economy

Magic Money Trees Leading Sheep to Slaughter

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Magic Money Trees Leading Sheep to Slaughter

The 46 Million Foodstamp Man March - An Infographic

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Via Demonocracy

Australians are the richest in the world

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Australians have the world’s highest median worth and the Asia-Pacific topped Europe as the largest wealth-holding region, according to Credit Suisse Group AG. (CSGN).  The Credit Suisse Global Wealth report 2012, which measured the wealth of 4.6 billion adults globally.

Economic Freedom of The World 2012

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Why is RBA worried?

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A quick review of the RBA chart pack released today.

Household finances remain in a precarious position with debt at 150 percent of disposable income — three times the level of the early nineties.

Index

Hole-istic Budget: Aussie Company tax payments down almost 40%

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The soft company tax revenue suggests the shortfall will be worse than indicated by monthly Finance Department figures and means the 2011-12 budget deficit is increasingly likely to rise from a forecast.

Since the beginning of the Global Financial Crisis (GFC), tax receipts have fallen significantly. The tax to GDP ratio fell 4.2 percentage points to 20.1 per cent in 2010-11, compared to the all-time peak of 24.2 per cent under the former government in 2004-05 and 2005-06 (see Chart 2).

Competitiveness vs hourly compensation costs

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Deutsche Bank note that investors invest in companies and the countries are the platform of the companies. Therefore, an understanding of global competiveness of countries is key for investors. It is most helpful to look at the combination of competiveness and hourly wages. The more competitive a country is, the higher its wages can be justified. 
 

America's Economy - An Infographic

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Inside Americas Economic infographic image [Source: U.S. Census Bureau]

 

 

 

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