Each country in Europe has its own Christmas traditions and food items. The following chart shows some of the unique sweet treats for Christmas:
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Source: TasteAtlas.com
Each country in Europe has its own Christmas traditions and food items. The following chart shows some of the unique sweet treats for Christmas:
Click to enlarge
Source: TasteAtlas.com
The population of the US in 1960 was 186 million. The population gradually increased each year and reached 327 million in 2018. By 2060, it is projected to exceed 403 million.
From an article I wrote back in 2016:
In 1950, the population of Russia was about just over 100 million. Since then it has not not even increased by 50%. The U.S. population in 1950 was about 150 million. From that year the population has soared by more than 100% to 324 million now. So the rate of population growth in the US is much higher than Russia.
In 2017, the population of Russia was 144 million. Compared to that figure, the US population is currently more than double.Similar to Russia, the US is blessed with vast lands that can potentially accommodate the additional population but resources are getting scarce.
I came across the below animated population pyramid of the US from 1960 to 20160:
Animated population pyramid of the United States by @aronstrandberg. pic.twitter.com/PL5IUcEuF9
— Simon Kuestenmacher (@simongerman600) November 22, 2018
Earlier:
Japan is the most indebted country in the world. Japan’s debt as a percentage of GDP is more than double that of the US. However Japan’s costs to service its national debt is much lower than that of the US as shown in the chart below.
The following chart shows the Net Government Interest Costs as Percentage of GDP:
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Exhibit 6: Net government interest costs (% of GDP)
Source: Deutsche Bank Research
Source: Another Zimbabwe In the Offing? by Niels Clemen Jensen, Absolute Return Partners
The reason for the low level of debt servicing cost in Japan is in the very low interest rate there according to the author of the above piece.
Unlike Japan, the cost servicing the national debt is much higher for the US. Currently the outstanding US public debt is over $22 Trillion according to the Treasury Department. The interest expense on the outstanding debt in 2018 was over $523 billion.
U.S. equities have returned positive returns in more years than negative returns based on historical data. Of the last 194 years, US stocks have yielded positive returns in 138 years (71% of the time) and negative returns in 56 years (29% of the time).
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*Note that different sources of information (and index data collection methodologies) were used depending on the time period. The S&P 500 index was used from 1957 onwards and its predecessor S&P index from the period from 1923 to 1957. The data prior to that was computed by William Goetzmann, Roger Ibbotson et al. Source: “A new historical database for the NYSE 1815 to 1925: Performance and Predictability”, Journal of Financial Markets, Volume 4, Issue 1, January 2001, Page 1-32.
Data Source: Pyramid Distribution of US Equity Returns 1825 to 2017
Source: US equities: returns over the last 194 years, Moneybox