Posted on 03/27/2023 7:22:30 PM PDT by anthropocene_x
The next 10 years could bring the slowest rate of growth for the global economy in decades as financial instability and high inflation weigh on productivity, according to the World Bank.
The usual forces that drive economic trends are now retreating, which in turn impacts government policies, spending, and interest rates. A worsening bank crisis may also exacerbate growth constraints, the group said.
"The result could be a lost decade in the making—not just for some countries or regions as has occurred in the past—but for the whole world," the officials said.
(Excerpt) Read more at markets.businessinsider.com ...
The price of The Big Guy getting his 10%
As long as those in charge are allowed to stay in charge without punishment, screw the little people.
May be Babalouie?
“could be”
“may be”
lot of guessing in there ... could be the opposite too
Articles like these give me hope that my stock investments will recover soon,
Do ya think?
Prove me wrong.
Even your cats are not wrong.
It’s a big Club
And we aren’t in it.
let’s make sure we read the “symptoms” correctly ...
most people are still working
industrial output is still good
stock market is still near record high
you can bet against the economy if you want, I’ll be on the opposite side of that bet
My 401k and IRA are at record lows.
Yup, we do have way too much debt. BUT, we are inflating it into a much smaller percentage of GDP at an astonishing rate.
Volumes could be written here about inflation vs. GDP vs. assets vs. markets. But what is at stake is how does one protect their money and even earn it during inflation and recession. One has to be invested in assets which track advantageously with inflation. As the currency deflates the value of assets increases. This is how the stock market and GDP can increase in an anemic, inflationary economy wherein most people are getting poorer. It seems like the market and GDP are flat but in actuality they are declining at the rate of inflation. If the market was ‘down’ 15% last year it was actually down 29% when 14% real inflation is added in.
Savings, bonds and other liquid assets will experience real depreciation with the currency. Critical assets, i.e. such things which are needed for economic activity, will appreciate at pace with inflation as they are still required to support an economy (such as oil). Stock assets with a strong customer base will track well too.
The two best historical stock market returns were Zimbabwe and Argentina during hyperinflation.
What Canuck is saying is you have to be invested in the market to protect your money and possibly profit during bad economic times and inflation. Useful assets will always inflate in value at pace with a currency’s devaluation.
Buy low, sell high, stay invested imo.
What could Robinette possibly do to our declining nation in a mere 18 months?
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