Navigating a K-Shaped Economy: Global Perspectives

This chapter examines the ramifications of a K-shaped economic recovery, focusing on the stark disparity between lower and upper-income households amid rising debt and declining savings. It contrasts the economic landscapes of Europe, the US, and China, addressing productivity gaps, political challenges, and the struggle for financial stability. Additionally, the chapter highlights the dominance of the US dollar and the implications of alternative financial networks, while discussing the evolving role of Bitcoin in the global economy.