Map of the Day: The World in Four Regions with Equal Population
The world divided into four regions of equal population
James Sullivan: China Will Never Grow at Past Rates Again
“The reversion trade will not work”
Daniel Lacalle: Next ECB Chief Will Be in an ‘Incredibly Difficult Position’
“The problem is a massive level of government spending, very high taxation, and obviously demographics”
The CBO Expects the National Debt Expense to Overtake Military Spending
If things don’t go perfectly in the future, it will be an even bigger nightmare
James Grant: We Are in a Moment that Literally Has No Precedent
“This economy is capitalized for ultra-low interest rates”
Southern Europe’s Economy Is Still Smaller than a Decade Ago
The four countries’ combined economies are still smaller than they were at the end of 2006
Visualizing the World’s Government Debt
The highest government debt levels since at least World War II for most developed economies
Image of the Day: National Security
‘US National Security… Made in China’
El-Erian: Expect Pickup in High Yield Default Rates
“Be very selective and make sure you can afford your mistakes”
The Military Imbalance in the Taiwan Strait
“China has never ruled out the possibility of invasion and it has continued acquiring the military capability to do so”