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American companies that failed in China & Chinese companies that failed in the United States

American companies that failed in China

This week in Visual Capitalist is an infographic on American companies that failed in China. Which made me wonder… what are the biggest Chinese companies and have any of them succeeded at expanding in the United States? So what are the biggest Chinese companies? There are two ways to answer that question. The Wikipedia answer, which includes the government-owned corporations like the power...

The World’s GDP and Growing Middle Class

The world's growing middle class

Two interesting infographics from The Visual Capitalist. The first showing the distribution of GDP around the world and the second, the size of the global middle class both now and where it’s headed by 2030. Do remember that GDP is a flawed index, but ignoring that, what pops out to me on this graphic is just how insignificant the oil wealth of the Middle East is in comparison to North...

The first public company

The first public company

We take much of modern economic infrastructure for granted, including stock markets and the idea of publicly traded companies. While you may have heard the anecdotal stories about the first public companies having their shares traded under a tree in Amsterdam, London, or on Wall Street in New York City, the very first company (in the West) to sell shares to the public was The Marchants...

The Long 20th Century

The Long Twentieth Century

The Long Twentieth Century is more than its name describes, a very long and detailed economic history of not just the 20th Century but global Western capital of four eras: Venice/Genoa, Dutch Empire, British Empire, United States. TL;DR, with an emphasis on the don’t read… the interesting part of this book isn’t the 20th Century nor the Long 18th Century either, as both of those...

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