Stagnation and Deglobalization: Economic Consequences

This chapter explores the impact of stagnant global trade on GDP and economic stability post-2020 lockdowns, marking a trend towards deglobalization. It emphasizes the relationship between declining trade volumes and historical economic downturns, while critiquing the effectiveness of monetary policies in addressing these issues. The discussion also sheds light on the complex dynamics of debt and government borrowing, stressing the importance of sustainable debt management for long-term economic health.