South Korea Still Dominates The World With The Highest Density Of Robot Workers | ZeroHedge

China's huge investment in industrial robotics has made it one of the most automated nations on the planet in the space of just a few short years.

As Statista's Anna Fleck reports, according to the latest study by the International Federation of Robotics (IFR), the number of operational robots in China's manufacturing industry reached a ratio of 392 units per 10,000 employees in 2022, a robot density now similar to that of Japanese industry.

China currently ranks fifth (more…)

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Oil – A Global Tax | ZeroHedge

Authored by Robert Burrows via BondVigilantes.com,

Few commodities wield as much influence in the intricate web of global economics as oil. Oil is pivotal in driving economic growth and development as the primary energy source for transportation, manufacturing, and countless other sectors. However, beneath its surface lies a hidden truth: oil can act as a tax on growth, imposing significant costs on economies worldwide. 

The Economic Impact of Oil Prices

Oil prices have a profound (more…)

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