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

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

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

#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:

#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.

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

Regionalization vs globalization: what is the future direction of trade? Stefan Legge Universität St.Gallen (HSG) Global Trade Alert wef.ch/3kmX1lX
rt World Economic Forum

'India is in a stronger position to negotiate right now, they don't need the deal as much as the UK needs it.'
Stefan Legge of Universität St.Gallen (HSG) shares his thoughts on the #UK / #India #Trade Deal negotiations

#GlobelynxConnects #GlobelynxVOD

Regionalization vs globalization: what is the future direction of trade? Stefan Legge Universität St.Gallen (HSG) Global Trade Alert wef.ch/3kmX1lX
rt World Economic Forum

Regionalization vs globalization: what is the future direction of trade? Stefan Legge Universität St.Gallen (HSG) Global Trade Alert wef.ch/3kmX1lX
rt World Economic Forum

Regionalization vs globalization: what is the future direction of trade? Stefan Legge Universität St.Gallen (HSG) Global Trade Alert wef.ch/3kmX1lX
rt World Economic Forum

Regionalization vs globalization: what is the future direction of trade? Stefan Legge Universität St.Gallen (HSG) Global Trade Alert wef.ch/3kmX1lX
rt World Economic Forum

Heute in einem Monat ist es soweit! Am 7. September diskutieren wir gemeinsam mit Andri Silberschmidt, Sibylle Waelty, Marco Denoth, Corina Liebi und Stefan Legge rund ums Thema der 10-Millionen-Schweiz. Jetzt anmelden und dabei sein! ➡️ metropolitanraum-zuerich.ch/veranstaltunge…

Regionalization vs globalization: what is the future direction of trade? Stefan Legge Universität St.Gallen (HSG) Global Trade Alert wef.ch/3kmX1lX
rt World Economic Forum

Reminder: unsere Sektion Ostschweiz lädt diesen Donnerstag 7.3. gemeinsam mit foraus an Universität St.Gallen (HSG) zu einer Pro- & Contra-Debatte über den #EWR ein.

Mit Andreas Krafft, Stefan Legge, Tina Freyburg, Marc Rüdisüli, Georges Baur

👉 europa.ch/event/schweiz-…

#SwissEUrelations

Unsere Sektion Ostschweiz lädt am Donnerstag, 7. März mit foraus an Universität St.Gallen (HSG) zu einer Pro- & Contra-Debatte über einen 🇨🇭er Beitritt zum #EWR ein.

Mit Andreas Krafft, Stefan Legge, Tina Freyburg, Marc Rüdisüli, Georges Baur

👉 europa.ch/event/schweiz-…

#SwissEUrelations

Regionalization vs globalization: what is the future direction of trade? Stefan Legge Universität St.Gallen (HSG) Global Trade Alert wef.ch/3kmX1lX
rt World Economic Forum

Regionalization vs globalization: what is the future direction of trade? Stefan Legge Universität St.Gallen (HSG) Global Trade Alert wef.ch/3kmX1lX
rt World Economic Forum