
The outlook for 2024 is pessimistic because trade issues are now geopolitical, rather than purely market-driven. — Reuters
THE year 2023 will be remembered as a tipping point when almost all mega-trends of finance, technology, trade, geopolitics, war and climate heating showed signs of acceleration in speed, scale and scope.
You can call this a state of permacrises, a series of cascading shocks that seem to be building up to a bigger shock sometime in the future.
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