Born in the USA? Too bad
Researchers have compiled a list of the best countries for babies to be born in, and the United States doesn't even crack the top 10.
America prides itself on being the land of opportunity, where anyone can make a better life for himself. But editors at The Economist are taking exception to that notion.
They have turned to their colleagues at a sister company, the Economist Intelligence Unit, for metrics to determine the best places for babies to be born in 2013.
The Economist used the group’s economic forecasts to 2030 to figure out where children born this year might be, financially and otherwise, when they reach adulthood.
It also looked at a variety of factors -- such as geography, demographics, state of the world economy, personal income and security -- to come up with its conclusions.
According to The Economist, given all those indicators, where is the luckiest place for a baby to be born in 2013?
Here are the top 10 countries for a newborn to have "the best opportunities for a healthy, safe and prosperous life in the years ahead."
- New Zealand
- Hong Kong
"America," according to the magazine, "where babies will inherit the large debts of the boomer generation, languishes back in 16th place."
Nigeria comes in last.
The Economist notes that "despite their economic dynamism," none of the so-called BRIC countries -- Brazil, Russia, India and China -- did well on the list, either.
The magazine acknowledges its list has a lot of smaller economies in the top 10.
The current global economic crisis, it says, has also "left a deep imprint" in the eurozone, affecting unemployment and personal security there. The Netherlands was the only eurozone nation to make it into the top 10.
Of course, as with all top 10 lists, a lot of The Economist’s findings are arbitrary.
"Quibblers will, of course, find more holes in all this than there are in a chunk of Swiss cheese," says the magazine, which also notes that, speaking of Swiss cheese, Switzerland rates high on its "yawn index."
And regarding Switzerland's dubious standing as the top place to be born, the magazine quotes a line from Orson Welles' villainous character in the classic postwar movie "The Third Man:"
"In Italy for 30 years under the Borgias they had warfare, terror, murder, and bloodshed, but they produced Michelangelo, Leonardo da Vinci, and the Renaissance. In Switzerland they had brotherly love -- they had 500 years of democracy and peace, and what did that produce? The cuckoo clock."
More on moneyNOW
Why are people still doing nothing about anything?
Think about it, our country is ruined!
Thanks Mr. Presidents.
So why can't we detour them over there, give them the word. Head for Switzerland
Educating and providing Healthcare for our Country, is probably the most important agenda..
After that most everything else falls into into place....IMO
Early on in many societies, MOST everyone worked for the greater good...Of the Collective..
They all had their problems, just like some situations today..
Some groups still function that way today, with common or appointed/elected leaders..
Some still take care of their elders as way of life, and the little children...
But they all contribute if able...
Ahhhh, the "Good Old Days."
You have to realize that many of these Countries are "neutralist" and somewhat Socialist in the ways they operate...
Early on some civilizations started out this way, after going through many other ways to Rule or Conquer, they realize that it wasn't worth all the trouble except to further their causes AND,,,,
They don't want to be "World Cop" anymore and have reached a satisfactory point in life, once again where everyone...CONTRIBUTES a LITTLE to the CAUSE.
And they use their heads and not so much Brawn..
In someways America is headed that direction, but greed and capitalism is a long term process.
Maybe in Obama`s second term the Obama haters wil learn to spell his name.
My business has expanded the last 4 years and I`ve never lived better.I`m sorry
the negitive far right that hates America, Obama and the constitution has missed
Not surprising Hong Kong made the top10. That's where all the jobs are, now that the U.S gets most of it's goods from there.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The S&P 500 (-0.1%) and Dow (-0.3%) have slid into the red, while the Nasdaq Composite (+0.3%) and Russell 2000 (+0.3%) continue showing relative strength.
The divergence between the key indices is a reflection of notable underperformance among blue chip listings. Of the 30 Dow components, 22 display losses with seven names down at least 1.0%. UnitedHealth (UNH 81.99, -2.28) is the weakest performer, down 2.7%, while American Express (AXP 90.54, -1.17), ... More
More Market News
After enjoying a smooth rise in stock prices since May, investors are about to be hit with another bout of volatility.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'