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The Big Picture

Macroeconomics, Socioeconomics, Geopolitics, Business and Government, Secular Trends and Big Picture Themes

Africa’s Failure to Industrialize: Bad Luck or Bad Policy?

On Thursday, November 20 the United Nations celebrated the 25th Africa Industrialization Day. But perhaps “celebrate” is not exactly the […]

Stock Market History Through Old Photos

Back in the old days, the stock market and the economy in general had a huge effect on the American […]

This map shows which is the deadliest infectious disease where you live

Tuberculosis’ and ‘AIDS’ aren’t trending on Twitter, but they probably should be. ENLARGE (GlobalPost) The worst Ebola outbreak in history has […]

Mapping freight – The Highly Concentrated Nature of Good Trades in United States

Considering the importance of goods trade to the United States, strikingly little is known about which regions trade with one […]

China’s Corruption Crackdown Pummels Macau Casinos

The southern Chinese city of Macau is the global capital of casino gambling. Last year, revenue rose about 20 percent, […]

Flurry of China bank deals hints at renewed confidence

By Jennifer Hughes, FT, China’s banks and insurers have more actively sought overseas assets in 2014 than at any time […]

12 Countries That Hate Their Government Most

By Alexander E.M. Hess and Thomas C. Frohlich Europeans went in May to the polls to vote for their representatives to the European […]

Charts Show 28 Seriously Troubled Mega-Banks: 24 of Them in Europe

By Michael Shedlock, I have been saying for years that European banks are in far worse shape than U.S. banks. […]

Banking on BRICS

  In July, leaders of the five emerging market countries known as the “BRICS” (Brazil, Russia, India, China and South […]

A Year’s Extraction of Metal Shown Next to Landmarks and Cities

JEFF DESJARDINS “One death is a tragedy. One million is a statistic.” – Joseph Stalin For thousands of years of […]