A research study, suggests that 🇺🇸President Joe Biden and Democrats need to reframe the economic debate to address their vulnerability on economic issues. The study argues that instead of focusing on broad national economic trends, Democrats should emphasize tangible kitchen-table economic benefits, confront powerful special interests, and pledge to protect personal liberties and freedoms.
Democrats should shift the narrative from which party manages the overall economy better to which side can help families achieve a "better life."
Also, aid for Ukraine is postponed and decision will be made just next year.
Source
Democrats should shift the narrative from which party manages the overall economy better to which side can help families achieve a "better life."
Also, aid for Ukraine is postponed and decision will be made just next year.
Source
Today`s news:
🇬🇧UK Inflation rate MoM(month over month): -0.2%
🇬🇧UK Inflation rate YoY(year over year): 3.9%(less than expected)
🇬🇧UK Inflation rate MoM(month over month): -0.2%
🇬🇧UK Inflation rate YoY(year over year): 3.9%(less than expected)
In 2023, 🇨🇳China faced economic challenges, including a lackluster recovery, a real estate crisis, and geopolitical tensions with the West. Efforts to mend relations were made, and diplomatic initiatives showcased China's global role. The year saw leadership changes, with Xi Jinping consolidating power, and economic measures, including a focus on the electric vehicle market. China's prospects for 2024 remain uncertain, with analysts expecting a slowdown and emphasizing the need to navigate economic and geopolitical complexities.
The 🇺🇸US economy is showing signs of improvement, with predictions of a soft landing in the new year, backed by the Federal Reserve's interest rate policies. However, entrepreneurs should remain cautious as potential risks loom. These include the ongoing battle against inflation, the possibility of slowing economic growth due to elevated interest rates, challenges in obtaining credit, concerns about a commercial real estate crash, and the impact of geopolitical tensions with China. The post-pandemic economic landscape, coupled with uncertainties surrounding artificial intelligence and technological advancements, adds further complexity to the economic outlook.
Media as always: is good, but not good.
Media as always: is good, but not good.
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🇩🇪 One of Germany's largest steelworks closes down.
Workers see off the rolling of the last pipe. A solemn funeral...
Germany's industrial enterprise begins to collapse?
Workers see off the rolling of the last pipe. A solemn funeral...
Germany's industrial enterprise begins to collapse?
JUST IN:
🇺🇸 US national debt reaches new all-time high of $33.9 trillion.
🇺🇸 US national debt reaches new all-time high of $33.9 trillion.
🇨🇳China is experiencing deflation, with consumer prices dropping 0.5% below the previous year and factory gate prices down 3.0% over 12 months, indicating economic challenges such as oversupply, weak demand, and financial strain.
While external factors like the U.S. economic slowdown and European recession contribute to China's export decline, Beijing's failure to diversify its economy away from exports exacerbates the issue.
Additionally, the burden of bad debt, particularly in the real estate sector, has hampered domestic demand, leading to a decline in consumer confidence and spending. President Xi Jinping's criticism of private businesses and restrictive policies further hinders economic growth, making China vulnerable to global economic fluctuations. Achieving the 5% real growth target for 2023 and 2024 appears challenging, raising concerns about the accuracy of official statistics.
While external factors like the U.S. economic slowdown and European recession contribute to China's export decline, Beijing's failure to diversify its economy away from exports exacerbates the issue.
Additionally, the burden of bad debt, particularly in the real estate sector, has hampered domestic demand, leading to a decline in consumer confidence and spending. President Xi Jinping's criticism of private businesses and restrictive policies further hinders economic growth, making China vulnerable to global economic fluctuations. Achieving the 5% real growth target for 2023 and 2024 appears challenging, raising concerns about the accuracy of official statistics.