{"id":6933,"date":"2013-03-12T00:50:40","date_gmt":"2013-03-12T04:50:40","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6933"},"modified":"2013-03-12T00:50:40","modified_gmt":"2013-03-12T04:50:40","slug":"australia-net-international-investment-as-of-gdp","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/","title":{"rendered":"Australia: Net international investment position worse than Italy"},"content":{"rendered":"<p>Wikipedia provide a ranking of countries net international investment position, as a % of GDP, from highest to lowest.<\/p>\n<p>Top of the list are the usual suspects:<\/p>\n<table summary=\"\" border=\"0\">\n<tbody>\n<tr>\n<td><strong>Country<\/strong><\/td>\n<td><strong>Date<\/strong><\/td>\n<td><strong>NIIP as % of GDP<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Hong Kong<\/td>\n<td>2009<\/td>\n<td style=\"text-align:center;\">353<\/td>\n<\/tr>\n<tr>\n<td>Singapore<\/td>\n<td>2010<\/td>\n<td style=\"text-align:center;\">224<\/td>\n<\/tr>\n<tr>\n<td>Republic of China<\/td>\n<td>2010<\/td>\n<td style=\"text-align:center;\">153<\/td>\n<\/tr>\n<tr>\n<td>Switzerland<\/td>\n<td>2010<\/td>\n<td style=\"text-align:center;\">136<\/td>\n<\/tr>\n<tr>\n<td>Norway<\/td>\n<td>2010<\/td>\n<td style=\"text-align:center;\">96<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>But Australia and New Zealand are in the wrong sort of company at the bottom of the list.<\/p>\n<table summary=\"\" border=\"0\">\n<tbody>\n<tr>\n<td><strong>Country<\/strong><\/td>\n<td><strong>Date<\/strong><\/td>\n<td><strong>NIIP as % of GDP<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Poland<\/td>\n<td>2010<\/td>\n<td style=\"text-align:center;\">-63<\/td>\n<\/tr>\n<tr>\n<td>Australia<\/td>\n<td>2011<\/td>\n<td style=\"text-align:center;\">-64<\/td>\n<\/tr>\n<tr>\n<td>Slovakia<\/td>\n<td>2010<\/td>\n<td style=\"text-align:center;\">-66<\/td>\n<\/tr>\n<tr>\n<td>Estonia<\/td>\n<td>2010<\/td>\n<td style=\"text-align:center;\">-71<\/td>\n<\/tr>\n<tr>\n<td>Spain<\/td>\n<td>2010<\/td>\n<td style=\"text-align:center;\">-87<\/td>\n<\/tr>\n<tr>\n<td>New Zealand<\/td>\n<td>2009<\/td>\n<td style=\"text-align:center;\">-90<\/td>\n<\/tr>\n<tr>\n<td>Greece<\/td>\n<td>2010<\/td>\n<td style=\"text-align:center;\">-93<\/td>\n<\/tr>\n<tr>\n<td>Ireland<\/td>\n<td>2009<\/td>\n<td style=\"text-align:center;\">-98<\/td>\n<\/tr>\n<tr>\n<td>Portugal<\/td>\n<td>2009<\/td>\n<td style=\"text-align:center;\">-108<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Interestingly, Italy&#8217;s 2010 net international investment position is only -24%.<\/p>\n<p>Source: <a title=\"Wikipedia\" href=\"http:\/\/en.wikipedia.org\/wiki\/Net_international_investment_position\" target=\"_blank\">Wikipedia: Net international investment position<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wikipedia provide a ranking of countries net international investment position, as a % of GDP, from highest to lowest. Top of the list are the usual suspects: Country Date NIIP as % of GDP Hong Kong 2009 353 Singapore 2010 224 Republic of China 2010 153 Switzerland 2010 136 Norway 2010 96 But Australia and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Australia: Net international investment position worse than Italy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,5],"tags":[2440],"class_list":["post-6933","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-economy","tag-net-international-investment-position"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia: Net international investment position worse than Italy - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia: Net international investment position worse than Italy - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Wikipedia provide a ranking of countries net international investment position, as a % of GDP, from highest to lowest. Top of the list are the usual suspects: Country Date NIIP as % of GDP Hong Kong 2009 353 Singapore 2010 224 Republic of China 2010 153 Switzerland 2010 136 Norway 2010 96 But Australia and &hellip; Continue reading &quot;Australia: Net international investment position worse than Italy&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-12T04:50:40+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Australia: Net international investment position worse than Italy\",\"datePublished\":\"2013-03-12T04:50:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/\"},\"wordCount\":106,\"commentCount\":9,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"net international investment position\"],\"articleSection\":[\"Australia &amp; NZ\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/\",\"name\":\"Australia: Net international investment position worse than Italy - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2013-03-12T04:50:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/australia-net-international-investment-as-of-gdp\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia: Net international investment position worse than Italy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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No other country is even remotely interested in running the massive trade deficits needed to supply financial markets with sufficient currency to meet international demand. US trade deficits (below) now exceed\u2026","rel":"","context":"In &quot;Gold &amp; Precious Metals&quot;","block_context":{"text":"Gold &amp; Precious Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/gold-precious-metals\/"},"img":{"alt_text":"US Trade Deficit","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-01-22-tradedeficit.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-01-22-tradedeficit.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-01-22-tradedeficit.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":33990,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/06\/04\/the-globalization-trap\/","url_meta":{"origin":6933,"position":1},"title":"The globalization trap","author":"Colin Twiggs","date":"June 4, 2022","format":false,"excerpt":"On March 8, 2000, President Bill Clinton made a persuasive pitch to Washington\u2019s foreign policy elite, Congress and the international community, on the merits of China\u2019s accession to the World Trade Organization: \u201cMembership in the WTO, of course, will not create a free society in China overnight or guarantee that\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"Corporate Profits as Percentage of Value Added","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-06-01-profits.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-06-01-profits.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-06-01-profits.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-06-01-profits.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":41466,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/04\/03\/economic-outlook-march-2023\/","url_meta":{"origin":6933,"position":2},"title":"Economic Outlook, March 2023","author":"Colin Twiggs","date":"April 3, 2023","format":false,"excerpt":"Here is a summary of Colin Twiggs' presentation to investors at Beech Capital on March 30, 2023. The outlook covers seven themes: Elevated risk Bank contagion Underlying causes of instability Interest rates & inflation The impact on stocks Flight to safety Australian perspective 1. Elevated Risk We focus on three\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Treasury Yields: 10-Year minus 3-Month","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-03-31-10y3m.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-03-31-10y3m.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-03-31-10y3m.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":61935,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/06\/10\/australia-cautiously-pessimistic\/","url_meta":{"origin":6933,"position":3},"title":"Australia: &#8220;cautiously pessimistic&#8221;","author":"Colin Twiggs","date":"June 10, 2025","format":false,"excerpt":"Summary The ASX 200 threatens a new high But consumer sentiment is low Business conditions are weak Commodity exports are slowing, and so is economic growth ASX 200 earnings are likely to follow The ASX 200 is testing resistance at 8600. Breakout would signal a fresh advance, but the earnings\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ASX 200 Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-10-xjo.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":23000,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/12\/02\/australia-q3-gdp\/","url_meta":{"origin":6933,"position":4},"title":"Australia Q3 GDP","author":"Colin Twiggs","date":"December 2, 2020","format":false,"excerpt":"From Andrew Hanlan at Westpac: Output increased by 3.3% in the quarter.....well above the market consensus (2.5%). Over the year, activity is still down by 3.8%, after the recession in the first half of 2020, which saw output fall by 0.3% in March and slump by 7.0% in June associated\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20648,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/06\/03\/australia-expects-first-recession-since-91\/","url_meta":{"origin":6933,"position":5},"title":"Australia expects first recession since &#8217;91","author":"Colin Twiggs","date":"June 3, 2020","format":false,"excerpt":"Westpac's latest report on the Q1 national accounts warns that the Australian economy is likely to tip into recession in the next quarter: Activity in the Australian economy contracted by 0.3% in the March quarter of 2020, broadly in line with market expectations, slowing annual growth to 1.4% from 2.2%.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6933"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6933\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}