President Dwight D. Eisenhower signed the National Interstate and Defense Highways Act on June 29, 1956. The act enabled the creation of the largest highway network connecting all the states of the country. The building of this massive network of roads was the largest public works project in history. The original plan for the system is shown in the …
The following chart shows the various products offered by Google’s parent Alphabet(GOOG), Amazon(AMZN), Facebook(FB) and Apple(AAPL).Competition is fierce among these major tech companies. For example, in the payments field Google owns Android Pay while Apple has its own Apple Pay. Similarly in the hardware space, Amazon’s Alexa is the latest craze sweeping the country. Since getting …
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The number of publicly listed companies continue to decline in many countries around the world. In earlier posts, I have discussed about the fall in public companies in the US and UK. The number of public companies listed continues to fall in Germany also as show in the chart below: Click to enlarge Source: The …
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Globalization has been a boon to global economic growth in the past few decades. Millions of people in the developing world have been lifted out of poverty and entered the middle class. However globalization is a zero-sum game with clear winners and losers. In the developed world workers who lost their jobs due to globalization …
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Disruption of incumbent businesses or entire industries is the latest strategy sweeping Silicon Valley. Thousands of young and highly educated professionals working in the startup world are finding ways to do things efficiently and cheaply. For example, Uber and Airbnb are examples of two disruptors that have cracked the taxi and hotel industries respectively. For …
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