This chart probably explains, why socialism is on the rise all across the world, along with the right-wing nationalists. Once is challenging the order od the corporates, while the other is challenging globalism.
The biggest setback of the last recovery has been the shift of wealth from poorer to the richer. The rich became richer and the poor became poorer.
The world is rapidly unveiling a new chapter in history when globalization is being challenged to its core.
Chart courtesy - World Economic Forum


Gold Prices Rise as Weaker Dollar and U.S.-Iran Peace Hopes Boost Demand
Asian Currencies Slip as US Dollar Gains on Rising Iran Tensions and Awaited Jobs Data
S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence
Iran-U.S. Peace Deal Near as Oil Prices Fall and Nuclear Disputes Persist
Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Ceasefire Uncertainty
U.S.-China Beef Trade Deal Hopes Rise Ahead of Trump-Xi Summit
China Export Growth Surges in April as Global Buyers Rush to Secure Supplies
US Trade Court Blocks Trump’s 10% Global Tariffs
Dollar Weakens as Iran Peace Hopes Boost Risk Appetite and Yen Gains Strength
US-Iran Ceasefire Under Pressure as Fresh Strait of Hormuz Clashes Shake Oil Markets
Wall Street Futures Slip After Record Rally Fueled by Iran Peace Hopes and AMD Surge
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed




