2020s on course to be weakest decade for global economy since 1960s, says World Bank

3 comments

1. I can’t help but feel like this is a “no shit” kind of announcement.

   The UK left the EU at the beginning of the 2020s, causing massive economic upheaval and forced the EU to reconsider trade policies.

   The world is still trying to recover from COVID, which really hit its peak in 2020 and caused massive inflation in many, if not most, countries.

   Russia invaded Ukraine, causing massive upheaval in oil and gas trade.

   The United States has elected a tin pot dictator who delights in making random pronouncements about trade for his own personal benefit.

   To say nothing of the fact that the billionaires of the world have started openly buying national elections.

   The period from 2020-2025 has been the loopiest of rollercoasters for the global economy, and there’s no sign currently that 2026-2029 will be much better.

2. So are we finally at the point where the nonstop all channel 24/7 full blast gaslighting about how we’re in the best economy ever and that everyone who doesn’t want to work is just lazy can finally end?

   Because goddamn it feels like journalists have been enabling Boomer & GenX scolding constantly on this.

3. This growth is un sustainable , we are entering trillionaires territory while everyone is getting shafted. Something needs to radically change or revolution will happen

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