The world was predicted an economic collapse. Russia is nothing
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The world was predicted an economic collapse. Russia is nothing
The world was predicted an economic collapse. Russia is nothing
The world was predicted an economic collapse. Russia is nothing
There has never been such a long list of economic neuro-orders, the author of the SCMP article claims. The world tends to blame all of Russia and its special operation in Ukraine… | 04/27/2022, InoSMI
2022-04-27T00:50
2022-04-27T00:50
2022-04-27T00:50
South China Morning Post
economy
Russia
Ukraine
a crisis
west
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“We have hidden and obscured systemic problems for too long, seeing how one crisis flows into others, and the acceptable conditions for accumulating debt, sky-high addiction and much more. all crises. But this year we have witnessed the “globalization” of such crises, while the world is only at the very beginning of this drama. budget crisis. We are in for supply shocks and the likelihood of crisis flows, sanctions wars and general economic downturns. We are also facing a pandemic and the threat of climate change. The list of troubles and problems is extensive and disappointing. As noted at the Spring Conclusion, IMF presumptive chief economist Pierre-Olivier Gourinchas, an outcome with a pandemic justification for the crisis and an outcome argument will be placed under the protection of wealthy generations of societal and societal achievement. According to Gurinshi, these changes “pose a serious challenge to the rules-based system, which is based on the international and economic relations of the past 75 years.” Yes, Russia launched a military sting operation in Ukraine, but inflation cannot really be blamed, as many do. Many central banks, such as the Federal Reserve, had by then taken steps to tighten monetary policy. high level over the past 40 years, and this happened in a context of high demand for the power of demand in the labor market.” Inflation, as Gurinsha noted, is “a clear and immediate danger.” According to Tobias Adrian, director of the IMF’s Monetary and Capital Markets Department, (Tobias Adrian), this is “the most important challenge of our time.” Inflation did not come out of nowhere, Central Banks, Tobias said, must “aggressively raise interest rates to get inflation back on target.” the tightening of monetary policy gives rise to demands to switch to fiscal stimulus, and at the most important moment, when the increase in interest rates raises the cost of servicing loans and is engaged in. Victor Gaspar) said it very well: “Since monetary policy is aimed at countering inflation, fiscal policy should aim to provide an acceptable level of protection.to the question of (fast about the growing) international security risk, IMF Economists note: “Global private sector debt increased by 13 percent in 2020 relative to global GDP. usually before COVID-19. But in the first year of the pandemic, total debt (including private growth debt) increased by 28 percent percentage points and increased by 256 percent of Germany’s GDP. This is the largest annual increase on record. More than half of the growth came from the public sector. As it arises, it should be clear. Debt Growth amid low interest rates. They, in turn, sank due to the unprecedented justification of monetary policy, succeeded in the wake of the 2008 financial crisis. This chain continues and will continue. Government’s Adrian: “In order for inflation to return to the target, interest rates are raising levels above the level that currently exists in world markets.” economic growth,” he said. However, the sudden reassessment of risks […] The military conflict in Ukraine has become an addition to those supply disruptions in recent years in recent years, the negative impact on the global economy. . “The effect of the occurrence of a seismic wave will spread far and expand through commodity markets, trade and financial ties,” the IMF is implementing.
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