Are We On Some Sort Of A Cycle? Exactly 14 Years Later, Another Housing Crash Has Arrived
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Global Trade Series: Asia’s Digital Economy
Written By Marcus Lu
Published August 23, 2022
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Updated August 23, 2022
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Comparing U.S. Federal Spending with Revenue
Comparing U.S. Federal Spending with Revenue
In 2021, the U.S. government spent $6.8 trillion on various expenditures and government-aided programs. Where was this money spent, and how much was covered by taxpayers’ dollars?
This graphic by Truman Du shows a breakdown of U.S. federal spending in 2021, as well as a breakdown of where the money came from, using data from USAspending.gov.
Ranked: Top 10 Countries by Military Spending
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China’s Growing Trade Dominance in Latin America
China’s Growing Trade Dominance in Latin America
Over the past 20 years, China’s economic presence around the world has grown significantly, including in Latin America.
Now, China is one of Latin America’s largest trade partners, which is threatening U.S. dominance in the region. This graphic by Latinometrics uses IMF data to show trade flows between China and Latin America since the 1980s.
Two Decades of Trade Growth