stackyFACTSBy the time lagging indicators tell you the market is in trouble, you have already lost half your net worth. These metrics, like general unemployment numbers, only change after the massive economic shift has fully occurred. They are incredibly accurate, deeply historical, and absolutely useless for actual future planning.
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Turns out, maximizing pure profit doesn't necessarily create a functional society. Frustrated statisticians invented an alternative scale that actively…
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Burgernomics is an entirely real economic tool created by The Economist in 1986 to measure purchasing power parity using the price of a McDonald's Big Mac.…
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Because a nation desperately wants to claim the success of expatriates who left. This specific metric calculates total output produced by a country's…
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A dollar does not buy the exact same amount of sustenance in Geneva as it does in Manila. Analysts mathematically alter comparative exchange charts to reflect…
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Simon Kuznets created the foundational concept of Gross Domestic Product in the 1930s but explicitly warned the US Congress that it should never be used as a…
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The Gini coefficient turns the terrifying gap between the ultra-rich and the poor into a neat little decimal. A score of zero means perfect equality, while a…
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