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modern economy crumble. what will happen next?
Membre depuis Mar 02, 2020
posts 5
Membre depuis Mar 03, 2020
posts 7
May 25, 2020 at 11:36
Membre depuis Mar 03, 2020
posts 7
By the end of 2021, only China will return to the pre-crisis level of large economies, according to McKinsey and Oxford Economics. Global GDP will reach the level of the fourth quarter of 2019 in the third quarter of 2022, while the US GDP in the first quarter and the eurozone in the third quarter of 2023 (all estimates assume an error of plus or minus one quarter). I think that we will still remember very long about this time of difficult changes.
Membre depuis Mar 03, 2020
posts 4
May 25, 2020 at 11:44
Membre depuis Mar 03, 2020
posts 4
To date, there is no exact recipe for resuming the economy. The soap bubble burst. This has been predicted for a long time. It’s just not everyone understood it yet. Time will tell. In two years, I think a lot will change in that order.
Membre depuis Jul 16, 2019
posts 10
Membre depuis Apr 02, 2020
posts 2
May 28, 2020 at 08:39
Membre depuis Apr 02, 2020
posts 2
he crisis of 2020 will surely go down in history. After all, this is probably the first time in the world economy when production, financial markets, and consumer demand for goods and services collapsed simultaneously. All previous crises have developed in a different way: first, one thing fell (such as the mortgage market in the United States in 2007), and a few months later, the problems spread to related sectors of the economy.
Another distinctive feature of the current economic downturn is the speed of its development: it took only a couple of months for the whole world to understand that very difficult times are ahead of us. And few people can say with certainty how big the economic losses will eventually be, as the coronavirus pandemic — the main cause of the crisis-continues to spread.
Another distinctive feature of the current economic downturn is the speed of its development: it took only a couple of months for the whole world to understand that very difficult times are ahead of us. And few people can say with certainty how big the economic losses will eventually be, as the coronavirus pandemic — the main cause of the crisis-continues to spread.
May 28, 2020 at 09:51
Membre depuis Apr 10, 2020
posts 2
The international monetary Fund expects the world economy, which grew by 3% last year, to contract by the same amount this year. Growth will resume in 2021, and according to the IMF forecast, it will be quite fast.
Meanwhile, for the Euro zone economy in 2020, the IMF predicts a decline of 7.5%, which will also be replaced by rapid growth in 2021.
A similar situation will occur in the United States, where 30 million people have already lost their jobs.
Growth in the dynamic Asian economy will slow to 1% this year, while China's GDP shrank by an unprecedented 7% in the first quarter.
Oil prices have become more volatile than ever before. The cost of North sea Brent oil fell to $ 26 per barrel, and the cost of the American brand WTI in April went into negative values.
Against the background of the problems of the traditional economy, businesses built on Internet platforms are thriving. So, shares of Amazon jumped by 27%, Netflix-by 29%, and the popular video conferencing platform Zoom - by 130%.
Meanwhile, for the Euro zone economy in 2020, the IMF predicts a decline of 7.5%, which will also be replaced by rapid growth in 2021.
A similar situation will occur in the United States, where 30 million people have already lost their jobs.
Growth in the dynamic Asian economy will slow to 1% this year, while China's GDP shrank by an unprecedented 7% in the first quarter.
Oil prices have become more volatile than ever before. The cost of North sea Brent oil fell to $ 26 per barrel, and the cost of the American brand WTI in April went into negative values.
Against the background of the problems of the traditional economy, businesses built on Internet platforms are thriving. So, shares of Amazon jumped by 27%, Netflix-by 29%, and the popular video conferencing platform Zoom - by 130%.
Membre depuis Apr 29, 2020
posts 3
May 28, 2020 at 11:24
Membre depuis Apr 29, 2020
posts 3
The economic situation in Italy already left much to be desired: it was affected by the global economic crisis and domestic political instability, as a result of which the Peninsula showed only 0.2% growth last year. For this year, the Italian authorities planned an increase of 0.6%, but this was before the epidemic
Membre depuis Apr 29, 2020
posts 2
May 28, 2020 at 12:17
Membre depuis Apr 29, 2020
posts 2
Alessandro566554 posted:I think that soon the situation will stabilize
The economic situation in Italy already left much to be desired: it was affected by the global economic crisis and domestic political instability, as a result of which the Peninsula showed only 0.2% growth last year. For this year, the Italian authorities planned an increase of 0.6%, but this was before the epidemic
Membre depuis Apr 30, 2020
posts 8
May 28, 2020 at 12:40
Membre depuis Apr 30, 2020
posts 8
From an economist's point of view, this time is unique in its complexity. We are experiencing a double shock — supply and demand. This makes the task of countering the crisis extremely difficult — because countering these shocks requires the opposite economic policy measures. The key question is: how to find a balance of anti-crisis measures that solve both tasks simultaneously?
May 29, 2020 at 11:03
Membre depuis Oct 19, 2019
posts 38
Leonardo00888 posted:Well it surely should.Alessandro566554 posted:I think that soon the situation will stabilize
The economic situation in Italy already left much to be desired: it was affected by the global economic crisis and domestic political instability, as a result of which the Peninsula showed only 0.2% growth last year. For this year, the Italian authorities planned an increase of 0.6%, but this was before the epidemic
Membre depuis Jan 05, 2020
posts 16
Membre depuis Feb 12, 2020
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Membre depuis Feb 12, 2020
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Membre depuis Feb 11, 2020
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Membre depuis Jun 19, 2020
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Jul 22, 2020 at 05:59
Membre depuis May 14, 2020
posts 7
In my view, it will take time but economies will recover soon by the end of the year. Major countries doing whatever it takes to control the pandemic and to recover the economy. Countries are planning for massive stimulus and planning policies to combat the virus impact.
Membre depuis Mar 05, 2020
posts 5
Aug 18, 2020 at 12:46
Membre depuis Mar 05, 2020
posts 5
Matthias53636et posted:I agree with you about the next round in the economy, but it's not clear to what realities it will lead us
As you can see, this was another round of economic movement, and as my forecasts showed, nothing critical happened to it.
Membre depuis Mar 06, 2020
posts 6
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