Many investors worry about the debt-to-GDP ratio when evaluating a country’s economy. For example, the US national debt is over $34.5 Trillion according to the US Treasury. The debt-to-GDP ratio stood at 124.7 % of the nominal GDP in March 2024. The record low was at 31.8%. The cost service the debt amounted to 2.4% of …
Fast food used to cheap in the US many years ago. That is no longer the case. Fast food which is basically “junk” and unhealthy food has become incredibly expensive in the past few years especially since the pandemic. Multiple factors have led to menu prices soaring. These include higher labor costs, inflation, rising food …
Continue reading ‘Fast Food is No Longer Cheap in the US: Chart’ »
Islam is the second largest religion in the world after Christianity. Around 1.8 billion people are followers of Islam. Indonesia has the largest number of followers followed by Pakistan and India. Similar to other religions, Islam also has multiple sects and sub-sects with Shia and Sunni being the major sects. Recently I came across the …
Continue reading ‘Islamic Sects – Major Schools and Notable Branches: Infographic’ »
In 2013, US-born computer contractor Edward Joseph Snowden released classified documents that revealed details on the many secret surveillance programs run by the US and other governments spying on their own citizens and others. Recently I came the below interesting magazine cover that ran the cover story on this topic: Click to enlarge Source: Frontline
A Schengen visa is required for non-Europeans to travel to the EU or the Schengen area countries. However the EU has visa agreements with many non-EU countries for citizens of those countries to travel to the EU without a visa. While most developed countries have this type of visa-free travel between them, I was surprised …
Continue reading ‘EU Visa Agreements with Non-EU Countries: Graphic’ »