Russia's invasion of Ukraine is an effort by a relatively small country trying to use military action and threats, backed up by a nuclear arsenal, that can in no way compare in terms of resources to those it is threatening and, as such, the combined impacts of the imposed sanctions on its small economy will likely be significant and widely felt.
Read More »Which Global Risks Are Posing Imminent Threats?
In the latest annual edition of the Global Risks Report by the World Economic Forum (WEF), it was found that a majority of global leaders feel worried or concerned about the outlook of the world, and only 3.7% feel optimistic. What global risks are leaders and experts most concerned about, and which ones are posing imminent threats? Let’s dive into the key findings from the report.
Read More »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!
Read More »Public Opinion on Capitalism and Socialism
The Gallup Poll asks Americans about their attitudes toward capitalism and socialism on a semi-regular basis and below are the results from a poll carried out in October 2021
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 (4K 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 (+2K Views)
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 »