What Are The World's Most 'Miserable Economies'?
Why Is Venezuela In Crisis? http://bit.ly/1WFHzzF What Are The Biggest Threats To The World Economy? http://bit.ly/23YV7FE Subscribe! http://bitly.com/1iLOHml Bloomberg just released a...
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2015 was a troubling year for the global economy. Political turmoil, falling oil prices, and decreasing demand for commodities affected ostensibly every country in the world. Some countries struggled so much that Bloomberg dubbed them as having quote “the world’s most miserable economies” in its annual Misery Index. So, which economies topped that list and why are they so miserable? Well, the label is based on the two factors that affect daily life the most: inflation and unemployment. According to Bloomberg’s report, South Africa is among the worst. This may come as a surprise, as its economy is Africa’s most industrial and second largest. But 20-15 was a particularly tough year. Demand plummeted for its two largest exports - gold and platinum - an...
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2015 was a troubling year for the global economy. Political turmoil, falling oil prices, and decreasing demand for commodities affected ostensibly every country in the world. Some countries struggled so much that Bloomberg dubbed them as having quote “the world’s most miserable economies” in its annual Misery Index. So, which economies topped that list and why are they so miserable? Well, the label is based on the two factors that affect daily life the most: inflation and unemployment. According to Bloomberg’s report, South Africa is among the worst. This may come as a surprise, as its economy is Africa’s most industrial and second largest. But 20-15 was a particularly tough year. Demand plummeted for its two largest exports - gold and platinum - an...
