I came across a fascinating Journal article that I had bookmarked before in 2013 on banking crises in Canada and the US. Since 1790, the United States has suffered 16 banking crises. Canada has experienced zero — not even during the Great Depression. Source: Why Canada Can Avoid Banking Crises and U.S. Can’t, WSJ, Apr 9, 2013 From …
Gold is an important asset class to own by most investors. It does not produce a steady stream of regular income such as dividends and the only gain one can expect is due to price appreciation. So it is a great asset for investors seeking income. However gold has its advantages. For example, during times …
*** UPDATE: For the latest Dividend Withholding Tax Rates click : Dividend Withholding Tax Rates By Country 2022 Dividend Withholding Tax Rates is an important to consider when investing in foreign stocks for US-based investors. These taxes vary by country and can be as high as 25% or more or as low as 0%. The following table …
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The The collapse of the City of Glasgow Bank (CGB) collapsed in October 1878. Before the recent financial crisis, it was the largest commercial banking failure in the United Kingdom. When the bank collapsed shareholders were wiped out. In those days, the public helped out these investors by collecting donations. This is unthinkable today…. Here is a receipt for a donation …
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The Shanghai Composite Index is basically flat year-to-date.After a strong run up Chinese equities plunged heavily a few weeks ago. Now they appear to have stabilized due to meddling in the market by the state. Though much of the media has focused on the Chinese equity market and the economy, the reality is that the …
Continue reading ‘On The Correlation Between Chinese Stock Market Performance And Economic Growth’ »