I also believe Romania is a great place to live in. Call me nationalistic, but I feel like there’s so much potential in this medium-sized country. Of course we don’t have the salaries or GDP like in Western Europe or North America but we are catching up. And quickly. The highest ...
Latin America.Between 2000 and 2019, people entering the workforce accounted for approximately 75 percent of Latin America’s GDP growth, while productivity gains accounted for 25 percent. But demographics are changing. Without productivity growth, Latin America’s aging population could trigger a regio...
resolved. It is in everyone’s interest that Spain immediately receive a significant debt haircut or else it will not return to growth and the devaluation will have been wasted. I would argue that Spanish external debt should be reduced to 60% of GDP and payments stretched out between 10-30...
As Wraypointed out, “Since WWII we have had the longest depression-free period in the nation’s history. However, we have had nine recessions, each of which was preceded by a reduction of deficits relative to GDP.” This directly results from the impact of large swings in the federal gov...
The Buffet Indicator is a measure of the total value of all publicly-traded stocks in a country divided by that country’s GDP. It’s a measure and ratio to evaluate whether a market is undervalued or overvalued. It’s one of Warren Buffet’s favorite measures as a warning that financial...
America imports a total of $2.1 trillion of goods each year. Other Notable US Imports Each state in the U.S has a favorite import when you look at the figures, with Wisconsin importing the most sweaters and pullovers and Washington D.C the biggest importer of medicine overall. Here are ...
Western Europe, and their allies. The second world was the so-called Communist Bloc: the Soviet Union, China, Cuba, etc. The remaining nations, which didn’t align with either group, were assigned to the third world—most of Africa, Asia, the Middle East, and Latin America. However...
America's fiscal and monetary policy can make the long-term purchasing power of the U.S. dollar uncertain. Large budget deficits of just over 6% of gross domestic product (GDP) and trade deficits of about 3% of GDP, funded by foreign investors through dollar-denominated securities, often rais...
CURRENT ARTICLE Business Cycle Boom And Bust Cycle Negative Growth History of Economic Depression Government Actions Related Terms Real Economic Growth Rate: Definition, Calculation, and Uses The real economic growth rate is a measure of economic growth that adjusts for inflation and is expressed as ...
Currency crises have occurred throughout modern history, most notably in Asia and Latin America during the 1990s. Understanding Currency Crisis A currency crisis is brought on by a sharp decline in the value of a country's currency. This decline in value, in turn, negatively affects an economy...