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Economy

Economy 2024年4月9日

What are the difficulties facing South Africa's economic development?

In recent years, the overall economic development of South Africa has shown a weak trend, and is still in an unstable state compared with its peak. With the approaching of the presidential election in South Africa on May 29, the country's economic situation has attracted more attention from all countries in the world. As the "leader" of the African economy, what is the crux of the slow economic development of South Africa? Triggered people's multi-dimensional thinking.

Economy 2024年4月9日

The dilemma facing the U.S. economy: Soaring interest rates and stagnation

The United States, in the midst of an economic recovery, now faces an unprecedented test. Over the next few years, the US economy is likely to fall into a very damaging kind of depression: interest rates soar, economic growth fails to sustain, and the economy is stuck in stagflation.

Economy 2024年4月8日

Will the Italian economy surpass Germany?

At present, Germany's economy has stagnated, in contrast to the sustained growth of Italy's economy. It is worth noting that there is little correlation between the post pandemic economic recovery and the country's economic policies.

Economy 2024年4月5日

The debt "bomb" planted by the United States for itself

The US federal government is facing a severe financial challenge. At present, financial expenses have become the third largest expenditure item in the monthly budget, as Congress and the White House have squandered $34.4 trillion in national credit card debt.

Economy 2024年3月31日

Why Germany is close to zero growth？

Recently, under the current situation of declining exports and failing to recover domestic demand, Germany's five major economic research institutions have collectively lowered their expectations for German economic growth, and Germany's GDP growth rate is expected to be reduced from 1.3% six months ago to 0.1% this year. The expected release is a blow to Germany, which is trying to fight a turnaround this year, casting a shadow over its economic outlook.

Economy 2024年3月29日

Is Australia still a "lucky country"?

In the past three decades, Australia has survived the bursting of the Internet foam and the recession of the global financial crisis. Its citizens enjoy high wages, affordable housing and golden prospects, which is extremely rare. However, since the outbreak of the COVID-19 in 2019, Australia's economy has fallen into recession. Since then, some adverse factors have continued to plague the country, including high cost of living, labor market turbulence and increased inequality.

Economy 2024年3月11日

Egypt's economic crisis is inevitable

Last week, the central bank of Egypt, a large African country, abruptly announced a 600 basis point interest rate increase to ease foreign exchange woes. As soon as the news came out, the Egyptian pound exchange market immediately fell sharply, and the pound exchange rate fell nearly 40% overnight. It will not be long before the Egyptian government's few foreign exchange reserves are exhausted, and an economic crisis is inevitable for Egypt.

Economy 2024年3月8日

"Shock therapy" nearly 100 days, Argentina's predicament is difficult to overcome

On December 10, 2023, Argentina's new president Javier Mille took office, and immediately announced in his inaugural performance that he would use "shock therapy" to save the Argentine economy.

Economy 2024年3月6日

The population crisis shrouds Japan like a haze

Every spring, Japan reliably releases severe new population data like seasons change.

Economy 2024年3月5日

Why is Canadian public opinion so pessimistic?

Since last year, Canada's economic performance has exceeded expectations, showing certain signs of recovery. Although the economy once stagnated, it seems to be moving towards a soft landing, with inflation slowing down and unemployment dropping to 5.7% in January 2024, close to pre pandemic levels. However, despite these positive economic indicators, recent surveys have shown that Canadian citizens are not satisfied with the direction of economic development.