Economy

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

Why does Canada rank higher than the United States, a country often referred to as the 'Land of Liberty'? Guess which countries ranked in the top 5? Where does your country rank?

Central banks have lost control. The great props to the world economy are now beginning to fall and It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.

Today’s infographic visualization breaks down $59.7 trillion of world debt by country, as well as highlighting each country’s debt-to-GDP ratio using colour.

What the Land of the Free needs right now is someone who can stop beating around the bush and just get on with it already and that someone is Donald Trump because he is an expert at declaring bankruptcy. When the going gets tough, Trump stiffs his creditors - he’s done it four times - and such experience would come in handy during the next presidential term. The U.S. government is bankrupt and default is inevitable. Who better to oversee such an event than Donald Trump!

4 patterns are developing that also happened just prior to the great financial crisis of 2008 and, as such, provide strong evidence that a deflationary financial collapse is right around the corner.