Consider a country rich in oil. Yes, the black tar liquid gold that fuels our cars, planes and trains. Think the price of an oil barrel today (~ roughly $55/barrel) and then think of all the money a country can make. Sound like a prosperous country right? Well, now think Venezuela! Venezuela has been experiencing […]
Ever wondered what the world debt of $63 Trillion (yes, that is $63,000 Billion) looks like? I mean which country has what share? Well, the good folks at Visual Capitalist put a really amazing infographic out. Their numbers differ from The Economist, but then again what’s a few trillion plus or minus?
Rent Comparision. Came across this data-sheet, from Numbeo and WalletWyse. Just a beautiful piece fo work show the various cities of the world and the average cost of renting an apartment in these cities. Click to enlarge.
Alternative data is data about consumers or businesses that comes from non-financial payment reporting systems like telecom or utility payments. This data is not collected in the traditional credit system, thus the term “alternative data”. Quandl created this nifty infographic which lays out the taxonomy of alternative data and how it can be useful for […]
With all these cuts in Saudi government spending, construction is the largest sector that is affected. Some estimate cite as much as 45%. Outgoing remittances will be impacted and the results would clearly be noticeable in the coming quarters. Ministry budgets could be cut by a quarter; some ministries may also be merged or eliminated […]
Truth be told, I never thought about this line of thinking with respect to gold. It is one of those simple and elegant solution. Needless to say, there will be a huge debate ‘if’ it will happen or not, but nonetheless, elegant solution with respect to currencies and gold standard. Central banks are out of […]
With interest rates near zero (in some cases negative), it really does boggle the mind how the Central Banks of the world will attempt to jump-start their economies. We are now surely charting course for the unknown, so should I say, in the direction of unintended consequences. The Federal Reserve could push banks to lend […]
Love the title of this article, and a brilliant (short) read on what is really happening in the world. If people paid more attention to those who conduct empirical research, they will find out that things are not as rosy as they seem. A storm on the horizon threat has been looming for too long. […]