Interesting chart from OECD Observer on retirement contributions by employers Vs. employees in select OECD countries. Unfortunately USA was excluded in this chart. Source: OECD Observer Excerpts from the report: “If you are a Polish worker, then you are probably paying 99% of total contributions, which is the highest in the OECD area. Turkey’s workers …
Continue reading ‘Funding Retirement: Employers Share Vs. Employees Share’ »
China’s stocks have been enjoying a rally since mid-March and one of the reasons could be the leakage of stimulus funds into the stockmarkets. Stimulus money leaking into Chinese stocks Nobel Prize-winning economist Paul Krugman says the UK economy is the best in Europe at the moment. UK’s economy is ‘best in Europe’ Two European …
Continue reading ‘Daily Wisdom: Resource-Rich Russia Edition’ »
 Credit: http://www.nicholsoncartoons.com.au
Most markets in the developed world have rallied sharply since hitting the lows in March this year.For example, the S&P 500 is has rallied 40%Â from March lows as of yesterday. Fed officials and many others have been talking up the economy and there have been talk of “green shoots” appearing in the economy.Some economists …
Continue reading ‘Economies of Developed World Projected To Get Worse Before Recovery’ »
Last month I wrote an article about the Top Ten Creditors to the USA. Today we shall review two charts that show the top net exporters and importers of capital in 2008. Countries that Export Capital in 2008 The largest net exporter of Capital is China with 24.2% of total. This is not surprising since …
Continue reading ‘The Top Net Capital Importers and Exporters of Capital in 2008’ »