Global neoliberal economic ideology promised an utopia of infinite growth, but utterly failed with 2008 recession, and the world has yet to fully recover, with conditions worsening.
We are already seeing ethnic tension around the globe arising from economic hardship. Are we heading toward a stagflation or Great Depression, like scenario in the 2030s?
Would such an event force a change in the global economic model? After 2008, the system remained unchanged. Can the world afford another disaster?
Is the world heading toward stagflation or a Great Depression in the 2030s?
byu/Excellent_Place4977 inAskEconomics
Posted by Excellent_Place4977