The solution to the below article is simple but forbidden to talk about because it tells billionaires how to invest money. As the world economy suffers record numbers of billionaires are appearing. Simple solution either money is invested in jobs producing businesses or it is luxury taxed for not working. Put money to work.
"The World Economy Just Can’t Escape Its Low-Growth, Low-Inflation Rut
Just when we thought we were out, global deflationary forces have pulled us back in.
By Neil Irwin
"There are more billionaires than ever and they are richer than ever too. That's according to Forbes' annual ranking of the world's billionaires, published Tuesday.
There are a record 2,208 billionaires in the world, up from 2,043 in 2017, according to Forbes. And the average wealth of the billionaires is $4.1 billion, a record high."
Chet, the world economy always did have an delicate balance, if an "block" like China, the EU, or the US, "meddles" in it, it always has consequences. The World Economic Forem in Davos discussed this. Thank "god" Trump was not there.
The guilty one is the US; Trump started the "tariff" wars and threw everything out of balance. Since we have an delicate international balance, then be very careful not to disturb it, but our "bully" does not care; neither his butt crawlers.
It is time we get some "competent" leaders in this country.