Pharmaceutical companies spend billions on the research and development of new drugs, but thats nothing compared with the profits they get in return for selling the,. It also helps that the US government grants drug companies long patents that prevent the availability of cheaper, generic versions. Pfizer, Bristol-Myers Squibb, and Schering-Plough produce and sell some of the best selling drugs in the world, but the same drugs can be found much cheaper, either through the pharmaceutical gray market on the internet, or in canada where generic equivalents are more readily available.
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Talks of a recession in the United States economy has been discussed by many over the years as this cycle has been the longest bull market in history without having a recession. The economy has been booming since the last economic recession during 2009. The below graphic will show the reader that the economy has always fell into recession when the 3 month treasury rate yields more than the 1...
We live in a world thats shrinking due to communication and technology, yet growing in terms of overall wealth and prosperity. In this graphic, we take a look at a few of the worlds leading nations, in terms of economic conditions for individuals and nations. From the perspective of the UK, one of the oldest economies in the world.The UK treasury just released ist spending review which specifies t...
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