economy

A lot of people outside the US do not realize just how much taxes can vary between states. The difference between US states in this regard is often larger than between European countries. Many people also believe that taxes are lower in the United States than in Europe, but it really depends on...

This chart shows the estimated GDP per capita in the early Roman Empire (around $1000) and other periods in European history. To put this into perspective, $1000 is about the same as Ethiopia or Congo today. It's only in the 19th century that Europe's GDP per capita climbed above this level.

British families have suffered the largest fall in wealth among rich countries since the pandemic, according to the UBS Global Wealth Report 2026, as reported by the Telegraph. The average Briton’s wealth has dropped by more than a fifth over the last five years, the worst decline among the 37...

A newly published study in the British Medical Journal says that the US–UK pharmaceutical deal agreed last December could lead to 229,000 excess deaths in England by 2036 if the NHS has to divert money from other services to pay for it. That’s more than the 137,000 deaths recorded during the...

Spoiler: it's not. In fact, European companies are essential players in a few domains. This video explains it very clearly.

Price changes in the UK Price changes in the US I couldn't find similar charts for other countries, but the trend for many consumer products, it's probably the same in most countries. Electronics and toys have become considerably cheaper over the last 25 years. Clothing, furniture...

The World's Happiest Cities This chart comes from the Happy City Index. Based on 64 indicators across six dimensions, the Index highlights cities that combine quality of life, sustainability and long-term development strategies. It covers 251 cities in developed countries. In the world...

This thread is designed to share interesting charts about economic indicators to compare where countries stand. Salaries have increased considerably from 2010 to 2024 in new EU member states. The fastest wage growth were in Latvia (+77%), Lithuania (+67%), Estonia (+40%) and Poland (+38%)...

If you’ve ever wondered why Ireland’s economic stats look so weird, you need to watch this. It explains the '€241 Billion Trap'—how multinational profits (like Apple and Google) inflate the country's wealth while the actual cost of living sky-rockets. It’s a fascinating look at the 'Double...

I just came across this deep dive by EconomyUnpacked into Germany’s energy crisis, and honestly, the numbers are staggering. Whether you’re interested in geopolitics, economics, or climate policy, this is a must-watch that challenges the narrative of the Energiewende (Energy Transition). The...

Canadian house prices have more than tripled over the last 25 years. Canada and Australia face the greatest mortgage default risk among advanced economies, primarily due to high household debt levels and a significant share of borrowing at floating interest rates. This video explains why...

This is probably the best economic history of Britain I've seen in video. It explains how the country lost its Empire to the United States after the Second World War, how the Americans stabbed the Brits in the back in 1956 to make sure that they didn't rebuild even part of their commercial...

Urethra really interesting video that explains how the BRICS countries have been trying to find a way around the dominance of the US dollar in world trade and SWIFT banking system. This comes at a time when European countries are considering dropping their US dollar reserves and using the Euro...

The Trump administration has increased its threats of invading and annexing Greenland. Right after attacking Venezuela and capturing president Madura, President Trump announced that they also needed Greenland. Anyone who has been following a bit the news knows that the attack on Venezuela is...

I have been following (and even supporting) the YouTube channel EU Made Simple for a while. It's the best channel I know about EU politics and economy. This video is particularly important. Don't forget to watch YouTube videos with an ad blocker or even better a browser with an inbuilt ad...

You may have heard of their digital euro. But what is it exactly? It has nothing to do with cryptocurrency stable coins like the USDT. It's way for the European Union to become an independent from American credit card companies like Visa and MasterCard by making card payments directly from...

Interesting chart. Notice how some countries have quite different GDP per capita vs GNI per capita. GDP measures the total value of all goods and services produced within a country's borders over a specific period, regardless of who produces it (domestic or foreign entities). GNI measures...

All countries in the world lend and borrow money to each others. There has been a lot of talk about the US public debt lately. About 12% of it is owned by foreign governments, notably Japan, China and the UK, and another 9% to 12% by foreign companies and individuals. But despite having a public...

While I already knew well the limitations of the GDP per capita for judging how rich a country is, the video made me think of calculating the Net GDP per capita of 'supposedly rich countries'. To do this, just subtract the public debt per capita from the GDP per capita. By doing this we see that...

At present, 20 countries already operate high-speed railways. This includes 12 European countries, as well as Japan, South Korea, Taiwan, China, Indonesia, Uzbekistan, Saudi Arabia, and Turkey. Egypt should open its first line this summer. India and Thailand will follow next year. In the...