China follows a unique form of political system called “market socialism”. In this system, the economy is capitalist to some extent but the political system is communist. Under this system only one party runs the country and no other party is allowed to exist. The state plays a major role in the functioning of the …
Continue reading ‘Development Models: China’s Socialism Beats Capitalism?’ »
Global investors used to consider emerging market as mainly commodity plays. Unlike developed markets other sectors such as banking, healthcare, IT, consumer staples, telecom, airlines, etc. did not get much attention from most investors. But today’s emerging countries are much more than just commodities, For instance, the Chilean economy is not confined to just copper, …
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Commodity investing have gone mainstream these days with investors bombarded with marketing materials promoting them as an alternative investment sector. However investing in commodities like copper, soya bean, orange juice, iron ore, etc. is not a wise strategy for most retail investors. Unlike stocks, commodities are highly volatile and it is very easy to lose money …
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Piracy on the high seas is mainly an issue in the Southern Hemisphere. According to The Economist Nigeria has now overtaken Somalia as the major Piracy hotspot. The chart below shows the major piracy hotpots around the globe and attacks from 1991-2015: Click to enlarge Source: The Economist via Twitter
In most developed countries interest rates offered by banks on savings accounts these days are pretty much next to nothing. Germany is no exception. Not only is the interest rate zero some German banks have started charging depositors with high cash balances in their accounts. Most savers around the world including Germans would agree paying a …
Continue reading ‘On the Composition of Assets of German Households’ »