Do you feel that the global economy is declining?

[Abiky]

Personally I think the year 2024 may go through economic uncertainty. Currently, conflicts between different countries are increasing, and even wars are going on between some countries. But I think the biggest economic impact can be on the countries located in Europe. Due to the increase in oil prices due to the war in the Middle East, European countries are having to pay extra for their oil imports. In addition, the world's leading central banks have increased interest rates. The current situation will weaken the global economy, reduce inflation and increase unemployment.

With global conflicts, we can't expect things to get better anytime soon. I think the US is to blame for this. If it hadn't shown signs of weakness, Russia would've not invaded Ukraine nor Hamas would've attacked Israel. We are where we are because of the US' actions. At least, that's how I see it.

Now America must act to restore global peace before things spiral out of control. Would you imagine another conflict between two countries (China vs Taiwan) besides the ones taking place already? It will worsen inflation to a point where only the rich will be able to survive. It's a dark future out there, so we can only hope for the best.

[MissNonFall9]

A society cannot be judged by the information obtained from any one individual. Here it is completely impossible to assess the economic condition of the entire world based on one person's data. But it may be that the country where your friend lives may be a problem but I don't think it will have much effect on the world economy. But the whole world economy is very challenging to survive. Here the economy favors some countries and some individuals. The rich that is made is in the ongoing process and the poor remain poor.