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,
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Marc Chandler considers the following as important: Featured, FX Trends, Great Graphic, newslettersent
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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 |
Tags: Featured,Great Graphic,newslettersent