The median age of American first-time home buyers climbs sharply
Here is the chart: source This is down to two things: the interest rate on a 30-year fixed rate mortgage is 6.25%. Combined with the high prices of…
@rose98734
French GDP used to be higher than Britain's - but the UK has now decisively pulled ahead
France and Britain have similarly sized populations, and for most of the post-war period had similar sized economies, with France being in the lead, especially during the trente…
Britain's minimum wage is now too high
The minimum wage in the UK is now £12.21 per hour. Rachel Reeves has hinted that it will rise to £12.70 per hour after the budget. That works out to £23,114 per annum for a 35…
Canada finishes doing Quantitative Tightening
The Bank of Canada has shrunk it's assets from 26% of GDP in 2020 to 8% of GDP now. Here is the…
This chart shows why Britain voted to Brexit
It plots economic growth from 2007 to 2015 against real annual wages (i.e. wages after adjusting for inflation): source Click to enlarge the image. There is…
The % of people with an immigration background in German industry
Here is the table in German: source Here is a translation: Schweiss Verbindungstechnik = Welding connection technology :…
Does France believe that the rest of the Eurozone will bail them out via an ECB intervention or by issuing Eurobonds?
France has had three Prime Ministers this year. Michel Barnier lost a vote of no confidence just four months into his premiership after proposing spending cuts. Francois Bayrou…
Nvidia now represents 8.2% of the S&P 500 index
Here's the chart: source Nvidia's share of the S&P 500 index is now bigger than the entire energy sector (3%), the entire…
The number of unemployed in Germany approaches 3 million - the highest since 2014
Normally unemployment doesn't rise much in Germany as there is a state-run furlough scheme that allows businesses to put their staff on a three-day working week till the economy…
Boomers have a total stranglehold over the French economy
Boomers were born between 1945 and 1964, so they are currently aged between 70 and 90. Lots of countries moan about Boomers, but France really does have a case that Boomers are…