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The Megacity Economy: How Seven Types Of Global Cities Stack Up

The Megacity Economy: How Seven Types Of Global Cities Stack Up

Back in 1950, close to 30% of the global population lived in cities.

As Visual Capitalist's Jeff Desjardins notes, that has shifted dramatically, and by 2050, a whopping 70% of people will live in urban areas – some of which will be megacities housing tens of millions of people.

This trend of urbanization has been a boon to global growth and the economy. In fact, it is estimated today by McKinsey that the 600 top urban centers contribute a whopping 60% to the world’s total GDP.

Courtesy of: Visual Capitalist

 

Is Trump Up To Something ‘Big’ In Asia Pacific?

President Trump may be up to something “big” in the Asia Pacific region while he distracts the public with his Tweets. Russian political commentator Dmitri Kosyrev suggests that Defense Secretary’s James ‘Mad Dog’ Mattis’ visits to South Korea and Japan are prelude to Trump revealing a “big” foreign policy strategy that is mainly geared toward China and trade. Sputnik reports: It appears that US President Donald Trump is up to planning a “big game” in Asia-Pacific, Rossiya Segodyna political commentator Dmitri Kosyrev believes.

Forget Trump: The Reason For The Economic Boom Is Totally Different, And Deutsche Says It Is About To End

Forget Trump: The Reason For The Economic Boom Is Totally Different, And Deutsche Says It Is About To End

Remember the G-20 "Shanghai Accord" from February 2016, a meeting where the world's political and financial elites were rumored to sit down and unveil a plan how to boost the global economy? Well, according to a new research note out from Deutsche Bank, it was this event - together with the unprecedented credit expansion out of China that immediately followed - that catalyzed the ongoing global economic rebound, a recovery which has had nothing to do with confidence in Donald Trump policies.

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