Visualizing How Much Countries Spend on R&D

via visualcapitalist: Innovation can be a major competitive advantage for any developed economy. However, achieving a sustainable rate of innovation isn’t necessarily a straightforward exercise. The reality is that innovation is a complex and difficult outcome to measure, and there are …

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SUSTAINABILITY: As Debt Rises, the Government Will Soon Spend More on Interest Than on the Military. “Tax cuts, spending increases and higher interest rates could make it harder to respond to future recessions and deal with other needs.”

via nytimes: The run-up in borrowing costs is a one-two punch brought on by the need to finance a fast-growing budget deficit, worsened by tax cuts and steadily rising interest rates that will make the debt more expensive. With less money …

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Visualizing Where Tourists Spend the Most Money

by howmuch Mark Twain once quipped, “Travel is fatal to prejudice, bigotry, and narrow-mindedness.” But what if people are by and large only traveling to the same places? Our newest map highlights the countries with thriving international tourism industries, and …

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Save Until It Hurts and Then Spend

BY JARED DILLIAN The following are both true statements: You should save until it hurts. Money is meant to be enjoyed. A couple of weeks ago I read The Millionaire Next Door. And I got frustrated with it after about 45 pages. …

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Long Eurozone Bonds? Governments Continue To Spend As If There Is No Tomorrow While Eurozone Slowdown Is Evident

https://twitter.com/dlacalle_IA/status/1011696454224793605 Long Eurozone 🇪🇺Bonds? Good luck.#ECB signals end of QE and there is no evidence of real demand at these yields. Meanwhile, governments continue to spend as if there is no tomorrow… … while Eurozone slowdown is evident pic.twitter.com/8GDcRzpEHt — …

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