G7 countries debt-to-GDP ratios in 2024:
United States: 123%
United Kingdom: 104%
Italy: 139%
France: 112%
Japan: 255%
Germany: 64%
Canada: 105%
⚠️GLOBAL ECONOMY IS DRIVEN BY A MASSIVE DEBT BUBBLE⚠️
G7 countries debt-to-GDP ratios in 2024:
United States: 123%
United Kingdom: 104%
Italy: 139%
France: 112%
Japan: 255%
Germany: 64%
Canada: 105%What is the long-term solution here? pic.twitter.com/sgA2qMfR4A
— Global Markets Investor (@GlobalMktObserv) October 2, 2024
⚠️THE EURO AREA ECONOMY FELL INTO CONTRACTION IN SEPTEMBER⚠️
The HCOB Eurozone Composite PMI Output Index fell to 49.6 points in Sep from 51.0 in Aug hitting a 7-MONTH LOW.
Germany, France and Italy recorded contractions simultaneously for the 1st time in 2024.
Worth watching. pic.twitter.com/uTQHwp0YLx
— Global Markets Investor (@GlobalMktObserv) October 3, 2024
⁉️WHAT IS HAPPENING IN GERMANY⁉️
Most economic data in the world's third-largest economy has come below average economists' expectations over the last 2 years.
Germany is also on track for 2nd straight year of SHRINKING GDP, for the 1st time since 2003.
Chart: @AugurInfinity pic.twitter.com/Ngao7T036o
— Global Markets Investor (@GlobalMktObserv) October 3, 2024