Dailly commentary-每日见闻-2024.3.7

Global environments:

Politics:

US:
China:
EU:

Economy:

US: US economy keep strong due to strong consumer spending and government spending. As long as government spending and individual spending continue, the economy would be continue to be strong. Until the bubble burst.
China: Chinese economy is mainly driven by investments. Chinese consumers' consumption only account for 37% of the total GDP. While investments accounts for about 44% of the GDP. Given slow down on Chinese investment, it is need to wait for signal that investment would rebound.
EU:
Culture:

Education:

Medicare:

Technology:

Big events:

Ukraine-Russia war:the war lasted for more than 2 yrs and costed more than 200 billion USD. It is hard to say who will win the war, since Ukraine is decided to fight till the last minutes and NATO is determined to support Ukraine
Israel-Hamas war:
Energy crisis:
Food crisis:
Climate change:
AI boom:

Major Trends:

Cycles:

Markets: