RICARDO SALLES – PÂNICO – 20/05/22

https://www.youtube.com/watch?v=bpC0NQIqvRw

It was estimated by the manager of the Citigroup that India’s economy will overtake that of China in the year 2010. Now according to the official financial status this forecast has become a fact. Many experts have presented that all these forecast is originated from the structural differences between Indian Economy and the China’s Economy.

To economists and the business-savvy elements of the public, the recent recession is history. But some who lost their jobs more than a year ago are still sitting at home – and getting paid to do so. In 25 states workers are able to collect unemployment benefits for 99 weeks, thanks to emergency measures enacted by Washington after the widespread layoffs and job losses in 2008 and 2009.

PriceWaterhouseCoopers (PwC) is an international accountancy and management consultancy that has published a series of reports about how the world might look, economically, in 2050. They make interesting reading. The world has a bright future but only if it avoids economic catastrophe brought on by climate change.

When I used to play basketball, I always wanted to arrive when the games started. It was when everyone was fresh. If you sat out a few games, you took the sidelines or just waited to form another team to return to the game. Things moved with or without you. The goal was not to lose, and if you did lose, you tried to play well enough so you didn’t get sidelined.

When it comes to economics and finances in general; a recession is almost immediately considered bad news. But what exactly is recession in its purest and truest essence? Well, technically speaking, it is a kind of contraction in terms of business cycles.