Socialist or Capitalist

Great little piece on the gains in markets under various economic philosophies. This is the most telling chart from the article. You will note that we rank 17th out of 18 countries and the laissez–faire Yanks rank 15th. The orignal article from which this chart is drawn can be found here and it makes a…

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Millionaire Households

If you were asked to generate a list of which countries had the most millionaires as a percentage of their population would you have come up with this list. Proportion of millionaire household by market 1. Singapore         15.5% 2. Switzerland        9.9% 3. Qatar                    8.9% 4. Hong…

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Holy Crap Batman

Someone dropped this into my inbox. It is 20 facts about the US housing market generated by Economic Collapse I think everyone in their right mind agress that the US housing market has essentially dropped its guts all over the US economy but these facts are fascinating in the level of damage it has done…

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Commodities

I have seen a few pieces online in recent weeks predicting the end of the world as we know it because of soaring commodity prices. Some such as Jeremy Grantham one of the founders and Chief Strategist of Grantham Mayo Van Otterloo (GMO) is predicting a paradigm shift in commodity prices. To quote the opening…

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PIIG’s

An interesting graphic from The Economist depicting who is picking up the bill for bailout of Portugal, Ireland and Greece. The price of having a government that cannot run a hot bath is very high…for others.    

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