Statements (48)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:affectedArea |
gptkb:Australia
gptkb:Canada gptkb:European_Union gptkb:United_Kingdom gptkb:United_States global |
| gptkbp:causedBy |
gptkb:energy
gptkb:Russian_invasion_of_Ukraine gptkb:COVID-19_pandemic supply chain disruptions |
| gptkbp:consequence |
gptkb:public_policy
changes in consumer behavior food insecurity political instability business bankruptcies increased inequality food price inflation increased political polarization stock market volatility decline in consumer confidence increased public debt decline in real wages reduced economic growth strikes and protests wage stagnation housing affordability crisis increased poverty rates increased homelessness fiscal stimulus measures currency depreciation in some countries increased cost of borrowing increased demand for social services increased government subsidies increased interest rates increased labor strikes labor market disruptions monetary policy tightening price controls in some countries recession fears |
| gptkbp:effect |
increased consumer prices
cost of living crisis central bank interest rate hikes |
| gptkbp:endDate |
2023
|
| https://www.w3.org/2000/01/rdf-schema#label |
2022–2023 inflation surge
|
| gptkbp:startDate |
2021
|
| gptkbp:bfsParent |
gptkb:2022_economic_crisis
|
| gptkbp:bfsLayer |
7
|