UNTIL 1700 the world economy did not really grow—it just stagnated. Over the previous 17 centuries global output had expanded by 0.1% a year on average, a rate at which it takes nearly a millennium ...
This analysis is by Bloomberg Intelligence Chief Economist Tom Orlik. It appeared first on the Bloomberg Terminal. The global economy started 2025 on a solid footing. Now the ground has shifted. We ...
After Adolf Hitler’s troops rolled into France in 1940, many feared the imminent destruction of Europe and its economy. British investors did not. In the year following the invasion, London’s ...