The Czech Republic is the world’s largest beer drinking country. Beer is cheaper than pop and water in the country. Everyone drinks beer like its water. The World’s Largest Beer Drinkers are shown in the chart below: Click to enlarge Source: RFE/RL Related: The World’s Top Five Beer Companies, TFS
The US equity market may end the year with a loss barring any Santa Claus rally or a miracle. So investors may be wondering if this is the start of a bear market. Bear market is usually defined as a decline of 20% or more. According to an article at Schwab, very few of corrections …
Continue reading ‘US Equity Market Corrections and Bear Markets Since 1974’ »
The Wall Street Journal published its first ranking of the top 20 of the largest US airports. Denver topped the ranking followed by Orlando and Phoenix. Click to enlarge From the article: The rankings also relied on an extensive survey of WSJ readers whose input on overall experience, ease of use, security, restaurants, shopping, airline clubs, …
The U.S. and majority of the countries in the world no longer follow the gold standard for money creation. Under that standard, a country had to backup its currency with equal amount of gold. That is no longer the case in the US as President Johnson removed the requirement for the Federal Reserve to hold …
Continue reading ‘On the Exponential Growth of Money and Credit in the US’ »
I came across the below cool infographic showing some curious facts about the global shipping industry: Click to enlarge Source: iContainers via Port Technology