I have written many times before comparing the healthcare system in the U.S. to systems in other developed countries. It is a well know fact that despite having the highest healthcare spending among developed countries Americans get the least bang for the buck. For example, the state-run Medicare program is on track to consume 7% …
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I came across this interesting graphic on economic cycle at the FT Alphaville blog: Click to enlarge Source: Hugh Hendry, Eclectica Asset Management, UK Some of the items mentioned here such as creditor countries tightening monetary policies have not occurred yet. In addition it is highly unlikely that the U.S. will reject globalization anytime soon.
Mark Mobius, the executive chairman of Templeton Asset Management’s emerging markets group has said that another financial crisis is inevitable since the causes of the previous one haven’t been resolved. From a news report in the Financial Post: “There is definitely going to be another financial crisis around the corner because we haven’t solved any …
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The United Nations (UN) warned of a crisis of confidence in the U.S. dollar should the weakening of the dollar continue and added that this would put the entire global financial system at risk. The U.S. dollar has continued its downward trend against other major currencies in the past decade as shown in the chart …
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China is one of the largest trading partner of the U.S. China’s global influence is growing and is projected to become a super-power in the future while the U.S. economic power declines. As the countries follow different political and economic systems, I wanted to compare some of the differences between these two large economies. The …