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Is the economy of #Germany in trouble? Industrial production has been on a downward trend since 2018 - unlike in the #EU27 or #Switzerland.

For all the talk about #deglobalization, data from the Centraal Planbureau suggest otherwise. World imports (and exports) are up, back to pre-COVID trend.

What is the current #COVID19 situation in #Switzerland? A comparison of 2022 with the previous two years:

The #Euro area is falling behind the #USA in terms of real GDP.

Expressed in current US Dollar, the GDP per capita in #Japan, #Switzerland and the #USA was almost identical in 2000. Now it is vastly different.

Among the top-4 economies of the world, the #USA is exceptionally well positioned to prosper. While #China, #Germany, and #Japan face shrinking working-age populations, the American workforce is set to grow further. #EconTwitter

Just how much can #GDP really decline? History says, a lot. #EconTwitter

The Japanese #Yen touched a fresh 32-year low against the #USD on Monday (#USDJPY). The #Euro and #GBP also depreciated notably since January 2022. More info: european-inflation-tracker.com

About 1/5 of new cars in Germany in Sep 2022 were battery EVs, total of about 44k - of which #TSLA accounted for 14k (beating #Volkswagen 5k, #Hyundai 3k, as well as Audi/BMW/Fiat/Mercedes all 2k).

New #GDP data from #Germany is out. Europe's largest economy started to plateau in late 2017 and is now back to the same level as in 2019. #EconTwitter

Many people know the Big Mac Index, published by The Economist. One can do a similar comparison with the magazine's price itself. It turns out, gulf nations pay the most for a weekly dose of economic analysis. Any guess why? #EconTwitter

Despite the 2022 "correction", the #DAX40 is currently about 80 percent above its pre-GFC peak.

The #COVID19 crisis and global slump in demand led to the first substantial drop in global #oil production since 1980.

Investing in the world economy isn't the same as investing in the #MSCI ACWI. The #USA is overweighted, #China and #India underweighted:

#GDP per capita in the #UnitedStates has grown about 1.5% annually - since 1820. In 2011 purchasing power terms, it went from less than 3'000 to more than 55'000 US Dollar.

Expressed in PPP terms, the #Czech Republic is now as rich as #Italy and not very different from #France or the UK.

#Coal once accounted for more than 60% of Germany's energy - now it contributes less than 20%. The gap was mostly filled by gas and nuclear. The recent rise of wind and solar is small. #Luetzi #Luetzerath

According to World Bank data, #China produces as many manufacturing goods as the #EU and the #USA together:

How to eliminate the US Federal deficit in one step: cut spending to 2019 levels. #USDebt #DebtCeiling

Switzerland is saying goodbye to industrial tariffs to make things cheaper. But the question is: How much of the tariff savings will actually be passed on to customers? bloomberg.com/news/newslette…