Infographic: Milk Facts
Interesting graphic on milk. India is the largest producer of milk followed by the U.S. Click to enlarge Source: FAO
Archive of posts filed under the Economy category.
Infographic: Chocolate Facts and Figures
Infographic showing the world’s top producers of cocoa and the top importers and exporters of chocolate products.Africa accounts for more than half of the world’s cocoa production. Click to enlarge Source: FAO
Dollar No More?
The US Dollar is one of the seven reserve currencies in the world. Unlike in the past, the dollar today is not backed not anything but the full faith and trust of the U.S. government. Essentially the dollar and other reserve currencies are just a pieces of paper similar to other currencies like the Ukraine Hryvnia, Botswana …
Minimum Wage Across OECD Countries
A few days ago Barry posted a chart titled Who benefits from a higher minimum wage?. Obviously everyone except the labor doing the minimum wage benefits from this. For example, American farmers employing minimum wage workers to pick strawberries and other work profit handsomely from keeping the minimum wage at very low rates.This is on top of the …
USA vs China: Government Finances and the Economy
The U.S. and Chinese economies are two of the largest economies in the world. Both the countries depend on each for trade and investments. Like the Siamese twins it can be argued that the economies of these countries are inter-linked with one another. In this article, let us compare China and the U.S. based on …
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