We have created a map which shows the per-capita GDP based upon the type of government in a country. The larger the country appears on the map, the higher the GDP per capita.
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Tag Archive: GDP per capita
What Happens When Rampant Asset Inflation Ends?
Yesterday I explained why Revealing the Real Rate of Inflation Would Crash the System. If asset inflation ceases, the net result would be the same: systemic collapse. Why is this so? In effect, central banks and states have masked the devastating stagnation of real income by encouraging households to take on debt to augment declining income and by inflating assets via quantitative easing and lowering interest rates and bond yields to near-zero (or...
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If Everything Is So Great, How Come I’m Not Doing So Great?
While the view might be great from the top of the wealth/income pyramid, it takes a special kind of self-serving myopia to ignore the reality that the bottom 95% are not doing so well. We're ceaselessly told/sold that the U.S. economy is doing phenomenally well in our current slow-growth world -- generating record corporate profits, record highs in the S&P 500 stock index, and historically low unemployment (4.9% in July 2016).
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Great Graphic: GDP Per Capita Selected Comparison
US population growth has been greater than other major centers that helps explain why GDP has risen faster. GDP per capita has also growth faster than other high income regions. The US recovery is weak relative to post-War recoveries but it has been faster than anticipated after a financial crisis and shows little evidence of secular stagnation.
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Japan Beats the United States in GDP Growth per Capita for Last Decade
Mainstream economists speak of two Japanese lost decades(s) between 1990 and 2009. Often the United States and the UK are seen as leader in growth. Some statistics might confirm this: When we look on a more subtle criteria, namely GDP growth per capita, available at the world bank, we see a different picture. China and … Continue reading...
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