(ENERGY COLLECTIVE) Some parts of the world pretty much sailed through the 2008-2009 recession, while other parts of the world had huge problems. The part that sailed through the recession is what I call the “Growing Part of the World.”
I thought it would be interesting to see how the countries in the “Growing Part of the World” have behaved over the long term with respect to a number of variables (energy, GDP, and population). I compare these countries to two other groups of countries which did not fare as well during the 2008-2009 recession:
- European Union 27, United States and Japan
- Former Soviet Union (FSU)
Together these three groups equal the whole world, which is why I call the Growing Part of the World “Remainder” on my charts.