Global Economic Data & News 02 (Nov 15 - Apr 22)

[behappyalways]

When the credit impulse is negative, expect that growth will cool down significantly in the next six to nine months afterwards.

Brace For 2022 As Global Credit Impulse Goes Negative
https://www.zerohedge.com/economics/glo ... s-negative

[winston]

World economy now set to surpass US$100 trillion in 2022

Global gross domestic product will be lifted by the continued recovery from the pandemic, although if inflation persists it may be hard for policy makers to avoid tipping their economies back into recession in 2023 or 2024.

China will overtake the U.S. in 2030, two years later than forecast a year ago.

India will regain sixth position from France next year and become third largest economy in 2031, a year later the previously predicted.

Germany will overtake the Japanese economy in 2033.

Climate change will lower consumer spending by US$2 trillion a year on average through 2036 as companies pass on the cost of decarbonizing investment.

Source: Bloomberg

https://www.theedgesingapore.com/news/g ... llion-2022

[behappyalways]

How Companies Are Overhauling Supply Chains to Ease Bottlenecks | WSJ
https://m.youtube.com/watch?v=k59VG4Vmfuk

[behappyalways]

Visualizing The $94 Trillion World Economy In One Chart
https://www.zerohedge.com/economics/vis ... -one-chart

[behappyalways]

消費者吃不到炸雞薯條 製造商等不到原料零件 TVBS文茜的世界財經周報 20220206 X 富蘭克林‧國民的基金
https://m.youtube.com/watch?v=6KV609tI8Es

[behappyalways]

World's Largest iPhone Assembler Says Congested Supply Chains Are About To Ease
https://www.zerohedge.com/markets/world ... about-ease

[winston]

Global Supply Chain Crisis Deteriorates During Lunar New Year, Beijing Winter Olympics

By Winnie Han and Ellen Wan

All ports in Shandong Province have been out of service since last mid-December, including Qingdao Customs, for a period of 2–3 months.

The price of eggs at Restaurant Depot, a wholesale warehouse, soared from $8 a box (180 eggs) a year ago to $27.39 a box at present, an increase of 242 percent.

The cost of shipping from China to the U.S. West Coast rose by 72 percent from spring 2020 to fall 2021, which indicates that container freight rates have increased by more than 50 percent of the long-term trend forecast.

More alarmingly, international freight rates for 40-foot containers rose nearly sevenfold from $1,400 in early 2020 to more than $11,000 last September.

Shipping freight accounts for about 90 percent of global cargo transportation.

Congestion at U.S. ports has not yet improved. A total of 201 container ships were waiting in line outside the ports of Los Angeles and Long Beach, the two busiest ports in the U.S., on Feb. 19 local time, and another 152 were about to dock.

Source: Epoch Times

https://www.theepochtimes.com/global-su ... a91ICX0%3D

[behappyalways]

Germany's Spiegel Asks "Is Vladimir Putin Right?" Over NATO Expansion
https://www.zerohedge.com/geopolitical/ ... -expansion

[behappyalways]

戰爭+制裁 糧食能源價飆漲.觀光減 全球皆苦｜方念華｜FOCUS全球新聞 20220304
https://m.youtube.com/watch?v=GXJYN0sqtuI

[behappyalways]

普丁誤判入侵烏克蘭 專家憂歷史正走向野蠻 TVBS文茜的世界周報 20220306 X 富蘭克林‧國民的基金
https://m.youtube.com/watch?v=x_BUzJ8umwM&t=16s