Public Social Spending in Asian Countries: Chart

Social spending on public welfare is increasing in Asia but it is still lower than the OECD average of 21% of GDP according to an article in OECD Insights. Developed Asian countries like Japan, New Zealand and Australia have high social protections. On the other hand, in emerging countries of India and Indonesia social spending …

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The Top 10 Economies of the World in 1970 vs. 2017: Chart

The 20th century belonged to the US and is known as the “American Century”. The 21st century is projected to be the “Asian Century” as countries such as China and India rise as world’s leading powers although economically and not militarily. Already these two countries have joined the list of the world’s top 10 economies as …

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Total Returns During US Equity Secular Bull and Bear Markets Since 1877

The US equity market is currently in a secular bull market. In a secular bull market stocks keep going up and up until the party ends. Secular bull markets are of course followed by secular bear markets where stocks go nowhere for years. For instance, the first decade of the 21st century was “The Lost …

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