Our Charts of the Week from this week’s Daily KnowHow.
That G7 tax agreement
The G7 countries have reached an agreement for a minimum 15% corporation tax rate. But there is far more to discuss and go through than that. Digital tax agreements will take time and even then, implementation is still a fair way down the road. Well, here’s a bit of context for you courtesy of Howmuch.net.
Smaller enterprises driving employment
We had a mixed week for employment with a strong ADP number followed by a weaker than expected report on Friday. Putting the headline numbers aside however, we’ve been digging into the mix of jobs growth across small, medium and large businesses. There’s a pretty healthy trend for small businesses that should prove exciting for US growth in years to come.
The global debt bubble
Another chart courtesy of HowMuch.net showing you the debt as a percentage of GDP across the globe. God, that is a lot of red. And, it’s without even taking into account the demographic time bomb that’s ticking away in the background in many Western economies. The US is bad but really it’s the cleanest dirty white shirt.
Inflation in your breakfast
The inflation debate continues to create much excitement amongst economists. This chart from the FT brilliantly captured what has been getting so many of the hawks anxious in recent weeks. The cost of their breakfast…