Inequality in the United States of America(USA), as measured by the Gini Coefficient, is the highest among developed countries. Inequality has always been high in the US. However in the years since 2000, it has increased sharply to much higher levels. Since the US follows the capitalist system of government, inequality will always be high when …
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The Fed raised the interest rates for the first time in nearly a decade. Overall this year has been another turbulent year for investors to say the least. The following infographic shows some of the key events: Click to enlarge Source: Schroders
The annual US defense expenditures is huge. In fact, the US spending on defense in 2014 was more than the combined spending of the next seven countries according to one report. Click to enlarge Source: THE U.S. SPENDS MORE ON DEFENSE THAN THE NEXT SEVEN COUNTRIES COMBINED, Peter G.Peterson Foundation The following chart shows the portion of …
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The U.S. spends more than twice on health care costs per person than the average developed country does, according to OECD data. Click to enlarge Source: Per Capita Healthcare Costs — International Comparison, Peter G.Peterson Foundation One of the major failures of the Affordable Care Act passed a few years ago is that it does nothing to …
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Ever wondered how earthquakes are formed? The following infographic explains: Click to enlarge Source: What causes earthquakes?, Sputnik News