I am just killing time while a couple of beers get chilled in the freezer, so i thought it was a good time to provide everyone a good example regarding the difference between globanomics and economics.
What we will do is look at the impact that the "pandemic" had in terms of "globanomics".
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In doing this analysis i simply looked at the Global 500 in 2020 and then again in 2023. The earlier year shows how things were "pre-pandemic" and the latter year shows how things stand now (or three years later). The following table will show the distribution of "market value" held by different world associations between those two periods.
The table speaks for itself, so i will leave that as my example of how Globanomics differs from "economics". And yes the "panedmic" affected different countries in different ways--especially in "globanomic terms". I am not sure what the "economists" will tell you.
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Nation/Alliance | 2020 Market Share | 2023 Market Share |
Africa | 0.0% | 0.2% |
Asia Pacific | 8.0% | 7.7% |
China | 11.6% | 8.5% |
Europe | 14.0% | 13.2% |
Middle East | 5.5% | 5.4% |
S. America | 0.5% | 0.6% |
US Alliance | 60.4% | 64.4% |
Total | 100.0% | 100.0% |
Now it's time to get one of those beers that have been chilling while i put this together.