One of the factors considered by investors when selecting a country for investment is the amount of deficit/surplus held by that country.Generally surplus countries are better than deficit countries. The following chart shows the general government deficit/surplus as a percentage of GDP countries in Europe as of 2008: Source: Statistics Norway Scandinavian countries top the …
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The FDIC shutdown 4 more banks yesterday bringing the total bank failures this year 81. The failed four banks are: Guaranty Bank of Texas CapitalSouth Bank of Alabama First Coweta Bank of Georgia ebank of Georgia Guaranty Bank is the 3rd largest bank failure this year with assets of $13 B and deposits of $12 …
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The Top 20 World Ports for 2008 are shown below. Not surprisingly China dominates this list with taking 3 out of the top 5 spots. In addition, out of the total 20, ten of them are Chinese ports. Shanghai ranked the top port last year. In the US, the top ports were LA, South Louisiana …
The latest poverty data available from the Census Bureau is for the year 2007. The official poverty rate in the US was 12.5 % in 2007. Put another way, 37.3 million people were in poverty up from 36.5 million the previous year. Click to Enlarge Source: U.S. Census Bureau The 37.3 millions does not include …
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Democratic countries have higher economic growth than non-democratic countries. The following chart shows the difference in GDP growth per capita between Singapore and Jordan: Source: Democracy, diversification, and growth reversals by David Cuberes , Michal Jerzmanowski The above chart shows the exponential growth enjoyed by the citizens of Singapore over the past few decades compared …
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