Petroleum is the most common import in all of America and the most popular import in 12 states. Let's see what the other top US exports and imports are on a state by state level.
AT&T has crashed as Americans can't afford to pay their phone bills. Peers Verizon and T-Mobile were also affected by this, which sent their shares lower despite second-quarter results that exceeded expectations.
Will Malaysia go bankrupt like Sri Lanka? Tengku Zafrul Tengku Abdul Aziz, the finance minister of Malaysia, responded to suggestions that due to government debt, the nation would experience financial devastation similar to that of Sri Lanka.
Cost of living has been a major concern for many people worldwide due to rising inflation and higher pricing for consumer items. Let's take a look at the comparisons in the cost of living around various parts of the world.
According to Bloomberg's Sovereign Debt Vulnerability Ranking, here is the list of countries with the highest default risk.
A country's Gross Domestic Product (GDP) is a general gauge of its economic health. Let's take a look at the $100 trillion global economy, all in one chart.
Sri Lanka's current economic crisis has emerged as a result of years of poor economic management. The timeline below considers the factors behind it.
It would seem that India along with other Asian countries like Vietnam has benefited from manufacturers moving out of China. China's productive capacity is starting to slip away when compared to India.
The average card-carrying Austrian would say that the Federal Reserve is creating money by the bale, with evidence being Consumer Price Index prints of 8.6 percent per the Bureau of Labor Statistics or over 15 percent per John Williams’s shadowstats.com computation based on the way the government calculated CPI back in 1980. Surely, at best, the US dollar is only the cleanest dirty shirt in the currency laundry basket.
We are now well past the corona crisis of 2020, and most of the restrictions around the world have been repealed or loosened. However, the long-term consequences of arbitrary and destructive corona policies are still with us—in fact, we are now in the middle of the inevitable economic crisis.
