Beware a global economy with little fires everywhere

Beware a global economy with little fires everywhere - short news


Developed nations need to thwart the economic fallout from the Ukraine war from destroying the lives of the world’s most vulnerable

Big shocks to the global economy, such as Russia’s invasion of Ukraine, understandably capture the most attention. But a new worldwide pattern of “little fires everywhere” may be equally consequential for longer-term economic wellbeing. Over time, these small fires can coalesce into one that is just as threatening as the initial large fire that..


Read more on The Guardian

source: The Guardian - 16.05.2022

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