The Organization for Economic Co-operation and Development (OECD) has projected Canada’s real gross domestic product (GDP) per capita growth falling to last place to, in effect, become the next Greece.
Read More »Who Was Kondratiev & What Is the Wave Cycle Theory?
Kondratiev concluded that each long wave was driven by technological advances. He identified four distinct phases.
Read More »Are You A “Social Democrat”? Here’s What The Term REALLY Means (+3K Views)
There are many different types of economies - communism, socialism, capitalism and democratic socialism. We tend to use the terms concretely, which necessarily introduces inaccuracies and, as such, they serve as excuses not to think and to hold economic beliefs that discourage explorations of the mismatch between theory and practice. Do you know exactly how they differ? Read on.
Read More »The Black Economics of Black America
The McKinsey Global Institute's report “The economic state of Black America: What is and what could be” identifies critical gaps Black Americans face in their roles as workers, business owners, savers and investors, consumers, and residents served by public programs.
Read More »A Comparison of the Social & Economic Well-Being of White, Black, Hispanic & Asian Americans (+3K Views)
In many ways, America remains two societies – one black and one white – as measured by key demographic indicators of social and economic well-being...
Read More »The BEST and WORST Countries To Invest In Over the Next 10 Years
Which countries will be the best and worst to invest in over the next 10 years in terms of relative strength of asset prices in real terms?
Read More »Economic “Truth” Is A Hollow Collection Of 5 Letters With No Meaning – Here’s Why (+3K Views)
The inmates have taken over the asylum. Our financiers, economists and bankers have set sail on a course straight into the Bermuda Triangle. That the ship will reach land some day is indisputable. That it will land badly is incontrovertible. The 99%, who seem to have adopted the Ostrich as their ‘National Bird’ would be well advised to ponder these matters to prepare for the consequences of our current economic policies.
Read More »A “China Crash” Is Coming: Here’s Why & How To Prepare Your Portfolio For It
China is heading toward an economic crash and its spiraling downward is affecting other economies around the world according to Crescat Capital's Portfolio Manager Tavi Costa and Chief Investment Officer Kevin Smith. This article identifies the 8 metrics signaling the coming "China Crash" and how they have positioned its funds in preparation for the likely Chinese event.
Read More »GDP per Capita by Country Worldwide
GDP per capita is one of the best measures of a country’s wealth as it provides an understanding of how each country’s citizens live on average, showing a representation of the quantity of goods and services created per person. This article identifies the GDP per capita (nominal) of nearly every country and territory in the world.
Read More »Longing For The Apocalypse? If So, Consider These 2 Timeless Prescriptions (+3K Views)
Longing for the apocalypse and crippled by modern life? Here is a humorous good time prescription for our busy world - to having fun again, feeling sexy with your significant other, feeling wild, peaceful and free. Warning: this prescription may lead to spontaneous euphoria. For euphoria lasting more than 4 hours, check work email and consult your doctor.
Read More »