Canada’s ‘historical’ debt bubble could hit banks: Rosenberg – BNN Bloomberg
— Read on www.bnnbloomberg.ca/canada-s-historical-debt-bubble-could-hit-banks-rosenberg-1.1247500
US-China trade war: How China could weaponize US debt
China has one big weapon in the ongoing trade war with the United States — selling off its massive holdings of U.S government debt. Here’s why the so-called nuclear option could hurt China as much as the United States.
— Read on www.cnbc.com/2019/05/24/us-china-trade-war-how-china-could-weaponize-us-debt.html
JP Morgan slashes second-quarter GDP forecast to just 1%
J.P. Morgan economists say they now see a much slower economy in the second quarter, with growth of just 1%.
— Read on www.cnbc.com/2019/05/24/jp-morgan-slashes-second-quarter-gdp-forecast-to-just-1percent.html
Here are 5 affordable, beautiful places to retire abroad
You don’t need a million dollars to live a luxurious retirement, so long as you’re willing to leave the U.S. behind. International Living, a website for expatriates, is out with a list of “5 Places to Live Like a Movie Star, Without Their Bank Balance.”
— Read on www.cnbc.com/2019/05/24/here-are-5-affordable-beautiful-places-to-retire-abroad.html
Ranked: The Richest Countries in the World
These countries hold 74% of the world’s $204 trillion in private wealth. See the 10 richest countries, and how their totals have changed over time.
— Read on www.visualcapitalist.com/richest-countries-in-world/
Assembling the World Country-by-Country, Based on Economy Size
How does the world map change if it gets assembled based on the size of economies, in ascending order of GDP or GDP per capita?
— Read on www.visualcapitalist.com/assembling-world-country-gdp-capita/
Infographic: How Much Oil is in an Electric Vehicle?
It is counterintuitive, but electric vehicles are not possible without oil – these petrochemicals bring down the weight of cars to make EVs possible.
— Read on www.visualcapitalist.com/how-much-oil-electric-vehicle/
Assembling the World Country-by-Country, Based on Economy Size
How does the world map change if it gets assembled based on the size of economies, in ascending order of GDP or GDP per capita?
— Read on www.visualcapitalist.com/assembling-world-country-gdp-capita/
Buffett’s formula is still working, if you know where to look – MarketWatch
Ignore one-year returns to find Berkshire Hathaway’s true performance.
— Read on www.marketwatch.com/story/buffetts-formula-is-still-working-if-you-know-where-to-look-2019-05-22
Nearly 25% of Americans are going into debt trying to pay for necessities like food
A recent survey found that 23% of Americans say that paying for basic necessities such as rent, utilities and food contributes the most to their credit card debt.
— Read on ca.finance.yahoo.com/news/nearly-25-americans-going-debt-130010091.html