According to The Economist, "developed economies'" assets at the end of 2002 was
* Residential property: $48 trillion
* Commercial property: $14 trillion
* Equities: $20 trillion
* Government bonds: $20 trillion
* Corporate bonds: $13 trillion
* Total: $115 trillion
That makes real estate assets 54% and financial assets 46% of total stocks, bonds, and real estate assets. Assets not counted here are bank deposits, insurance "reserve" assets, and human assets; also it is not clear if all debt and equity investments are counted in the categories equities and bonds. For U.S. asset levels see FRB: Z.1 Release-- Flow of Funds Accounts of the United States
search engine
Wednesday, February 13, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment