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The $5 Trillion Stash: U.S. Corporations' Money Hoard Is Bigger Than the GDP of Germany
JORDAN WEISSMANNJUL 18 2012, 3:03 PM ET
You can't blame corporations for wanting a security blanket during the past few years, what with the world economy always seeming one more pointless Congressional showdown or odd European election away from catastrophe. But as Reuters' David Cay Johnston points out this week, American companies may be hoarding more cash than most of us had previously realized -- about $5 trillion worth, as of 2009.
reply to post by lonegurkha
And California is ranked the top of the states at 2 Trillion (2012) per
And California is one, if not the highest income state, as well as the highest cost of living state in the US.
I'll take Australia