Global Economic Shifts: Mastercard’s Forecast and China’s Strategic Moves

Explore Mastercard's 2025 economic forecast predicting 3.2% global growth, with a focus on Europe's mixed economic forces. Delve into China's pivotal economic strategies as it faces domestic challenges and international trade tensions. Understand the implications of economic insecurity in the U.S. and the impact of South Korea's political turmoil on global markets. This episode offers insights into the interconnectedness of global economies and the critical decisions shaping future growth.

Sources:
https://www.travelandtourworld.com/news/article/mastercard-2025-economic-forecast-sees-3-2-global-growth-and-mixed-economic-forces-for-europe/
https://www.firstpost.com/world/chinas-economic-growth-hinges-on-broader-business-and-household-confidence-as-leadership-convenes-13843476.html
https://ctmirror.org/2024/12/10/ct-economic-security-report/
https://thediplomat.com/2024/12/the-economic-costs-of-delaying-the-impeachment-of-south-korean-president-yoon/

Outline:
(00:00:00) Introduction
(00:00:44) Mastercard 2025 Economic Forecast Sees 3.2% Global Growth and Mixed Economic Forces for Europe - Travel And Tour World
(00:03:34) China's economic growth hinges on broader business and household confidence as leadership convenes
(00:06:46) Half of CT, U.S. population lacks economic security, report says
(00:10:19) The Economic Costs of Delaying the Impeachment of South Korean President Yoon