The US economy is headed towards a recession next year according to an article in the journal today. Economic contractions lead to job losses, firms earning lower profits, consumers cutting spending and other adverse affects. One of the key questions on investors’ mind is how long the recession will last. Since equities have already declined …
Inflation is bad because it reduces the real purchasing power of money. To put it another way, inflation makes the value of the dollar worth less. Central banks around the world are fighting hard to tame inflation. I recently came across an article that showed how inflation hurt the real purchasing power of the Australian …
Continue reading ‘Impact of Inflation on Real Purchasing Power of Money: An Australian Example’ »
On Jan 8, 2020 a commercial airliner flying from Tehran to Kyiv, operated by Ukraine International Airlines was shot down by Iranian military in a case of mistaken identity. This caused the tragic deaths of 167 passengers and 9 crew members. The following infographic shows of the other major airliner shoot down incidents in history: …
Continue reading ‘The Biggest Airliner Shoot-Down Incidents: Infographic’ »
In November, 2022 the world’s population is projected to reach 8 billion according to the UN. Next year India is expected to surpass China in population as well. The following infographic from Visual Capitalist shows where these 8 billion will live: Click to enlarge Source: Visual Capitalist
It is common knowledge is that most of the earth’s water is in the seas. But I did not know that 96.5% of the earth’s water is oceans water. Just 2.5% of all water available is fresh water according to one estimate. Click to enlarge Source: Dr James O’Donoghue (@physicsJ Twitter)