Economy

A lot has happened to the global economy over the last 35 years. The forces of economic liberalization, globalization, and the rise of the multinational corporation have all left their mark...[Check out the dynamic Voronoi diagram below showing how] the GDP (total market value of all goods and services produced in a country for a given time period) of each of the world's largest countries have grown or contracted relative to others from 1980 to 2015.

Switzerland tops the Global Competitiveness Index for the seventh year in a row while Singapore beats everyone but Switzerland for the fifth consecutive year. Guess which country holds steady in third place? Read on to find out which other countries cracked the top 10 in this most recent survey.

Outright financial collapse, chaos and most probably war is not only in sight, it is imminent and unavoidable now. What we are looking at now is "the FINAL FLUSH" of the Western financial system. Here's why.

19 of the 23 poorest countries in the world are located in Africa. The DRC (Democratic Republic of Congo) is the poorest with its citizens earning on average $394.25 a year (compared with Qatar where people earn an average of $105,091.42 a year). Afghanistan is the first non-African country (10th place) and also the first country where the average annual income passes the $1,000 threshold ($1072.19). Here's the complete list.

Virtually everyone has become convinced that the dollar is going to 110, 120 or even 160. Folks when everyone is thinking the same thing … then no one is thinking. Here’s the thing. Almost no one is prepared for the dollar to drop. Everyone is convinced the dollar is going higher, and everyone is positioned long. Everyone is on the same side of the boat. When that happens invariably the boat tips over so here’s what I think is going to happen.

An in-depth report on global innovation has been co-released by Cornell University, INSEAD, and the World Intellectual Property Organization covering a total of 141 countries that make up 98.6% of global GDP. The report uses innovation inputs and outputs to create an overall Global Innovation Index with a score for each country. Rather than comparing all countries together, we decided to look at Canada and the United States to see which of the 49th parallel neighbours is the most innovative country. Here it is!

The next time you spend your cash, take a moment to reflect on the history of the bill or coin in your hand as depicted in today’s infographic illustrating 33 fascinating facts about U.S. currency (notes and coins).

Qatar, Luxembourg and Singapore are the three richest countries in the world. HERE's a list of the top 23 such countries.

Today's market and economic conditions strongly suggest that tomorrow the following events will unfold.

This coming autumn we are likely to experience the beginning of the end to the biggest speculative bubble in world history. All bubble assets will implode and the financial system will come under massive pressure