Can the world recover from the worst economic slump since WWII? | Counting the Cost

2020 will not be a year many look back on with fondness. Hundreds of millions of people lost their jobs, many millions more succumbed to poverty and more than 1.8 million people died in the pandemic.

The global economy contracted more than at any time since World War II. After a 4.4 percent contraction, the IMF is predicting growth of 5.2 percent this year.

Sami Zeidan is joined by MacroHive CEO Bilal Hafeez, Fidelity International Investment Director Catherine Yeung and UBS Global Wealth Management Chief Economist Paul Donovan to discuss what we can expect from 2021.

[MrDXRamirez]

Should do an edition on labor in crisis, unemployment and stagnation.

[manithangavalu]

Maybe Jeff bezos, could donate some of his wealth in boosting the economy.

[psikeyhackr]

GDP is Grossly Distorted Propaganda
What is NET Domestic Product?
The economics profession has been ignoring planned obsolescence and the depreciation of Durable Consumer Goods since Sputnik.
Notice that even though double-entry accounting was invented in Italy 700 years ago Western countries do not make double-entry accounting mandatory in the schools.

[MultiYrrab]

China Economy booming while the rest of the world is struggling, strange ?

[jules-bzvc]

Wouldn't place any bets based on Mr Azis predictions. He said there wouldn't be inflation!

[kenrose]

This time, maybe the people should abandon the ship (the American dollar), and leave it to the rats and mice...

[garaldtao]

New Zealand not authoritarian...!?! Give me your guns and I am not asking!