A global recession was widely predicted in 2023, but major economies held firm, raising interest rates to control inflation.
The United States’ economy expanded by 5.2 percent in the third quarter, the quickest pace in nearly two years.
Food and fuel prices have come down. But inflation and high interest rates remain a major issue in many parts of the world.
Meanwhile, China is grappling with deflation as prices continue to fall. How will slowing growth and demand there affect the rest of the world?
We look at what lies ahead for the global economy in 2024.
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Allah long life Palestine
If everyone gave $1 it could create the Singapore of the Mediterranean where the Abraham Accord could not.
@@leonie563Sorry I’ve got problems of my own.
Nobody believes me when I say it. America’s plan is to step away from the world.
With *so many U.S. military bases* littering the world, I don’t believe you either. 😁
🇵🇸 🤜🏾 🇮🇱 🇺🇸 🇬🇧 🇮🇳 🇫🇷
May Allah make Netanyahu and his frnd party beggers ameen😏
Alah is a paedophile
VERY insightful discussion !!!
I don’t recall the United States officially calling for a *”decoupling from China,”* even if *its actions* speak otherwise. I do, however, remember the United States edging the Europeans and its allies in the Pacific to distance themselves from China as much as possible, but the Europeans seemingly resisted the move. Instead, on their way to China, Von der Leyen and Macron publically announced that Europe doesn’t want to “decouple” from China but to *”de-risk”* its relationship with China. Soon after that public proclamation, U.S. officials publically followed suit about “de-risking” rather than “decoupling” _its_ relationship with China. 💡
The outlook for the economy in 2024 is weak but hopefully not too bad
It’s only getting worse from here for everyone. Global collapse has begun
00:06 Global economy outlook for 2024 with focus on trade, debt, inflation, and interest rates
02:32 Global economy in 2024 faces uncertainties due to US-China trade tensions and geopolitical conflicts
05:00 Fiscal stimulus in the US and China for infrastructure development and technology sectors
07:19 India emerging as a counterweight to China
09:26 Germany’s manufacturing industry faces challenges due to the lack of cheap energy supply from Russia.
11:41 The Chinese real estate crisis and its impact on the global economy
14:02 Saudi and UAE focusing on infrastructure investment and diversification
16:30 China’s expanding technological partnerships with Middle Eastern states
18:34 Global oil demand being weighed down by growing property sector and economic woes
20:31 Lower oil prices will benefit countries facing debt issues and boost global demand.
22:41 Shipping costs impacted by Red Sea attacks
24:35 Show ending with contact information
You Can’t Judge A Video By Its Cover. you can by its first few chapters and certainly by its last.
Guests commentators were very good for a change. Lady was the most insightful, knowledgeable & nuanced 👏🏾. Free Palestine 🇵🇸.
I am in China currently enjoying the low price very much, comparing with other high inflation places, i feel very proud & happy, why pursuing the higher CPI?
Pride before the fall
@@firstlast8258 keep sucking on Gordon Chang’s.
@@firstlast8258what fall? Prices have been falling already
@Jkl62200 the numbers don’t lie but liars use numbers 🤓 🖕
@@firstlast8258 dude. If you have something to say, do so.
ANY ESCALATIONS IN GAZA WAR MAY CAUSE DAMAGES IN THE WHOLE WORLD ECONOMY
SAID ECONOMISTS .
I notice COP28 is having absolutely no influence on oil production. Who’d have thought? lol
China’s window of opportunity is closing real fast. India will, naturally, occupy it’s place as the Hegemon’s opposite.
Economic investigator Frank G Melbourne Australia is still following this very informative content cheers Frank 😊
Hey Frank, good to see you here mate.
A collapse of the property market will have major impact 2024
“Cant. Know” ** that uneducated sloppy language from a so called highly educated $$$$ man).. sign of trouble. Headed for a great depression no food no cars no jobs homes healthcare. Nothing for for top “”””technofudalism “””
1. You are incorrect. You are adding the e lites robbery of the people $$ we were robbed Homes farms stolen ppl dumped in streets..we have a
Increase in living costs. G d p includes the c orp earnings. . Misunderstanding this gives you the wrong outlook
.2. We are losing many youth deaths or.. many are very ill.. ppl are finding themselves with diseases .disability line is long record highs med prohibition denying them to help is causing the explosion of illegal d rugs. Our own gov is giving chems to bad guys poisoned pll turning ppl into zombies . Who knew how much they want us gone.
Zero c limate c hange – its the biggest t ranfer of $$$ ever in history. S cam: to part nation’s from the treasuraries to push All into the di gital e nslavement of ppl go along with them or lose everything. Un person lose home farms b ank accts F a csist n atzis.
A invisible leash .2 nd war type but in modern age.
Western nations will be seeing lose in work and more h omelessness..tech is causing more problems no work because no one is working on building to improve our infrastructure no new roads, manufacturing just w ars. Evs don’t work limited mineral replacement cost to much don’t make it threw hail storms or extreme weather. Controlling the weather should be stopped. China should not be trying to drill all the way through the mantle it could cause catastrophic damage let out gases at high rates that end humans all animals will suffocate. Or a event of cracking the fault lines further..
Did anyone concern themselves with all the radiation exposure that we are subjected to? Does anyone know what gases are in the mantle NO because no one has ever been thoughtless enough to do..playing God is a very bad idea..like the medicine failed unless they are depop ppl..they should not be allowed to replace the meds with the same tech meds.. stop and think. Sea life is ending up on beaches dying. Whales dolphins seals all found dying Philippines beaches found so cover in herrring you couldn’t see sand. Ev’s are exploding out of control to heavy they cause more harm in accidents. They are charged by gas . Coat more to fix cuz batteries have to be replaced sooner coat as much as new ones who in their right mind would ever agree. Watch planet of humans a doc that shows the stupidity of climate c on. Its dirtier than the other we don’t have a endless supply of the minerals to make them. Scientists have been saying we are going to be going through a greener period..regreening means more food. So depop is the exact opposite of what they should be doing..stop and think….
Don’t burn down the house and then think about shelther..they are basically decoupling without replacing what we get from them. Noooo just light the match..no common sense.
Please explain why you would build a entire city in the desert if you are planning on eliminating us. It seems a waste of money. We cannot come if we are dead..or turned into slaves. In the technofudalism. F a csist nation’s.
very interesting!
Western commentators predicting negative outlook for Chinese economy. What else is new? 🙄
What happenned to the unexpected growth in the American economy (real or imagined) is simple: two little raging wars & the US providing the WMD to both. Funny how that works.
STOP THE PALESTINIAN HOLOCAUST!
It’s coming soon don’t worry.
It’s always come. In time. No great insight there.
In comes the dark horse of the Apocalypse: the fast increasing inequality world wide. It will eventually cause riots and revolutions.
Nation state governments are just one big vacuum cleaner. Suck the wealth out of everyone. Not a good system design if it’s supported solely by theft.
Not to mention War = Profit!! 60% of the budget to Ukraine goes directly to the US Military companies so that billions put back into the economy!! Why does no one ever mention weapons??
The economy is dying people are struggling. Why are they lying on the news? Food prices haven’t went down in America. Gas is still kinda high still around three.
an english man as a host on supposedly Arabic channel tells you all you need to know.
Please elaborate or you holding prejudice views
Omg. America is sky high. Who is this guy? Basic stuff still low like gas, milk, bread, eggs, but the buck stops there.
How to fix an economy when the output is too low, unemployment and inflation very high
The US exports inflation and China exports Deflation, in other words the US “helps” to increasing the price of everything and China helps decrease the price of everything, thats the difference the west saying 2% inflation is “good” and China sees 0% inflation good
Looking to me like a lot of unemployment and bread lines
Things take longer to happen than overnight. At some stage the rate rises will catch up with the economy and we will get the recession. Rate cuts in 24 will lead to job losses as demand slows. I still think we may have 12 to 18 months before it hits the fan.
In fact, no one knows whether the Israeli, Ukrainian, American and European maniacs will be able to start the world war they want. But economists and experts need to pretend that the world is not about to jump into the abyss. Not to mention climate change, which tends to accelerate and cause more and more catastrophic damage in 2024.
increase the use of AI and robotics to do all the labour, commence a UBI and then slowly do away with the need for money altogether. A Star Trek future, yeh! only the rich and powerful would think this is a bad idea.
Those who are paid by the tax payer have noting to lose and are safe of.
The system trying to protect itself woth all cost!!
I didn’t see a drop of energy, food prices when I shop. Where is the deflation in America. Just lies reported by the CCP controlled media.
Delink our economy from that godless, totalitarian, Facist economy of China.
He brings up a great point. India is responsible for the extrajudicial murder of Sikhs in America and Canada. It needs to stay within its boundaries and be careful what it does. It’s only a democracy on paper but in reality an oppressive narrow-minded country. 💯
The modi bjp party in India is racist oppressive and authoritarian and has fake media. They all should be banned from foreign affairs
India is responsible for murdering Sikhs in foreign countries. They have no right to extrajudicial killings
Humanity is a disaster! Everything they are involved with is nothing but lies and corruption!
Super interesting : Thank you
great session!
Ahmed is more a geopolitics guy than an economy guy.. Good comments from all there.
Perhaps, but consider the outsized role that geopolitics is playing in the global supply chain reset.
Investment capital appears to be re-examining where to invest in production based on both geopolitical risk calculations & increasing protectionist sentiments in many major trading countries. None want their capital investments stranded behind what could become future enemy lines or tariff laden zones.
The fossil fuel market risk scenario that could go to $150 per bbl if the Israeli/Palestinian Conflict were to escalate into a regional conflict shows just how quickly a geopolitical conflict could impact the entire global economy. Very sobering!
I’m no expert but this seemed like a very intelligent assessment & forecast to me.
I’m so happy I made the best decisions by having a good investment, Recently I’m able to acquire my third house even as a single mom at 42 and I believe if things keep going well I would retire early.
Are you sure you are a single moom😂?
I enjoyed this content so much. I recently had a conversation like this with a friend and I told him to try and diversify hit flow and not have the money sitting down. He was considering real estate as the example Grant mentioned but I told him to try out the financial market. Stocks like Nvidia, Apple, and some EV stocks were good picks especially on the long run. Who trades the financial market?
Israel’s war on Gaza? How about Hamas’ Pearl Harbor attack on Israel? Your tribe of useful idiot tools of the communist-globalist NWO agenda are just as stupid NPC sock puppets as every other part of the world. Don’t you see that you are being played for fools by the WEF global elite’s hive mind agenda?
My prediction for 2024 is 50 degree Centigrade summers, first in the global south in January and February, followed by the global north in June and July.
This is true and scary!
To little emphases on Brics. It is going to hit so hard on the petrodollar that the dollar is going so shout for servival. Change in reserve currency is imminent.
प्रिय Priyanka गुप्ता you should quit job in al jazeera as they are anti india anti hummanity qatar is imprison our brave navay soilders
India is fastest growing major economy at over 7% and soon be 3rd largest economy in 2024
I think The World Trade Organisation is and has always been a hypocritical entity in need massive reform. All Western democracy’s flout the rules of ‘Free Trade’, The rules act like Spiders Webs… catching the weaker nations while allowing the stronger to pass. There never has been nor will be ‘Free Trade’.
My point is these unprecedented infrastructure Acts passed by our richest nations are illegal under all existing International Trade agreements.
Funny how Africa is never mentioned, whereas these so-called BIG economy countries take so much from Africa to make their economy grow!!
I’m favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
I don’t know about you but food costs is higher than ever.
Automotive and GTA.
One gasoline type per type of vehicle and the gas stations are very , very large. Unified globe means standardized prices. Education means escalation and acceleration towards better life. You want to bicker and haggle at the gasoline station? Radio waves and your phone. Gasoline Station attendants and your body. Larger gasoline stations make alot of sense.
Under the GTA. Oil Unification (by itself) takes almost twenty years before completion.
Only climate rules our daily lives and our decisions. The way it is changing it will have very adverse effects especially on agriculture and trade.
After many months Al jajira not discussing about Muslim mulsim😂😂😂
China lobbyist just trying to cover up Chinese adventures
The Chinese economy will pick up speed… it’s not even funny anymore I mean… before, when somebody said that everybody was giggling (internally) but not anymore. The CCP economy is so bad it’s beyond repair like ever…
💯
Personally, I think investors will start to seek more market diversification. can i confidently invest about $3m into the financial markets in 2024? I’m still not sure how rates will effect the market just yet, which worries me a lot.
I think investors who are wary of changing market trends should seek out bear mkt directions from certified strategists/planners. Safer that way>
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.
Being heavily liquid, I’d rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?
Nicole Desiree Simon is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
A great depression as China goes to war.
Let me consult my magic 8 ball. Probably will be just as useful lol
ขอขอบคุณมากนะค่ะที่สื่อสิ่งนี้ให้ได้รับรู้เป็นเรื่องที่น่ารับฟังมากๆเพราะทำให้เข้าใจเรื่องโลกกว้างว่าด้วยควาเป็นอยู่ของมนุษย์ชาติสำคัญก็ขอให้ไม่ต้องอดอยากกันขอให้ได้ปัจจัยที่จำเป็นที่ปลอดภัยปัจจำเป็นคือาหารและน้ำที่พอทำให้มีสภาพร่างกายดีด้วยอาหารและเครื่องดื่มที่สะอาดเป็นสิ่งจำเป็นสำหรับคนทั่วโลกขอให้ใช้พื้นที่โลกให้คุ้มค่ากันค่ะช่วยกันดูแลเรื่องอาหารการกินที่ปลอดภัยให้ตนได้กินได้ดื่มทุกอย่างจะรอดได้ด้วยกันเน้นเรื่องปัจจัยจำเป็นที่สุดเพื่อชีวิตก่อนคืออาหารและเครื่องดื่มที่สะอาดปลอดภัยเพื่อลดการเจ็บป่วย คนเจ็บป่วยเพราะระบบการใช้ชีวิตที่ขาดแคลนความสมบูรณ์นั้นเป็นปัญหาใหญ่คนโลกที่มีกินและมีวิธีทำกินด้วยตัวเองจะช่วยทำให้ได้สุขภาพดีขึ้นช่วยส่งเสริมให้คนหมั่นใส่ใจดูแลตนเองให้เป็นเป็นการลดทุกภาระต่อโลกกว้างได้ค่ะ จนแต่ทีที่ปลูกพืชที่มีประโยชน์ที่ดีต่อสุขภาพตรงนี้ถือว่าไม่แย่เลยช่วยกันลองมองโลกให้กว้างจริงๆอย่าหดหู่เลยค่ะคนเมืองกับคนบ้านนอกคิดต่างกันก็จริงแต่โลกยังกว้างพอสำหรับทุกชีวิตค่ะขอให้เลือกเรียนรู้ที่จะสนุกพึ่งพาตนเองให้เป็นเพราะคนรู้วิธีพึ่งพาตนเองได้ดีนั้นจะเป็นดารได้ช่วยโลกกว้างไปในตัวเพราะจะไม่กล้าทำตัวเป็นปัญหาและเป็นภาระที่เป็นห่วงโซ่เครื่องเสื่อมเสียจะลดลงทันทีถ้าคนทั่วเลือกมองโลกที่ถูกต้องตามหลักสากลอันสมบูรณ์สมควรด้วยกันสิ่งจำเป็นที่สุดเพื่อชีวิตคืออะไรต้องรีบนำมาเป็นหน้าที่ประจำให้เป็นให้ได้เพื่อลดความเป็นภาระเเละปัญหาให้กับโลกค่ะขอบคุณค่ะ
When someone describe Nijjar as a “Sikh Activist” – right then and there they loose all credibility of being rational in their world view.
Europe is fukked.
They are being bankrupted by America and Europe is going along with it.
China is transitioning their economy.
Prof. Michael Hudson will tell you the real economics.
These clowns are dummies.
I noticed that climate changing to be created biggest threat to human being and all to be made challenge to ahead on food in security…..