Gold ends above $2,000 for the first time in history. Market Watch

Debt as a Percentage of GDP - Selected Countries

Country Gross Debt as a % of GDP
Japan 252
Italy 156
United States 131
France 115
Canada 110
United Kingdom 96
Germany 69
China (PRC) 65
Switzerland 46
Russian Federation 18

Source: IMF April 2020

Airline Geeks reports that Delta Air Lines is suffering major losses during the Covid-19 pandemic. The airline reported a loss of $7 billion on revenue of $1.5 billion. That’s a 91% drop in revenue year-over-year. The airline cut capacity by a total of 85%.

Gold prices ticked past $1,800 an ounce this week, and are now not far from the all-time highs reached in 2011, in the bleak aftermath of the financial crisis. New records could be ahead.

The Wall Street Journal

Millionaires Per Capita (2019)

  1. Switzerland
  2. Hong Kong
  3. United States
  4. Netherlands
  5. Australia
  6. Denmark
  7. New Zealand
  8. Sweden
  9. United Kingdom
  10. Singapore

Switzerland has a big lead. Germany is number 16, which surprised me. Canada is number 11. Sadly, I’m not sure that Hong Kong still qualifies as a country.

Source: Credit Suisse on Wikipedia - Sortable List