market places: With an expected 2.6 percent global growth, room to maneuver is limited and skepticism is the norm, with warnings of financial losses, a jobless market and trade wars in every media outlet and international conference, according to Global Times China. This begs the question Are we economically doomed Is there nothing in motion globally to rectify the downturn It is important to point out that our world economies have moved from expansion to sustainability, and that is what the 2.6 percent global growth figure reflects. The numbers are clear. The double digit era is over as the world's major market places have matured. We are not experiencing a World War II aftermath, when most nations were bankrupt, markets were non-existent, and the worldwide population was living in poverty. Within this new context, unfortunately, we still measure our economies using an obsolete GDP analysis.
(news.financializer.com). As
reported in the news.
Tagged under market places, world economies topics.