1031 days ago
Even though the two debt to GDP ratios might look similar, the use of this debt is quite different. During WW2, the debt was used to manufacture for the war effort. It was thus a productive use of debt. Today, the debt is primary used for social welfare, which, even though is nice for the people, remains non-productive for the economy and to make a difference in the long term. Who will pay?
1031 days ago
This visualization focuses on the top 20 fastest growing job markets, letting you easily compare the top growing careers, how much money they make and the expected growth over the next decade.
![Top 20 jobs with the fastest growing salaries [infographic]](../../../../../hubfs/fastest-growing-occupations-in-the-US-0263.jpg)
1032 days ago
May export growth fell slightly to 27.9% YoY with the momentum mainly stemming from a tech products slowdown. Import growth rose further to 51.1% and the trade surplus between the US and China widened slightly to $45.5B.
1032 days ago
A historic decision was made by G7 ministers, raising the tax on corporations to 15% minimum for all members. While it may seem high for some, note that many countries were already above this percentage regarding corporate income tax rate, with Australia being first with 30%, followed by France (28.4%) and South Korea (25%).
1032 days ago
Switzerland's consumer price inflation rate picked up to 0.6 percent YoY in may, which is the highest level we have seen since June 2019--this is a result of the gathering pace of the economic recovery. The main pressure comes from housing and utilities, transport and hotels. However, costs fell in Health, food and recreation.
