Posted 1/15/2024, 2:30:01 AM
2024 Outlook: Anti-Incumbency and Spending Rise While Growth Slows, China Fades as India and Others Emerge
- 2024 will see high anti-incumbency and many leaders voted out as public approval declines globally
- Government spending and deficits will rise due to elections, concerning investors
- Immigration backlash in developed countries but remittances help India
- Slowdown in growth but no recession; Europe may bounce back
- China's economy fading as capital flees; stars emerging in India, Mexico, Vietnam