Friday , May 10 2024
Home / SNB & CHF / Great Graphic: Progress

Great Graphic: Progress

Summary:
The world looks like a mess. While the economy appears to be doing better, disparity of wealth and income has grown. Debt levels are rising. Protectionism appears on the rise. Global flash points, like Korea, Middle East, Pakistan, Venezuela are unaddressed. At the same time, this Great Graphic tweeted by @DinaPomeranz, with a hat tip to @bill_easterly is a helpful corrective. The clear decline in hunger, poverty, illiteracy, child mortality and pollution is impressive. Moreover, the most serious financial crisis since the Great Depression is hardly detectable in this chart. It helps keep things in perspective. Progress 1990 - 2015 - Click to enlarge Related posts: FX Daily,

Topics:
Marc Chandler considers the following as important: , , ,

This could be interesting, too:

Marc Chandler writes Riksbank Cuts, Oil Slips, and the Yen Remains Under Pressure

Marc Chandler writes Market Pushes the Yen Lower, Helped by a Broadly Firmer Greenback

Mark Thornton writes It’s the PPI Once More!

Daniel Lacalle writes Get Ready for Weaker Growth and Higher Inflation. The Consensus Was Wrong.

The world looks like a mess. While the economy appears to be doing better, disparity of wealth and income has grown. Debt levels are rising. Protectionism appears on the rise. Global flash points, like Korea, Middle East, Pakistan, Venezuela are unaddressed.

At the same time, this Great Graphic tweeted by @DinaPomeranz, with a hat tip to @bill_easterly is a helpful corrective. The clear decline in hunger, poverty, illiteracy, child mortality and pollution is impressive. Moreover, the most serious financial crisis since the Great Depression is hardly detectable in this chart. It helps keep things in perspective.

Progress 1990 - 2015

Great Graphic: Progress

- Click to enlarge


Tags: ,,
Marc Chandler
He has been covering the global capital markets in one fashion or another for more than 30 years, working at economic consulting firms and global investment banks. After 14 years as the global head of currency strategy for Brown Brothers Harriman, Chandler joined Bannockburn Global Forex, as a managing partner and chief markets strategist as of October 1, 2018.

Leave a Reply

Your email address will not be published. Required fields are marked *