While the rest of the global banking system falls apart, Canadian banks are receiving the highest rankings as healthy, competitive stocks. Mark Skousen of Investment U says that superior bank stocks will soar when the markets recover. 

It takes more than a globally competitive economy to have a sound banking system. For the third straight year, the United States finds itself at the top of the Global Competitiveness Index (GCI), published by the World Economic Forum (WEF) as part of its annual Global Competitiveness Report.