2020 has been a crazy year for the global economy, and markets around the world have faced a lot of fluctuation. The US budget deficit itself is reported to reach $3.8 trillion by the end of the year. This amount is more than double than 2009’s budget deficit, which was also set during a huge economic crisis.
Thinking about these kinds of big numbers can be a bit confusing. After all, what is their real value, and what is their value compared to other large assets around the world.
This infographic by VisualCapitalist is comprehensive and visually digestible at the same time. It pits each global market, or different kinds of “money” against each other to show how much financial markets around the world are cost.