Map of the Day: Medieval Trade Routes
“The main trading arteries of the high middle ages, just after the decline of the Vikings and before the rise of the Mongols”
El-Erian: The Market Is Discounting the Possibility of a Positive Outcome on Trade
The infamous Smoot-Hawley tariffs that the US imposed in 1930, which are widely believed to have contributed to the Great Depression, were done when the US was the largest exporter in the world, the complete opposite of the current situation
China Produces More Cement than the Rest of the World Combined
“Between 2011 and 2013, China consumed more concrete than the U.S. did in the entire 20th century”
Global Stock Market Capitalization to GDP Is Signaling Recession
The other two times the ratio has reached similar levels were at the height of the Dot-Com Bubble in 1999 and the height of the Housing Bubble in 2007
Map of the Day: the Rise and Fall of the British Empire
At its height, the British Empire encompassed 23% of the world’s population and 24% of its landmass, making it the largest empire in the history of the world
Image of the Day: Arch of the Money Changers in Rome
By Clerisseau Charles-Louis in 1760
Map of the Day: the Flow of Goods Between States
The flow of all 16 kilotons of domestic freight shipped between the 50 States
The United Nations: Who Votes with China vs the US
It should come as no surprise that the largest recipients of China foreign investment support it most ardently at the UN
Rick Santelli and Jim Bianco: Global Growth Is Desynchronizing
Look at Europe. Look at the rest of the world. It is slowing down a lot
Jim Chanos and James Grant Discuss Financial Fraud
“Imagine all this credit financing all these state supported projects… in a society where information is manipulated and suppressed”