Alexonomic's Outlook for 2013: South America

Yes, the Brazilians are still the centerpiece of South American economic growth, yet there are competitors arising. While Venezuala faces a period of uncertainty with the potential replacement of Hugo Chavez, Argentina offers a renewed challenge to the Falklands under Cristina Fernández de Kirchner.

Wednesday, 29 February 2012

This is the Motor City

Motown, Hockeytown, Rock City and now Broke Town. Yeah, we're talking about Detroit. The city has seen far better times. The once great auto manufacturer has seemingly fallen into a economic disparity according to the eyes of the world. However, despite an unsolved murder rate of 70%, a thriving illegal drug industry, and having the most expensive auto insurance in America for having a high crime rate, Detroit is showing signs of recovery. Detroit is one of the few cities in the US to have all the big four accounting firms present,...