Video Summary Bangladesh is facing a severe economic crisis, with high levels of youth unemployment, despite a $4.7 billion bailout from the International Monetary Fund (IMF). The country’s economy has remained grim, with a severe shortage of jobs, and the government’s decision to reintroduce quotas for government jobs has sparked widespread protests. The reintroduction of […]
Video Summary The Japanese economy has been facing significant challenges, including a declining population, a high national debt, and a falling value of the Japanese yen. In the 1950s, Japan was rebuilt and became a manufacturing powerhouse, but it has since fallen behind China and Germany in terms of economic size. The country is now […]
Video Summary The Chinese economy is facing a significant challenge as a trade war erupts between China, the USA, and the European Union. The issue centers on the Chinese government’s alleged subsidies to its electric vehicle manufacturing industry, which has dominated the global market in recent years. The USA and the European Union have applied […]
Video Summary The Chinese economy is showing worrying signs, particularly in its industrial profits. While the overall figures may seem good, with a 4.3% growth in the first quarter of 2024, a deeper look reveals a concerning trend. In the first two months of 2024, industrial profits were up by over 10%, but in March, […]
Video Summary As of 2023, China’s local governments have accumulated a staggering $9 trillion debt, equivalent to more than half of the country’s GDP. This massive debt was built up over the past 30 years, primarily through local government financing vehicles (LGFVs), which were established in 1994 to empower local authorities to raise debt and […]
Video Summary China’s economy, despite initial reports of a strong start to the year, is actually facing significant challenges. The 5.3% GDP growth in the first quarter of 2024 may look promising at first glance, but there are worrying signs beneath the surface. One of the main drivers of this growth was government support for […]