Imagine what a canary in a coal mine would be like. The canary was a crashing Sri Lanka, and the president fled by military plane, went to Singapore via the Maldives, and then got a telegram (email)

Imagine what a canary in a coal mine would be like. The canary was a crashing Sri Lanka, and the president fled by military plane, went to Singapore via the Maldives, and then went to the field by email. Coal mines are the global macroeconomic situation. If shocks in rich economies are difficult to control, poorer and emerging economies are more worrisome, with economic pressures creating political instability that pervades the situation. Three major factors affect the world economy, starting with the pandemic, where 30% of emerging economic markets and 60% of low-income countries are trapped in or facing high-risk debt pressures. The second is that the situation in The Food and Agriculture Organization of the United Nations (FAO) has led to severe inflation, the fire in the two major food exporting countries has led to an increase in the price of food, energy and industrial raw materials, the Food price index of the United Nations Food and Agriculture Organization (FAO) has risen by 50% compared with before the epidemic, and the overall cost of living has risen. The rise in crude oil prices has made Saudi Arabia, the United Arab Emirates, Angola, Bahrain and Oman the few winners. The third factor is the dollar exchange rate, which has risen by 10 per cent over the past year, which could lead to a crisis of sovereign borrowing payments in poor countries. India, Brazil, South Africa and Argentina have large domestic borrowings, and many expect Argentina to default this year. The world is facing unprecedented disadvantages and negative effects, and it is not clear when there will be a turnaround or who has any panacea.