In the Company of Misery

5

Comments

Via Bloomberg:  The 15 Most Miserable Economies in the World.

Misery, as in the misery index (“unemployment rate + change in the consumer price index = misery”):

5 responses to “In the Company of Misery”

  1. Haiti isn’t on the list? No African countries?
    List seems suspect for that reason.

  2. Two casual observations:
    – This is pretty much a made up statistic.
    – Bloomberg failed to note either the 15 least “miserable” countries, or the position of the US. One is allowed to assume that those would not support Bloomberg’s prejudices.

  3. Neil Hudelson Avatar
    Neil Hudelson

    I’m guessing this chart cuts out all those countries whose unemployment rate or price indices, essentially, can’t fall any farther–DRC, Somalia, etc.

  4. @stonetools: It is likely that the governments of many of those countries simply do not track one or the other metric.

  5. @stonetools: I guess South Africa isn’t part of, uh, Africa?