This chart from today's Early Look by Ryan Ricci shows the economic impact of violence has increased eight times in the past 14 years.
The Global Peace Index ranks how peaceful 163 countries are on an annual basis. In 13 of the the past 15 years (including 2023), global peace deteriorated.
The U.S. ranks 131 out of the 163 countries in the index and has the largest economic impact of violence, $4.2 trillion. Those figures suggest the U.S. economy runs on violence, and, sadly, continued violence is what will grow our economy.
WHAT TO WATCH NEXT:A Knockout Call on Long TKO: Stock Soars on NFLX News McCullough: Don't Be Fooled by U.S. Government's Economic Numbers |
HELPFUL LINKS:
Join New Subscriber Orientation
New Conference: Hedgeye Live 2024 May 2-5
Hedgeye University | Become a Better Investor
Hedgeye Education Center | Learn More About Hedgeye
Learn About Our New Sectors: Global Technology Pro and Software Pro