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The US is looking like an outlier in the global inflation picture. Why that matters.


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4) Healthcare

 

What makes the US unique from most of the developed world? Private health care. Note the components that were upside drivers in the latest Dallas Fed Trimmed PCE report (month-over-month annualized changes):

 

Net health insurance +15.5%

Physician services +1.8%

Financial service charges, fees, and commissions +3.5%

Nonprofit hospitals' services to households +3.8%

Government hospitals +3.8%

Electricity +4.0%

Motor vehicle maintenance and repair +4.8%

Other purchased meals +4.1%

Dental services +5.3%

https://www.forexlive.com/news/the-us-is-looking-like-an-outlier-in-the-global-inflation-picture-why-that-matters-20240411/

another dandy... :thumbsup:

Edited by Crnr2Crnr
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Healthcare spending in Canada is out of control.

It’s the number one item of federal and provincial budgets, yet it keeps getting worse and worse.

Years long waits for surgeries, ER’s closing all over.

Canadians gladly head to you guys to buy healthcare.

 

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2 hours ago, Voodoo said:

Healthcare spending in Canada is out of control.

It’s the number one item of federal and provincial budgets, yet it keeps getting worse and worse.

Years long waits for surgeries, ER’s closing all over.

Canadians gladly head to you guys to buy healthcare.

 

With or without health insurance, you’re almost guaranteed bankruptcy if you contract a major illness like cancer. 

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