Motor Vehicle Production in the EU by Country 2018 : Chart

In 2018, 19.2 million motor vehicles were manufactured in the European Union. Germany is the top manufacturer followed by Spain and France. At about 5.1 million passenger vehicles, Germany made more than double that of Spain. Click to enlarge Source: European Automobile Manufacturers Association (ACEA) Compared to European production, the US produced 10.98 autos in …

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The New American Normal: Long Live Monopolies !

The US used to be a free market economy where competition thrived and the law of supply and demand determine prices of goods and services. Unfortunately that is no longer the case. For the past few decades competition has become a dirty word in most industries and monpolies have formed to dominate entire industries. As …

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Homicide Rates in Europe by Country: Infographic

Russia has the highest murder rate in Europe. The rate is higher than Afghanistan and the US. Though it has deceased by 68% since 2000 Russia still tops the rank. All the developed European countries have a lower homicide rate than the US. Other than Russia, the only countries with a higher murder rate than …

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Inequality is Rising in the U.S.

Inequality as measured by the Gini coefficients is the highest in emerging countries. Among developed countries, the US has the highest inequality which is not surprising. Inequality is also rising in the US due to a variety of reasons including tax cuts for the wealthy, lower tax rates on capital gains over labor income, etc. …

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