World Bank predicts worst decade for global growth since 60s

https://www.bbc.com/news/articles/cg4v9nr23r7o

by geox • 1 year ago

6 3 1 year ago

nabla9• 1 year ago

The World Bank downgraded its growth forecast for the US in both 2025 and 2026, because of escalating trade tensions rattling investor confidence as well as private consumption.

US economic growth forecast halves compared to last year. Growth would be just 1.4 percent this year, down from 2.8 percent last year. Only 60% of the global growth.

vouaobrasil• 1 year ago

Well, at some point we will need to restructure society and start looking at sustainability at a stable point rather than growth, because we are putting a lot of pressure on the natural environment with all this growth. We can do it now when we have some breathing room or later when we're forced by nature. I think a reduction in growth is a good thing.

mdotk• 1 year ago

You wouldn't know it looking at stock market indexes

World Bank predicts worst decade for global growth since 60s

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