This post concludes my reports on the economies and problems in countries I since April 2024 to July 2024.
There are many lessons to learn and use to understand how problems experienced by the countries on the Globe can be rectified. There are similarities in the developed countries like overspending on unnecessary things. Underdeveloped countries continue to battle destabilization due to political factions, Terror Groups, Drug Cartels and overspending. Printing money and causing inflation is a mistake all countries make. The economic collapse that follows hyperinflation can be seen in Venezuela and Zimbabwe. Failed countries like Somalia and Haiti that cannot be stabilized suggests breaking them up to be absorbed by neighboring countries. Neighboring countries have a vested interest in fixing the Failed countries on their borders to avoid disruptive refugee migration and being infected by the Terror Groups and Drug Cartels.
The scorecards for these countries include the economic data and the reasons for their destabilization.
Nominal GDP and Population by Continent:
Continent Nominal GDP Population
US $26.95T 339,996,563
Europe $19.95T 741,760,503
China $17.70T 1.409,670,000
Rest
of Asia $15.50T 2.455,920,877
Middle
East $5.10T 489,689,549
S
America $4.01T 442,466,432
Africa $3.145T 1.488,799,225
Total $72.405T
My Global Total tabulated above includes data from 2022. It is also missing countries in South America where recent data was not available on google. Data from 2023 was hard to find, but the data I included in the countries was close enough for horseshoes and grenades.
The
Global Population is reported to be 8,045,311,447
https://www.google.com/search?q=global+population+2023&sca_esv=ce03073efbde2536&ei=kc6XZo
Global
Nominal GDP is reported as
2023
$105.44T
2022
$101.23T
2021
$97.53T
2020
$85.58T
https://data.worldbank.org/indicator/NY.GDP.MKTP.CD
The poorest continents in GDP are Africa, South America and the Middle East. The highest populations are in China, the Rest of Asia and Africa.
Global Inflation has been caused by Biden’s war on energy, fueled by the Climate Change Hoax. Restricting the production of US oil and natural gas accounts for most global inflation. Oil is needed to make gasoline used to ship goods and natural gas is used to make nitrogen for crops.
Inflation
is highest in the following countries.
Country %Inflation Continent
Zimbabwe 284.94 Africa
Venezuela
210.00 S America
Cuba 166.75 S America
Sudan 154.91 Africa
Ethiopia 102.00 Africa
Turkey 73.13 Middle East
Argentina 72.37
S America
Sri
Lanka 48.19 Asia
Suriname 47.56
S
America
Yemen 43.85
Middle
East
Iran 39.99 Middle East
Inflation
is highest on 4 continents.
4 in S America, 3 in Africa, 3 in the Middle East, I in Asia.
There are 1490 hydroelectric plants in the US, 87 in Africa,
Currently, 12% of the energy output in the region comes from hydroelectric power plants. So far, Egypt leads the region’s installed capacity, followed by Lebanon, Iran, Iraq, and Syria. These are the countries that share the most abundant rivers in the Middle East.
Norb Leahy, Dunwoody GA Tea
Party Leader
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