Every year, roughly $1 trillion in "hot money" flows illegally out of developing and emerging economies due to crime, corruption, and tax evasion growing at an average rate of 6.5% annually (and at an 8.6% clip in Asia). China, Russia, Mexico and India lead the way as depicted in the following infographic.
Read More »Monthly Archives: December 2015
Skyscraper Index Suggests Economic Downturn Ahead (2K Views)
Huge skyscraper projects have historically coincided with the beginnings of economic downturns. In economics-speak, a record-breaking skyscraper may be a leading indicator of a downturn.
Read More »Milton Friedman On Governments, Free Trade & Drugs
There are very few people over the generations who have had ideas that are sufficiently original to materially alter the direction of civilization. Milton Friedman was one of those very few people. Below are his views on governments, free trade and drugs.
Read More »What Do You Know Of Canada’s History? Here’s A Quiz
Test your knowledge of Canadian history with our online quiz. If you score 21 out of 21, it states 'You deserve the Order of Canada'!
Read More »Debt, Not Gold, Is the Barbarous Relic – Here’s Why
Owning gold is saving, which by definition is civilized, i.e. NOT barbarous. Debt, on the other hand, is the exact opposite. It is a lack of savings that shows a complete disregard for the future.
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