The world economy in 2024 is slightly worse than expected at the beginning of the year because more than 70 nations held elections, causing governments to spend aggressively to gain votes, which bloated GDP figures but will result in a fiscal hangover in 2025 as that stimulus ends.
causalpending
Speaker
Danielle LabalEvidence Quote
“70 countries with elections means a lot of governments spending a lot of money very very quickly to try to gain votes and that means GDP bloated by government spending”
Created: 8/11/2026, 7:14:28 AM
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