{"id":5180,"date":"2022-09-12T13:44:49","date_gmt":"2022-09-12T13:44:49","guid":{"rendered":"https:\/\/www.novonon.com\/blog\/?p=5180"},"modified":"2022-09-12T13:44:49","modified_gmt":"2022-09-12T13:44:49","slug":"analysis-this-might-hurt-tectonic-plates-of-global-economy-shift-reuters","status":"publish","type":"post","link":"https:\/\/www.novonon.com\/blog\/2022\/09\/12\/analysis-this-might-hurt-tectonic-plates-of-global-economy-shift-reuters\/","title":{"rendered":"Analysis: This might hurt: tectonic plates of global economy shift | Reuters"},"content":{"rendered":"<p>Interesting short piece on whether the world is facing an extended period of greater economic difficulty:<\/p>\n<blockquote><p>Just how we got to this point was laid out to the world&#8217;s central bankers at their annual retreat in Wyoming last month by Agustin Carstens, head of the Bank for International Settlements (BIS) which effectively serves as the central banks&#8217; banker.<\/p>\n<p>According to Carstens, much of the world economy from the 1990s enjoyed three decades of solid, low-inflation growth due to benign tailwinds including stable geopolitics, technological advances, a spurt in globalisation and an ample pool of labour.<\/p>\n<p>[&#8230;]<\/p><\/blockquote>\n<blockquote><p>The 2008\/09 financial crisis, pandemic and Ukraine war have revealed how fragile this growth fueled by cheap debt and just-in-time supply chains was. Now, the greater fear is that those tailwinds keeping it all up in the air are turning to headwinds.<\/p><\/blockquote>\n<p><em><a href=\"https:\/\/www.reuters.com\/markets\/this-might-hurt-tectonic-plates-global-economy-shift-2022-09-12\/\">Analysis: This might hurt: tectonic plates of global economy shift | Reuters<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interesting short piece on whether the world is facing an extended period of greater economic difficulty: Just how we got to this point was laid out to the world&#8217;s central bankers at their annual retreat in Wyoming last month by Agustin Carstens, head of the Bank for International Settlements (BIS) which effectively serves as the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-5180","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p3pfIY-1ly","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/posts\/5180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/comments?post=5180"}],"version-history":[{"count":1,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/posts\/5180\/revisions"}],"predecessor-version":[{"id":5181,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/posts\/5180\/revisions\/5181"}],"wp:attachment":[{"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/media?parent=5180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/categories?post=5180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.novonon.com\/blog\/wp-json\/wp\/v2\/tags?post=5180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}