I have in recent years taken a look at the Chinese economy and have always had the same idea in mind. Which is that there is no way that there GDP is growing at such a fast rate without some sort of cooking of the books and that there set for an economic crises. The article i have posted below goes into depth about the latter. I have read countless articles about the impending chines debt crises and consider it a strong possibility in the near future. This article was extremely fascinating because it specifically talks about debt and credit. With china being the worlds second largest economy a debt crises can have horrific global repercussions.

China’s leaders are blowing their last chance to avert an economic crisis
http://www.telegraph.co.uk/business/2016/04/13/chinas-leaders-are-blowing-their-last-chance-to-avert-an-economi/

Today brazil faces a terrible crises that can effect the global economy. Below i posted two articles about Brazils debt and corresponding political problems. Brazil being one of the worlds largest emerging markets could have big implications on the global economy if they were to fall into a prolonged recession. With the upcoming olympics and large deposits of natural resources as well as being a big player in the agricultural market what will come of the emerging titan? I think that brazil has the potential to change its course, not without a possible change in regime and economic policies. Brazil has massive oil reserves that are state run, with Petrobras being present Brazil has the resources to combat its debt crises. The two articles below go into depth about the upcoming economic crises bringing up historical and comparative references to give a really nice understanding of what is going on. I strongly recommend that everyone should at least glance over these articles.

Brazils crises Irredeemable?
http://www.economist.com/news/briefing/21684778-former-star-emerging-world-faces-lost-decade-irredeemable

Brazil’s Highs and Lows
http://www.bloombergview.com/quicktake/brazils-highs-lows

I do not entirely agree with the train of thought behind the “Doctors Vote With Their Feet and Move to Canada” article. It states that the “tall tale” of the Canadian health care system, being so bad that they can’t find enough doctors and medicine in Canada so the doctors move to the U.S is a lie. Saying that its actually doctors moving to Canada because its far better there than in the U.S. Now I agree that the Canadian system is so bad they can’t find enough doctors and medicine to provide there citizens. This comes to no surprise as they have been having these issues for some time now. And most other socialized medical systems are pledged by the same issues. But i think it is more of a supply and demand issue than the job being better in Canada. My thoughts are socialism and socialized programs can never work to the degree a privet organization can. Private organizations can aways provide better care with a higher degree of satisfaction simply because if they don’t they will be replaced by another organization. Beyond that if Canadians don’t have enough doctors ( i.e high demand and low supply) wouldn’t the natural process of economics be doctors moving to Canada ( getting benefits to do so) to fix supply? I don’t have the most sound understanding of the subject but i believe my logic is true. The natural laws of supply and demand back my reasoning. Id love to hear others thoughts about this.

I am a bit of a conservative and had pre existing woes regarding the patient Protection and Affordable Care Act. However, empirical data does not lie. From the “Some Facts About the PPACA” essay i learned allot. I had not previously realized allot of the positive benefits Obamacare has yielded. such as the reduction in the re-admission rate, and that per person hospital spending has reduced. I still have copious issues regarding the PPACA and i will have to admit my knowledge on the act has been a bit partisan. Although, learning the results of Obamacare from a new perspective has shed light on the subject and has gotten me intreated into learning everything i can about the patient Protection and Affordable Care Act. Regardless if it is good or bad.

The “Healthcare and Intergenerational Issues” essay was particularly interesting in the explanation of Asymmetrical and/or incomplete information goods such as healthcare, and the reliance we all have on doctors to diagnose help treat and prescribe medicine for us. Before reading this essay i never really considered a doctor to be defined in such a way. It seems almost ominous to have that much reliance and assumed trust for a service. In terms of the explanation of goods and the process of creating and selling goods this essay has excellent contextual examples.

After reading the “Gapminder and Myths” essay and keynote i was really intrigued about global statistics. I was very surprised about some of the results so i went online to find out more. After searching for a while i came across a website which a link is listed below. This website is very very informative and has a copious amount of different statistics ranging from the economy to health, population and even tourism. Roughly every statistic has an explanation and an interactive map of the world. I strongly recommend paying this site a visit and looking through a few of the topics. It seems all the data is very well sourced

http://world-statistics.org/index.php

The “Can the Poor be Trusted” essay was a little eye-opening. I personally did not realize there was a no strings attached monetary stimulus package. More or less that it has been implemented in 45 countries and has helped 110 million families. Personally the question of can the poor be trusted in a no strings attached cash grant my answer would have been no. I knew the plan would be effective but not to such a high degree. Coming from a family that lives paycheck to paycheck a stimulus package like this would have been a blessing. But i could also see without oversight a large portion of the money would end up in a blackmarket. Reading through this article i could begin to realize how a monetary policy like this one would impact a countries economy. Im not a fan of handouts but after realizing this i am sold on the concept. Now i am curious as to how a policy like this would effect America. Would it mean more cashflow and a healthier economy? Or would it end up as government debt?

The “Bottom Billion” was a particularly interesting essay. I always new there was a distinction between poverty in an industrialized nation and poverty in the rest of the world. However the characterization used in this essay was what was truly fascinating. The difference between relative and absolute poverty was really interesting. I am tempted to buy and read the book after reading this. I found the section about the different traps that a country can fall into to receive reciprocal debt and instability to be very eyeopening.