Tuesday , 5 July 2022

Economy

A Look At America’s Electric Vehicle Future

Car showroom

The U.S. is accelerating its transition to electric vehicles (EV) to address climate change...[and] in this infographic...we explore the country’s strategy to have vehicles, batteries, and key parts be made in the United States...[and] then, we look at how this strategy could be fueled by domestic mining and battery recycling.

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Which Country Is More Corrupt: Canada or the U.S.?

Transparency International released its annual Corruption Perceptions Index for 2021 and it revealed that Canada now ranks #13 out of 180 countries, falling two places from last year, and the USA ranks even lower at #27. Which countries are perceived to be the least corrupt? Read on!

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U.S. Dollar Losing Its World Dominance (+4K Views)

The U.S. dollar has been the world’s dominant currency since the end of World War II with roughly half of international trade, international loans, and global debt securities being denominated in USD as illustrated in the graphic below.

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Infrastructure Bill Beneficiaries Index Unresponsive To Date

The stock prices of the 12 constituents in the Infrastructure Bill Beneficiaries Index have not responded yet to anticipated dramatic increases in revenue and profits. Indeed, on average, the stock prices of 11 of the 12 constituents actually declined 8.9% in January with only Deere & Company advancing (+9.0%).

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What Would It Take For Hyperinflation To Occur in the U.S.? (+32K Views)

There is a difference between inflation and hyperinflation...and there is no gradual path from one to the other. To wind up with true hyperinflation, some very bad things have to happen. The government has to completely lose control... the populace has to completely lose faith in the system... or both at the same time. [Are we there yet? Let's take a look.] Words: 1188

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SOME SIMPLE FACTS ABOUT INFLATION

Most of what passes for explanations of inflation and its causes are convoluted and confusing. It is like looking into a pond of muddy water and trying to ascertain what lurks blow the surface. Below are some facts about inflation that should help clarify things:

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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.

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