gemini104104
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Is this extreme warning among professional economists more relevant and important compared to a typical and un American tRump ass kisser who are all worthless parasites and a drain on the best interests of humanity? What is there to show for this un American tRump insurgency that was lawlessly hacked in there to be a curse on humanity, other than time to take out the garbage and try and get it right this time in compliance with the U.S. Constitutional law? This versus serving the interests of foreign and domestic enemies as to avoid an even greater curse that came with this fake president tRump and it's un American and crapped out insurgency from hell. Additionally, as a result of Russian sold out republicans manipulating the electoral college to vote for a known demagogue, bully and tyrant tRump in violation of U.S. Constitutional, it is the electoral college in particular, that should hold the blame for atrocities created by this lawlessly hacked in tRump insurgency. This atrocity and curse could have been avoided had the electoral college abided by U.S. Constitutional law instead of gutter law that also resulted in a curse of epic proportions and the coronavirus death of over 200,000 Americans, etc. Furthermore, considering this is a global economy, all nations are in this together as a result of this un American tRump atrocity and the impact it created on the global economy in particular. To overlook this fact in terms of a global economy at pretending that America is the only nation on Earth that has a problem as a result of this tRump atrocity, is not being professional, rational or informed:
More than 700 economists, including seven Nobel Prize winners, are urgently warning against the reelection of President Donald Trump, citing what they describe as a "sustained assault" on democracy, a fumbled response to the pandemic and the spread of "dangerous misinformation."
"In just one term in office, Donald Trump has rendered the United States unrecognizable, and has faced no consequences for doing so," the economists wrote in an open letter, which is being updated until the November 3 election.
The letter was signed by prominent economists from major institutions, including Nobel laureates Paul Milgrom (2020) and Oliver Hart (2016) and Alvin Roth (2012). George Akerlof, the Nobel winning husband of former Federal Reserve chief Janet Yellen, also signed the letter.
"For these reasons, we strongly recommend that the electorate do what no one else can: reclaim your democracy by voting to remove Donald Trump from office," the economists wrote."
https://edition.cnn.com/2020/10/22/...lFGc3mE5g1dBXfAcwfb0is5048p0_GklO54izBCuwxbWw
Also according to global trends aside from trying to make it appear that America has the problem only, The World Bank has something to say about that as the entire world is in this economic dilemma together as a dilemma that came with the lawlessly hacked in tRump curse.
COVID-19 to Plunge Global Economy into Worst Recession since World War II
The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged the global economy into a severe contraction. According to World Bank forecasts, the global economy will shrink by 5.2% this year.1 That would represent the deepest recession since the Second World War, with the largest fraction of economies experiencing declines in per capita output since 1870, the World Bank says in its June 2020 Global Economic Prospects.
Economic activity among advanced economies is anticipated to shrink 7% in 2020 as domestic demand and supply, trade, and finance have been severely disrupted. Emerging market and developing economies (EMDEs) are expected to shrink by 2.5% this year, their first contraction as a group in at least sixty years. Per capita incomes are expected to decline by 3.6%, which will tip millions of people into extreme poverty this year.
The blow is hitting hardest in countries where the pandemic has been the most severe and where there is heavy reliance on global trade, tourism, commodity exports, and external financing. While the magnitude of disruption will vary from region to region, all EMDEs have vulnerabilities that are magnified by external shocks. Moreover, interruptions in schooling and primary healthcare access are likely to have lasting impacts on human capital development."
https://www.worldbank.org/en/news/p...onomy-into-worst-recession-since-world-war-ii
More than 700 economists, including seven Nobel Prize winners, are urgently warning against the reelection of President Donald Trump, citing what they describe as a "sustained assault" on democracy, a fumbled response to the pandemic and the spread of "dangerous misinformation."
"In just one term in office, Donald Trump has rendered the United States unrecognizable, and has faced no consequences for doing so," the economists wrote in an open letter, which is being updated until the November 3 election.
The letter was signed by prominent economists from major institutions, including Nobel laureates Paul Milgrom (2020) and Oliver Hart (2016) and Alvin Roth (2012). George Akerlof, the Nobel winning husband of former Federal Reserve chief Janet Yellen, also signed the letter.
"For these reasons, we strongly recommend that the electorate do what no one else can: reclaim your democracy by voting to remove Donald Trump from office," the economists wrote."
https://edition.cnn.com/2020/10/22/...lFGc3mE5g1dBXfAcwfb0is5048p0_GklO54izBCuwxbWw
Also according to global trends aside from trying to make it appear that America has the problem only, The World Bank has something to say about that as the entire world is in this economic dilemma together as a dilemma that came with the lawlessly hacked in tRump curse.
COVID-19 to Plunge Global Economy into Worst Recession since World War II
The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged the global economy into a severe contraction. According to World Bank forecasts, the global economy will shrink by 5.2% this year.1 That would represent the deepest recession since the Second World War, with the largest fraction of economies experiencing declines in per capita output since 1870, the World Bank says in its June 2020 Global Economic Prospects.
Economic activity among advanced economies is anticipated to shrink 7% in 2020 as domestic demand and supply, trade, and finance have been severely disrupted. Emerging market and developing economies (EMDEs) are expected to shrink by 2.5% this year, their first contraction as a group in at least sixty years. Per capita incomes are expected to decline by 3.6%, which will tip millions of people into extreme poverty this year.
The blow is hitting hardest in countries where the pandemic has been the most severe and where there is heavy reliance on global trade, tourism, commodity exports, and external financing. While the magnitude of disruption will vary from region to region, all EMDEs have vulnerabilities that are magnified by external shocks. Moreover, interruptions in schooling and primary healthcare access are likely to have lasting impacts on human capital development."
https://www.worldbank.org/en/news/p...onomy-into-worst-recession-since-world-war-ii