Presenting a Visualization of the $105 Trillion World Economy in a Single Chart, the associated article delivers unsettling insights for russiA’s puty. It's advisable to refrain from sharing it with him to prevent any potential display of frustration, sparing the walls of his bunker from potential incidents involving caviar and vodka.
https://www.visualcapitalist.com/visualizing-the-105-trillion-world-economy-in-one-chart/
#JohnMastodon #IAmMastodon #TwitterExodus #TwitterRefugee #TwitterRIP #Fediverse #Artifact #WorldEconomy #GDP
#gdp #worldeconomy #artifact #Fediverse #twitterrip #twitterrefugee #twitterexodus #iammastodon #johnmastodon
My summary of this excellent article, which argues "nothing makes sense" of the #globaleconomy anymore, pivots on the 3Ps, #populism, #pandemic, and #putin.
What "held" the #worldeconomy together for the last three decades or so is #unraveling before us. Time for #newthinking and newer #models to guide us.
The author concludes by saying #improvisation is the #solution. Mebbe, we should all practice #jugaad, making #india the #Vishwaguru again.
https://www.nytimes.com/2023/06/18/business/economy/global-economy-us-china.html
#globaleconomy #populism #pandemic #putin #worldeconomy #unraveling #newthinking #models #improvisation #solution #jugaad #india #vishwaguru
The #WorldEconomy Is Changing—the People Know, But Their Leaders Don’t https://www.counterpunch.org/2023/06/07/the-world-economy-is-changing-the-people-know-but-their-leaders-dont/
More #DebtCeiling realism.
Seriously, it's time to get off our collective butts and call our members of Congress to let them know you do not support the #GOP holding the #UnitedStates economy hostage!
#14thAmendmentNOW #worldeconomy #debtcrisis #unitedstates #gop #debtceiling
De-dollarization Has Already Started, Says Russia’s Foreign Minister Lavrov - The process of de-dollarization has practically started, according to Russian Mini... - https://news.bitcoin.com/de-dollarization-has-already-started-says-russias-foreign-minister-lavrov/ #de-dollarization #developmentbank #foreignminister #globaleconomy #sergeylavrov #worldeconomy #u.s.dollar #sanctions #conflict #economy #russian #ukraine #brazil #dollar #lavrov #russia #brics #trade #news #ties #u.s. #war
#war #ties #news #trade #brics #russia #lavrov #Dollar #brazil #ukraine #russian #economy #conflict #sanctions #u #worldeconomy #sergeylavrov #globaleconomy #foreignminister #developmentbank #de
Stab in the dark. If a majority of western countries lifted import tariffs to over 5% inflation would freefall.
Less demand on imports would give other countries half a chance to consume their own products at lower prices.
Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says - Within the next decade, the U.S. dollar will play a much less dominant role than i... - https://news.bitcoin.com/dollar-to-play-lesser-role-due-to-its-weaponization-digital-currencies-economist-jeffrey-sachs-says/ #economicsprofessor #digitalcurrencies #digitalcurrency #bankingsystem #jeffreysachs #worldeconomy #settlements #u.s.economy #u.s.dollar #economist #payments #renminbi #dollar
#Dollar #renminbi #payments #economist #u #settlements #worldeconomy #jeffreysachs #bankingsystem #digitalcurrency #digitalcurrencies #economicsprofessor
“The rich world’s housing crunch is far from over” https://bankwatch.ca/2023/04/04/the-rich-worlds-housing-crunch-is-far-from-over/ #CanadianEconomy, #Economy, #Rules-based-international-system, #WorldEconomy
#worldeconomy #rules #economy #canadianeconomy
https://www.pbs.org/newshour/world/garbage-piles-up-as-french-strike-nationwide-over-pension-change Garbage piles up as French strike nationwide over pension change
French people hoping to preserve their retirement benefits took to the streets in a nationwide protests
Economic challenges have prompted widespread unrest across Western Europe. In Britain on Wednesday, teachers, junior doctors and public transport staff were striking for higher wages to match rising prices. #SocialJustice #WorldEconomy #EUprotests
#socialjustice #worldeconomy #euprotests
Havana Declaration Outlines Vision for Building Just World Economy..#WorldEconomy..#Justice https://www.commondreams.org/news/havana-declaration-just-world-economy
India a 'bright spot' in world economy right now: top UN economist
#India #worldeconomy #brightspot #UN #HamidRashid
Source : Economic Times
https://economictimes.indiatimes.com/news/india/india-a-bright-spot-in-world-economy-right-now-top-un-economist/articleshow/97340477.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
#hamidrashid #un #BrightSpot #worldeconomy #India
As if the #stressed #globaleconomy didn't have its share of #troubles, the #looming #fight over the #debtceiling might be the "party pooper" for the #unitedstates #economy and, by extension, the #worldeconomy.
Remember that the #usdollar is backed by the "full faith" of the #US
Worse, it is a #selfgoal by the #usa, and "they" can't blame #china for their #dysfunction and inability to #govern,
#stressed #globaleconomy #troubles #looming #fight #debtceiling #UnitedStates #economy #worldeconomy #usdollar #us #selfgoal #usa #China #dysfunction #govern
Hallo, mijn naam is Bas 🇳🇱 🇪🇺
Vrijetijdsbesteding #hardlopen #wandelen #computer #koken #stedentrips
Geïnteresseerd in #GeoPolitiek #WereldEconomie #InformatieTechnologie
#introductie
Hello, my name is Bas and I am from the Netherlands.
Leisure activity #run #walk #computer #cook #CityTrips
Interested in #GeoPolitics #WorldEconomy #InformationTechnology
#introduction
#standwithukraine #introduction #informationtechnology #worldeconomy #geopolitics #citytrips #cook #computer #walk #run #introductie #informatietechnologie #wereldeconomie #geopolitiek #stedentrips #koken #wandelen #hardlopen
The World Economy No Longer Needs Russia
https://foreignpolicy.com/2023/01/19/russia-ukraine-economy-europe-energy/
#Russia #Putin #WorldEconomy #Global #Politics
#russia #putin #worldeconomy #global #politics
A BIG and potentially more potent trigger is the emerging #debtceiling #crisis, which can lead to an "unprecedented" #default of the #unitedstates #economy.
Remember, the #dollar is the #world's #reserve #currency, backed by the "full faith" of the #us.
While I expect this #flashpoint over #america's #credit #standing to resolve itself, the ensuing "drama" can do damage and cause pain to the #worldeconomy.
#debtceiling #crisis #default #UnitedStates #economy #dollar #world #reserve #currency #us #flashpoint #america #credit #standing #worldeconomy
Despite creeping economic optimism, top US Banks are sending warning signals on the economic impacts expected to be felt over 2023/ 2024.
The message to markets, politicians and consumers is to expect these changes and there is implicit air cover for 100’s of smaller banks to follow suit.
Moves by the Fed will have both short and long term impacts that will take years to work themselves through the financial system.
https://bankwatch.ca/2023/01/13/despite-creeping-economic-optimism-top-us-banks-are-sending-warning-signals-on-world-economy/
#JPMorgan #worldeconomy
#WorldEconomy #Russia #Germany #USA #China #EU #Import #Export #RekordImport #Preisanstieg #Öl #Gas #Wende2023 #Sanktionen #Sanctions #Wirksamkeit #Abfederung #Konsum #Oberschicht #Kunden #Energie #Energiewende #Energiekrise #Energieversorgung
#Russlandhandel: Öl und Gas sorgen für Import-Rekord +++ Sie verlassen #Russland (Statista + Kommentar) | Briefing 98 | #Geopolitik #Wirtschaft #Economy #Russia #China #EU #USA
#worldeconomy #russia #germany #usa #china #eu #import #export #rekordimport #preisanstieg #ol #gas #wende2023 #sanktionen #sanctions #wirksamkeit #abfederung #konsum #oberschicht #kunden #energie #energiewende #energiekrise #energieversorgung #russlandhandel #russland #geopolitik #wirtschaft #economy
One third of #worldeconomy expected to be in #recession in 2023, says #IMF chief.
https://www.cnn.com/2023/01/02/business/imf-china-global-economy-recession-intl-hnk/index.html
International Monetary Fund #IMF Managing Director Kristalina Georgieva warned that the #GlobalEconomy faces “a tough year, tougher than the year we leave behind.”
“We expect one-third of the #WorldEconomy to be in #recession,” Georgieva told CBS’s ‘Face the Nation’ in an interview aired Jan. 1. “Why? Because the three big economies — #US, #EU, #China — are all slowing down simultaneously.”
#imf #globaleconomy #worldeconomy #recession #us #eu #china
IMF Warns of Tough Year Ahead for World Economy Citing Slowdown in US, EU, China - The International Monetary Fund (IMF) has warned that 2023 will be a tougher year ... - https://news.bitcoin.com/imf-warns-tough-year-ahead-for-world-economy-slowdown-in-us-eu-china/ #chinacovidpolicy #chineseeconomy #imfpredictions #worldrecession #worldeconomy #eueconomies #usrecession #economics #useconomy #imfchina #china #imfeu #imfus #imf
#imf #imfus #imfeu #china #imfchina #useconomy #economics #usrecession #eueconomies #worldeconomy #worldrecession #imfpredictions #chineseeconomy #chinacovidpolicy