Despite facing various crises, countries across the globe are still struggling to keep up with the US economy. The United States is currently leading the way in economic growth, thanks to its booming stock market, strong job market, and growing GDP.
The country’s robust economy has surpassed that of other advanced economies such as the European Union, United Kingdom, and Japan. However, this positive outlook does not mean there are no issues affecting different parts of the world. For instance, farmers in Europe are currently protesting while North Korea is turning to false eyelashes to boost its economy.
It’s fascinating how these changes have impacted countries around the world. Last year, the US was at risk of a recession due to geopolitical tensions, the pandemic’s lingering aftershocks, high inflation, and steep borrowing costs. But now it has emerged stronger than ever before, leaving other countries struggling to catch up.