Now and Again

The stock market could crash. Protectionist trade policies might backfire leading to job losses. Or housing booms in some countries could go bust.

The Organization for Economic Cooperation and Development looked into its crystal ball Tuesday, and warned that while the global economy is slowly improving now, these are some of the shocks that could derail the still-fragile recovery in the not-too-distant future.

Rising protectionism could hurt jobs. Source, Annalyn Kutz, 03/07/2017, Fortune…

 

‘Global economy is slowly improving’, that is not what I saw when I last looked into my personal crystal ball, with the election of Donald Trump in the U.S., along with his ‘make America great, again’ movement, I see only isolationism, that has been aided by Brexit in the U.K and the upcoming elections in France, Germany and the Netherlands, spear heading the end of the European Union, with even more isolationism, an economic isolation of the European global economies, spreading deep into Asia, then on to the Baltic states, Central and South America. As far as I can tell it’s the global economies, trade in the global economies that have kept the world free from a shotgun war, covering a wide range of hit and miss effectiveness, a war, nevertheless, disrupting international trade and common ground talks and interests. A country hiding, hidden behind its walls, protecting its borders from others will soon wither, becoming dry and sapless, losing its vitality because of a lack of stimulation from an outside source, in short the end of ends will assuredly be the result…so bye-bye, good luck and farewell, it’s been fun, but it could have been so much better, with the inclusion of the whole world as partners in prosperity in human kind…