How Energy Scarcity Is Reshaping the Global Economy ...Middle East

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How Energy Scarcity Is Reshaping the Global Economy
Recently, many people have begun talking about the US having a k-shaped economy. In it, a handful of wealthy people are doing very well financially, while many others are falling further and further behind. I expect that the low wages of the majority of workers will soon lead to adverse impacts on businesses, governments, and international organizations. This phenomenon is likely to lead to a very uneven world economic downturn in 2026. The world economy is subject to the laws of physics. The world economy seems to be reaching growth limits because…

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