7 Global Predictions For 2025
Which one(s) do you agree with?
The ongoing themes for 2025 concern economic and demographic forecasts in the US, Europe, and China, and peace in the Middle East and Ukraine.
Here’s how I think they will unfold.
1. No Economic Growth in the Eurozone
In 1946, the Marshal Plan was based on the need to rebuild Germany, the economic engine of the continent.
80 years later, the importance of the German economy didn’t change.
But a series of mismanagement and ill-suited decisions, especially regarding German energy policy, has led to the slow deindustrialization of the country as factories leave for more welcoming shores where energy is up to four times cheaper.
Subsistent inflation and high interest rates have further weighed on the economy which will likely enter a recession, luckily balanced out by the southern and Nordic countries.
A surprising factoid: Italy is now the fourth biggest exporter in the world.
Talk about a reversal!