This Is Where The Global Economy Is Playing Its Game, Are You In The Know?

  • 3 years ago
The global economy and international markets are awaiting the orchestrated moves of central banks in relation to interest rate policies, debt relief and declining unemployment. And indeed, we all expect the Fed to "direct" the next part of the show.

However, the directions of the new global economic phase in the post-Covid era have already begun to show their own characteristics, clearly influenced by the trends that formed within the pandemic.

There are 4 different areas, which due to the conditions, are currently a priority. And they are likely to bring about significant changes in the economy as a whole.

In the field of consumption, companies leave behind for good multichannel communication, ie communication through different media and move to omnichannel communication, ie the integrated and integrated communication between the consumer and the different media.

The demand for products, services, travel and entertainment is growing exponentially, focusing mainly on digital channels and e-commerce. Common denominator, the digitization of all transactions through various FinTech solutions.

The second sector, which is changing drastically, is that of the supply chain. The chain that starts from production and ends in consumption has been shown to be vulnerable in terms of supply and demand, delivery times, distances, availability of means of transport and handling of products and costs.

The repatriation of large production units, mainly in the US but also in the EU, which will provide solutions to the above-mentioned problems, is expected to replace China's existing relatively cheap labor and production processes, with investments in robotics and artificial intelligence.

This will ensure the return to quality production, at low cost, from the passage of manual operations, to the movements of the robotic arms.

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Disclaimer: Everything expressed in this video is a personal opinion provided for entertainment value only. I am not a professional nor a financial advisor. These are not instructions, suggestions, nor directions as to how to handle your money. Please, always do your own due diligence.
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