European countries together with Russia rank number two and three in arms exports to other countries. Next to the US, Russia, UK, France, Germany have large defense industries that cater to the demands of the developing world. Earlier today in an article analyzing the global arms market, I discussed the top 10 defense contractors in …
Some investors consider defense stocks to be good investments during any market condition. But are defense stocks really recession proof?. An recent article titled A nations that merely wants peace in the New York Times says that “Despite a recession that knocked down global arms sales last year, the United States expanded its role as …
How do the government expenditures of USA and Norway differ?. USA follows the capitalist economic model whereas Norway is a socialist country. It is a general notion that the US spends less on social entitlement programs compared to socialist countries. When we compare the expenditures of Norway and US using the charts below, there is …
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Financial crises are very costly according to an article in the latest edition Finance and Development magazine of the IMF. Financial crises occur more frequently in emerging countries than developed countries.Between 1972 and 2007 emerging markets have been hit with more currency crises than banking and debt crises. Developed countries have had virtually no debt …
It’s you and me, and everyone else gathered last night at the Grand Hyatt in Hong Kong to receive his lecture on why the financial crisis is far from over.Nassim Nicholas Taleb points to the black swan So far, Germany’s auto industry has escaped massive job losses, but major cuts could soon be on the …
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