GDP data for China, the U.S., and the other G7 countries for the year 2023 has now been published. This makes possible an accurate assessment of China’s, the U.S., and major economies performance—both in terms of China’s domestic goals and international comparisons. There are two key reasons this is important.
China’s economy is still far out growing the U.S. – contrary to Western media “fake news”
Tag: Eurozone
Xi meets Biden
US President Joe Biden and Chinese President Xi Jinping met yesterday during the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco.
Xi meets Biden
German economic slump will be worse than feared, warn economists
Country’s GDP set to fall as it struggles with the energy crisis supply chain disruption
German economic slump will be worse than feared, warn economists
Top US economist quits EU job after Macron speaks out
Fiona Scott Morton withdraws from candidacy after backlash to the appointment of a non-European.
Top US economist quits EU job after Macron speaks out
De-Dollarization Kicks Into High Gear
The US dollar is essential to US global power projection. But in 2022, the dollar share of reserve currencies slid 10 times faster than the average in the past two decades.
De-Dollarization Kicks Into High Gear
Related:
Powell Makes Unexpected Admissions During Prank Call With Fake Zelensky
Fed Chairman Jerome Powell made several bizarre, if not shocking, admissions during a prank call with two Russians posing as Ukrainian President Volodomyr Zelensky, where they discussed topics ranging from inflation, to the Russian central bank, to joking about having a ‘printing press’ in the basement and possibly setting up a federal reserve bank in Kiev.
Powell Makes Unexpected Admissions During Prank Call With Fake Zelensky
Central banks risk setting off a financial earthquake with constant rate rises, warns ex-IMF economist
“Liz Truss got the blame but the underlying cause was Jay Powell’s rate rises in the US, which has pushed up rates for everybody,” he says.
Risk Of Recession In U.S. Increasing, Finds Fed Research
Just over half of states in the U.S. are struggling with slowing economic activity, which could be a signal of a looming recession, according to new research from the St. Louis Federal Reserve Bank.
Risk Of Recession In U.S. Increasing, Finds Fed Research
The Long-Term Economic Implications of the Ukraine War
The human suffering in Ukraine is predicated on massive U.S. military aid, and is transforming an ailing country into a bankrupt failed state
The Long-Term Economic Implications of the Ukraine War
Ms. Cat’s Chronicles 
You must be logged in to post a comment.