World leaders attend a working session at the Group of 20 Summit in Bali, Indonesia, on November 15. Attendees wrestled with a wide range of topics during the summit, but the state of the global economy appears to have been overlooked. Photo: AP
World leaders attend a working session at the Group of 20 Summit in Bali, Indonesia, on November 15. Attendees wrestled with a wide range of topics during the summit, but the state of the global economy appears to have been overlooked. Photo: AP
Anthony Rowley
Opinion

Opinion

Macroscope by Anthony Rowley

Global economy’s frightful state gives world leaders reason to bury their heads in the sand

  • The world’s leaders had so many topics demanding their attention at recent summits that the parlous state of the global economy was overshadowed
  • Summit attendees could be forgiven for keeping quiet given the likelihood of continued monetary tightening and a 2023 of contraction and recession

World leaders attend a working session at the Group of 20 Summit in Bali, Indonesia, on November 15. Attendees wrestled with a wide range of topics during the summit, but the state of the global economy appears to have been overlooked. Photo: AP
World leaders attend a working session at the Group of 20 Summit in Bali, Indonesia, on November 15. Attendees wrestled with a wide range of topics during the summit, but the state of the global economy appears to have been overlooked. Photo: AP
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