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  • The world is at a point of significant economic danger, say experts

    From weforum.org

    The outlook for the global economy has “darkened” and the world is at a point of “significant economic danger”, according to the World Economic Forum’s Chief Economists Outlook survey. The survey report cites a World Bank prediction that 2022 will be one of the worst years for global poverty since the turn of the century - second only to 2020, which was spent in the grip of the coronavirus pandemic. COVID-19 continues to impact economies’ growth and the war in Ukraine is causing significant global economic disruption, fuelling stubbornly high inflation. Fears of a global recession grow Expectations for ... (full story)

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  • Comment #1
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  • Sep 29, 2022 2:22am Sep 29, 2022 2:22am
  •  Guest
  • | IP XXXX:d50e:7894
"The survey report cites a World Bank prediction that 2022 will be one of the worst years for global poverty since the turn of the century." <-- So it is going according to WEF's plans then.
 
2
  • Comment #2
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  • Edited 4:31am Sep 29, 2022 3:40am | Edited 4:31am
  •  nbfx
  • | Joined Oct 2010 | Status: Member | 1480 Comments | Online Now
Watching the world's economies is like watching one of those slow motion replays of test crashes they do to test how safe cars are. And we're the crash test dummies!

We already know what will happen, we just don't know what the damage will be. Either way the car and the dummies don't fare well!
 
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  • Comment #3
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  • Sep 29, 2022 7:11am Sep 29, 2022 7:11am
  •  foto
  • Joined Jan 2007 | Status: Member | 2514 Comments
Obviously WEF has not consulted with the Leader of the free World, that man placed in charge of the Arsenal of Democracy, to hear his thoughts upon policy direction.
The man whom 'Hail to the chief" is played at his mere appearance.
Was that him recently spotted getting directions to leave a podium by his wife Jill?
Why yes it was.
WEF should therefore ask Jill when to have access to Joe.
Am sure if they did that every little thing is gonna just be alright.
 
 
  • Comment #4
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  • Sep 29, 2022 8:04am Sep 29, 2022 8:04am
  •  millersir
  • | Joined Sep 2022 | Status: Junior Member | 5 Comments
Unpopular opinion: There is no such thing as an expert. They can't predict the weather, they can't pick the right sports team, they can't accurately project financials, they can't cure your ailments. Their power is in your belief in them.

Have a good day.
 
3
  • Comment #5
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  • Sep 29, 2022 10:29am Sep 29, 2022 10:29am
  •  Wouldchuk
  • | Joined May 2016 | Status: Member | 20 Comments
Yes millersir "the best" politicians determine which direction the parade is going and then run up front and claim they are leading.
 
 
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  • Posted: Sep 29, 2022 1:22am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 5  /  Views: 3,523
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