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


Japan’s Service Sector Sustains Growth Momentum in November
IMF Deputy Dan Katz Visits China as Key Economic Review Nears
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows
RBA Signals Possible Rate Implications as Inflation Proves More Persistent
Trump and Lula Discuss Trade, Sanctions, and Security in “Productive” Phone Call
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes
FxWirePro: Daily Commodity Tracker - 21st March, 2022
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut
Oil Prices Slip as Russia-Ukraine Peace Hopes Fade and Oversupply Fears Grow




