What has happened to the world economy ten years after the financial crisis?
ANBOUND
If we consider the United States subprime mortgage crisis to be the latest global financial crisis, ten years have already passed since, and the global economic outlook is still looking glum. However, underneath such appearances, what fundamental changes has the global economy actually undergone? From a macroeconomic perspective, we can see that there has yet to be a fundamental change for the better within the global economy, and this is demonstrated by the following: the stagnant growth of the productivity, the financial market is still very risky, and there is an increase in suspicion towards western governments. At this point, the road ahead does not look very smooth for the global economy at all.