Wall Street Journal (January 29)
A “deflation doom loop” is “trapping China’s economy.” Despite the nation’s “extraordinary leaps in cutting-edge technology, from artificial intelligence to robotics,” China’s “relentless pursuit of growth through manufacturing has also created a lopsided economy, with much of it stuck in a deflationary spiral. China’s GDP deflator, a broad price gauge, has been negative since 2023, a sign of inadequate demand at home.”
Tags: 2023, AI, China, Deflationary spiral, Doom loop, Economy, GDP deflator, Growth, Lopsided, Manufacturing, Negative, Robotics, Technology
Reuters (January 8)
“The world is full of danger. The planet starts 2024 with war in Gaza and Ukraine, superpower rivalry, climate change and slow growth. The possible return of Donald Trump as U.S. president is another risk…. It’s easy to see how the world’s multiple overlapping crises – what some observers have labelled the ‘polycrisis’—could feed on one another, creating a doom loop.” But none of this is inevitable. “There are more optimistic scenarios, and some silver linings in the pessimistic ones.”
Tags: 2024, Climate change, Danger, Doom loop, Gaza, Growth, Optimistic scenarios, Polycrisis, Risk, Rivalry, Superpower, Trump, U.S., Ukraine, War, World
Financial Times (June 5)
“A clear lesson from last week’s sharp sell-off in Italian bond markets: the ‘doom loop’ that creates a direct link between eurozone countries and their banking systems is still a powerful force.”
