this post was submitted on 11 Dec 2023
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submitted 11 months ago* (last edited 11 months ago) by HowRu68 to c/world
 

Title is unfortunate, a bit sensationalist. It’s about the decline of the world's GDP due to Geopolitical tensions.

"However, depending on economies’ ability to adjust to the new divisions in world trade, losses could reach as much as 7% of world GDP. The fragmentation of foreign direct investment into two blocs centred around the US and China – with some countries remaining non-aligned – could also result in long-term global losses of about 2% of GDP.

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[–] BaronDoggystyleVonWoof 1 points 11 months ago (1 children)

For fucks sake. This is the worst time for this shit since climate change needs our full attention.

[–] YoBuckStopsHere 5 points 11 months ago

That battle was lost decades ago. We must focus on repair.