Birthday: November 10
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Hello Beautiful People,
I recently went to Iceland, here are some photos of my trip! Hope you enjoy!
Hallgrímskirkja is a Lutheran parish church in Reykjavík, Iceland.
While we are currently in an economic upswing, myself and others feel like the "party" will not last for long. The Global Economic Prospectus report written by the World Bank states the growth may soon "peak" and then start to drop in as soon as 2019 and 2020. This will affect the economies of the United States, China, and Europe the most. Factors such as rising geopolitical tensions, policy uncertainty, and trade protectionism are listed as reasons for this future economic down turn. The World Bank suggests that policy makers need to promote competitiveness, adapatability to technological change and trade openness to counteract such an effect. It also forecasts that the decline or slowdown will occur when stimulus measures such as "near-zero" interest rates and "quantitative easing" begin to lose their effectiveness.
The World Bank expects 2/3 of the world to be effected by the economic down turn.
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