The socialist countries of Europe tend to spend a higher portion of their GDP on public social spending. France has the highest public social spending as percentage of GDP at 31.5%. The next high spenders are Finland, Belgium, Italy and Denmark. The US public social spending is lower than the OECD average. The US is …
Continue reading ‘Public Social Spending as a Percentage of GDP by Country: Chart’ »
Many industries in the US are highly concentrated with a handful of players dominating the market. In the past I have written about the monopoly and oligopoly madness in many industries. Some of these articles can be found here, here, here, here, and here. In this post, let me discuss about the market concentration in …
Continue reading ‘US IT Sector: Another Sector With High Market Concentration’ »
In 2018, 19.2 million motor vehicles were manufactured in the European Union. Germany is the top manufacturer followed by Spain and France. At about 5.1 million passenger vehicles, Germany made more than double that of Spain. Click to enlarge Source: European Automobile Manufacturers Association (ACEA) Compared to European production, the US produced 10.98 autos in …
Continue reading ‘Motor Vehicle Production in the EU by Country 2018 : Chart’ »
Australian stocks have one of the highest dividend yields in the world. Many firms offer yields of over 5%. Over the long term rising equity prices together with high income,lead stocks to beat bank term deposits in terms of returns. With interest rates offered by banks at historical lows, the gap in return between the …
Continue reading ‘Stocks vs. Term Deposits in Australia: Which is better for the Long Term?’ »
The US used to be a free market economy where competition thrived and the law of supply and demand determine prices of goods and services. Unfortunately that is no longer the case. For the past few decades competition has become a dirty word in most industries and monpolies have formed to dominate entire industries. As …
Continue reading ‘The New American Normal: Long Live Monopolies !’ »