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.

  • Excrubulent@slrpnk.net
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    11 months ago

    As the group that oversaw murderous neoliberal structural adjustment policies to impoverish whole regions of countries in order to funnel the looted wealth to their wealthy sponsors, they’re just afraid of losing their hegemony.

    Trade is fine, but I wouldn’t trust a damn thing any of these ghouls have to say about it.