A Note on the Collpase of Zimbabwe Stock Market

The Zimbabwe Stock Market fell 98% in one week and was shut down during the hyperinflation years of former dictator Mugabe. This is a shocking fact that some investors may not know. Below is a short excerpt from an article at Research Affiliates: During the three months August–October 2008, the Zimbabwean dollar plunged from 10 to …

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Der Spiegel Cover: Trump Gives The Middle Finger To Europe

President Trump recently pulled the US out of the Iran deal bringing fresh confrontation with the middle east country. Many European countries against this unilateral action. However Trump has pulled off the deal simply ignoring the Europeans, most of whom are allies. Some political pundits also note that US image has also been burnished with …

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The World’s Busiest Air Routes

The Singapore-Kuala Lumpur route is the world’s busiest air route in the year thru Feb, 2018 according to a recent study. Airlines made 30,537  trips average about 84 trips per day. The flight time between the cities is about an hour. The World’s Busiest Air Routes are shown in the chart below: Click to enlarge Source: Kuala …

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Americans Spend 19% of Personal Expenditures on HealthCare

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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