Topic: Good economic news from the US, EU and China! - page 2. (Read 273 times)

These two paragraphs carry two vital message that I carry from your information. My question is do we think covid-19 pandemic was the part of the major reason that the world economy is struggling and some countries are nearing recession or that the Russian Ukraine war is the major reason and in my own view I think covid-19 was the major cause because it caused or forced many countries to go out of production, it is global and its effects are so excruciating. The war in Ukraine is not directly affecting some continent like it happened with covid-19 , so it is a good news if China is now easing out covid-19 restrictive measures this can help full production to commence. One of the biggest obstacle to inflation to inflation is production.

As the market is still relatively weak we can't expect interest rates reducing any time soon. It's one of the only corks the economy coulf plug to avoid a collapse of fiat value..although the notion wouldn't be so farfetchrd if the growth and recovery carries on at least until Q2 of this year.

As for China's COVID situation, this has been a long time coming honestly. Nevermind that they're ground zero, the fact that it only took them now to finally lay fhe heavy hand a little lower is a bit hopeful yet disappointing at tbe same time. It took them countless protests and a what seemed to be impending dethronement of Xi Jinping to finally realize they have to listen to the people.

Anyways, you're right, 2023 is shining upon us, but let's not be ahead of ourselves, 11 months are still left and things may go south when we least expect it. Better be safe than sorry.

Regardless of the fact that it is still too early to predict what this year will be like in comparison to 2022 and a few years back, the news says that the beginning of this year is very optimistic considering that growth has been recorded on all world stock markets, and accordingly we can see that the price of Bitcoin has risen slightly after a long time.

First of all, encouragement came from the US, where all indices rose from 1% to 1.5%, while the news that the number of employees increased by 223 000 was positively echoed - and investors hope that the FED will still reduce interest rates, perhaps even this year.

Good news also comes from the EU, where the stock market indices rose between 3% and 6%, which can mostly be attributed to the data that the decline in production activity has very likely bottomed out and recovery is expected. A drop in inflation in the Eurozone was also recorded, and this could mean that the ECB will also be more lenient when it comes to raising interest rates.

There is also good news coming from China, where the restrictive COVID measures have been eased suddenly, which means that their economy could begin to grow rapidly with the news that the Chinese central bank is announcing support for the domestic economy.

Each piece of news may not mean much, but if we look at the bigger picture, the conditions are created for the world economy to begin to recover. Of course, this entire recovery is still in the shadow of the war in Ukraine, but somehow it seems to me that this war will end this year, either with the victory of Ukraine, which is getting stronger militarily every day, or with the withdrawal of Russia from the occupied territories.

Source (Translated)

Edited : Translated link fixed