Iceland’s recovery