The year 2016 was a tumultuous year in our lifetimes to say the least. In UK, people voted to quit the EU. Americans elected a former reality TV star as their President. Earlier this year, the most important thing that everyone seem to worry about in France was what clothes should Muslim wear when they go swimming. No …
The following classic Pyramid of Capitalist System graphic was first published in the US in 1911. Since then various similar forms of this picture have been created. Click to enlarge Source: Daily Infographics In today’s world, the industrial workers depicted at the bottom of the pyramid are the working-class and middle-class workers.
Manufacturing jobs in the US have been on the decline for many decades now. Currently manufacturing jobs account for 8.4% of the total US workforce. Click to enlarge Source: What Are the Risks of a U.S.-China Trade War?, U.S. Funds Since millions of jobs have been lost over the year, it would be a herculean …
Continue reading ‘Manufacturing Jobs as a Percentage of Total U.S. Workforce since 1939: Chart’ »
The Dow closed 19,792 today. The media has been highly publicizing the Dow 20,000 story in the past few days as if reaching that figure means some great thing. In reality 20,000 is just another round number. The percentage increase or decrease over a period is more important than 20,000 or any other number. The …
Continue reading ‘Dow 20,000 Is Just An Arbitrary Round Number’ »
The world’s fastest train is the Maglev train of Japan. It runs upto 374 miles per hour and will be launched in 2027. The 2nd and 3rd fastest trains are the Shanghai maglev at 268 mph and Harmony at 236 mph in China. Other high-speed trains include the iCE train in Germany, Talgo of Spain, Italo …