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About Everything: The Global Economy Gears Down

Shortly before the Brexit vote, the International Monetary Fund (IMF) warned that a British exit could cut U.K. GDP growth by 0.8 to 3.0% in 2017. In the following year, 2018, it projected that Brexit would cut rest-of-EU GDP by 0.2 to 0.5% and rest-of-world GDP by 0.0 to 0.2%.
No news there: Few imagined that Brexit would be a stimulant. What’s less widely known is that the global economy was slowing down well before it entered the Brexit sand trap.
According to the IMF, GDP growth shrank from 5.0% in 2010 to 3.1% last year. The World Bank reports that global GDP growth fell from 3.8% in 2010 to 2.4% last year. The brief re-acceleration in 2014 kindled momentary optimism and then disappeared. Emerging markets and developing economies (EMDEs) have fared the worst, with growth sliding almost every year, while advanced economies have been zig-zagging well below 2% growth for years now. (The IMF and World Bank global growth rates don’t match due to the different ways they weight national GDPs...
(07-03-2016, 12:45 AM)Dan Wrote:
on same place:


Prev Close 126.47
High 128.42
Open 127.66
Low 127.44
52 Wk Low 100.23
52 Wk High 128.42  Big Grin
---Value Added Cool
(07-05-2016, 12:36 PM)X_4AD_84 Wrote: Broken record time ...

The type of growth seen during the second half of the 20th Century will never return.

Demographics will not allow it.

We have an aging, less fecund population globally. This is even true fully factoring in "those high breeding Muzlims." Even the Muslims are become less fecund with each passing generation.

The birth rate in Iran has dropped to just above the replacement rate of 2.1, IIRC, thanks to their very large population of educated women.

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