Posted on 01/10/2024 7:59:54 AM PST by george76
The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank.
Global growth is forecast to slow for the third year in a row in 2024, dipping to 2.4% from 2.6% in 2023, the bank said in its latest “Global Economic Prospects” report.
“Without a major course correction, the 2020s will go down as a decade of wasted opportunity,” Indermit Gill, the World Bank Group’s chief economist and senior vice president, said.
The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank.
...
The bank warned that without a “major course correction,” the 2020s will go down as “a decade of wasted opportunity.”
Developing economies to be hit hardest..
On a regional basis, growth this year is set to weaken most in North America, Europe and Central Asia, and Asia-Pacific — mainly on account of slower expansion in China.
...
developing economies are set to be the hardest hit on a medium-term basis as sluggish global trade and tight financial conditions weigh heavily on growth.
“Near-term growth will remain weak, leaving many developing countries — especially the poorest — stuck in a trap: with paralyzing levels of debt and tenuous access to food for nearly one out of every three people,” Gill said.
(Excerpt) Read more at cnbc.com ...
The World Bank’s plan is succeeding.
So Biden spreads and takes years to get over. If at all?
Wasted opportunity for what? To control every aspect of our lives?
Folks, these people are pure evil, make no mistake.
Half-decade? Sounds like a 5-year plan.
[The global economy is on course to record its worst half decade of growth in 30 years]
I still say there will be a Global Economic Crash.
Then, a Global Digital Currency.
Then, Satan’s anti-messiah, the Antichrist.
YMMV
When the game is rigged ppl pull their chips.
Build
Back
Bitter
Gee... I wonder why? Couldn’t be the global imposition of Socialism by the World’s Power Elite could it?
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