Healthcare is very expensive in the US to say the least. Unlike other developed countries healthcare expenditure account for a high percentage of national budget. At the micro level, individuals spend 19.3% of their personal expenditures on healthcare according to BEA data. Or to put it another way, in 2017 Americans spent about one fifth …
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The BBC published an interesting article on the Coffee industry recently. The following chart shows the world’s top 10 coffee producing countries: Click to enlarge The top coffee brands in Europe and the US are shown below: Source: Coffee: Who grows, drinks and pays the most?, The BBC
The latest high-speed rail network map of Europe is shown in the map below: Click to enlarge The high-speed rail network map of European Union is shown in the map below: Click to enlarge Source: UIC As the maps show many of the major European cities are already connected by high-speed rail. With many lines …
China is a communist country with a market economy. Other than the communist party no other political parties are allowed and anyone trying to start one is jailed or worse. The state maintains a centrally planned economy where everything is determined by the state and funds allocated according to bureaucrats sitting in government offices. The …
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The top five trading partners of the US are China, Canada, Mexico, Japan and Mexico in the order noted. Canada and Mexico are top trade partners due to their proximity to the US and also being members of the NAFTA. China tops all countries in trading goods with the US. However the US runs a …
Continue reading ‘Exports to the US as a Percentage of Each Trade Partner’s GDP: Chart’ »