Complex Event Analysis - Report

Key Focus

  • Together with soaring levels of public debt, this all but ensures a more anemic recovery than the one that followed the Great Recession a decade ago.
    A second factor is the demographic time bomb in advanced economies. The COVID-19 crisis shows that much more public spending must be allocated to health systems, and that universal health care and other relevant public goods are necessities, not luxuries
  • Recurring epidemics (HIV since the 1980s, SARS in 2003, H1N1 in 2009, MERS in 2011, Ebola in 2014-16) are, like climate change, essentially man-made disasters, born of poor health and sanitary standards, the abuse of natural systems, and the growing interconnectivity of a globalized world
  • Momentum supporting factors

  • (crisis, health)
  • (covid-19, crisis, technology)
  • (economy, wealth)
  • Challenge supporting factors

  • (covid-19, crisis, global)
  • (crisis, global)
  • (economy, global)
  • (covid-19, crisis, economy)
  • (crisis, economy)
  • (economy, political)
  • (covid-19, economy)
  • Work-in-progress supporting factors

  • (crisis, debt)
  • (covid-19, crisis, policy)
  • (crisis, health)
  • (covid-19, crisis, debt)
  • (economy, risks)
  • (covid-19, crisis, risks)
  • (crisis, risks)
  • (policy, risks)
  • (crisis, policy)
  • (covid-19, crisis, unsustainable)
  • Complex Event Time Series Summary - REPORT


    Time PeriodChallengeMomentumWIP
    Report26.95 11.98 61.08

    High Level Abstraction (HLA) combined

    High Level Abstraction (HLA)Report
    (1) (crisis,health)100.00
    (2) (crisis,debt)89.16
    (3) (covid-19,crisis,policy)67.72
    (4) (covid-19,crisis,debt)49.66
    (5) (economy,risks)41.31
    (6) (covid-19,crisis,risks)40.63
    (7) (crisis,risks)39.28
    (8) (policy,risks)31.60
    (9) (crisis,policy)28.89
    (10) (covid-19,crisis,global)25.73
    (11) (economy,global)24.83
    (12) (crisis,global)23.25
    (13) (covid-19,crisis,economy)22.12
    (14) (crisis,economy)15.35
    (15) (covid-19,crisis,unsustainable)8.80
    (16) (crisis,unsustainable)8.13
    (17) (risks,unsustainable)7.90
    (18) (covid-19,crisis,technology)4.29
    (19) (debt,risks)3.39
    (20) (risks,u-shaped)3.16
    (21) (risks,trends)2.93
    (22) (economy,political)2.93
    (23) (recovery,risks)2.71
    (24) (private-sector,risks)2.48
    (25) (covid-19,economy)2.03
    (26) (economy,wealth)0.68
    (27) (economy,twenty-first-century)0.45
    (28) (economy,technology)0.23

    Complex Event Analysis - REPORT

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    Supporting narratives:

    • momentum (Read more)
      • Together with soaring levels of public debt, this all but ensures a more anemic recovery than the one that followed the Great Recession a decade ago.
        A second factor is the demographic time bomb in advanced economies. The COVID-19 crisis shows that much more public spending must be allocated to health systems, and that universal health care and other relevant public goods are necessities, not luxuries
      • High Level Abstractions:
        • (crisis,health)

    • momentum (Read more)
      • And because technology is the key weapon in the fight for control of the industries of the future and in combating pandemics, the US private tech sector will become increasingly integrated into the national-security-industrial complex.
        A final risk that cannot be ignored is environmental disruption, which, as the COVID-19 crisis has shown, can wreak far more economic havoc than a financial crisis
      • High Level Abstractions:
        • (covid-19,crisis,technology)
        • Inferred entity relationships (17)
        • (covid-19,crisis,fed,us_federal_reserve) [inferred]
        • (covid-19,crisis,negative) [inferred]
        • (covid-19,crisis,fed,targets) [inferred]
        • (covid-19,crisis,fed,negative) [inferred]
        • (covid-19,crisis,global) [inferred]
        • (covid-19,crisis,debt) [inferred]
        • (covid-19,crisis,policy) [inferred]
        • (covid-19,crisis,fed,policy) [inferred]
        • (covid-19,crisis,risks) [inferred]
        • (covid-19,crisis,economy) [inferred]
        • (covid-19,crisis,targets) [inferred]
        • (covid-19,crisis,unsustainable) [inferred]
        • (covid-19,crisis,regrettable) [inferred]
        • (covid-19,crisis,fed,regrettable) [inferred]
        • (covid-19,crisis,fed,interpreting) [inferred]
        • (covid-19,crisis,fed,monetary) [inferred]
        • (covid-19,crisis,us_federal_reserve) [inferred]

    • momentum (Read more)
      • Yet, over time, the permanent negative supply shocks from accelerated de-globalization and renewed protectionism will make stagflation all but inevitable.
        A fifth issue is the broader digital disruption of the economy. With millions of people losing their jobs or working and earning less, the income and wealth gaps of the twenty-first-century economy will widen further.
      • High Level Abstractions:
        • (economy,wealth)

    • challenge (Read more)
      • The Coming Greater Depression of the 2020s
        Apr 28, 2020
        NOURIEL ROUBINI
        While there is never a good time for a pandemic, the COVID-19 crisis has arrived at a particularly bad moment for the global economy. The world has long been drifting into a perfect storm of financial, political, socioeconomic, and environmental risks, all of which are now growing even more acute.
        NEW YORK - After the 2007-09 financial crisis, the imbalances and risks pervading the global economy were exacerbated by policy mistakes
      • High Level Abstractions:
        • (economy,global)
        • (covid-19,crisis,global)
        • (crisis,global)
        • (covid-19,economy)
        • (covid-19,crisis,economy)
        • (crisis,economy)
        • (economy,political)
        • Inferred entity relationships (34)
        • (covid-19,crisis,technology) [inferred]
        • (covid-19,crisis,fed,us_federal_reserve) [inferred]
        • (crisis,economy,policy) [inferred]
        • (covid-19,crisis,negative) [inferred]
        • (covid-19,crisis,fed,targets) [inferred]
        • (covid-19,crisis,global) [inferred]
        • (covid-19,crisis,policy) [inferred]
        • (covid-19,crisis,risks) [inferred]
        • (crisis,global) [inferred]
        • (covid-19,crisis,economy) [inferred]
        • (covid-19,crisis,unsustainable) [inferred]
        • (covid-19,crisis,fed,regrettable) [inferred]
        • (crisis,economy,vaccines) [inferred]
        • (crisis,economy) [inferred]
        • (covid-19,crisis,fed,interpreting) [inferred]
        • (covid-19,crisis,fed,monetary) [inferred]
        • (covid-19,crisis,us_federal_reserve) [inferred]
        • (crisis,economy,federal_reserve) [inferred]
        • (crisis,economy,holdings) [inferred]
        • (crisis,economy,re-election) [inferred]
        • (crisis,economy,lawmakers) [inferred]
        • (covid-19,crisis,fed,negative) [inferred]
        • (covid-19,crisis,debt) [inferred]
        • (covid-19,crisis,fed,policy) [inferred]
        • (crisis,economy,fed) [inferred]
        • (crisis,economy,republican) [inferred]
        • (covid-19,crisis,targets) [inferred]
        • (crisis,economy,trump) [inferred]
        • (crisis,global,growth) [inferred]
        • (covid-19,crisis,regrettable) [inferred]
        • (economy,global,growth) [inferred]
        • (crisis,economy,revenue) [inferred]
        • (crisis,economy,quantitative-easing) [inferred]
        • (crisis,economy,stabilizes) [inferred]

    • WIP (Read more)
      • Recurring epidemics (HIV since the 1980s, SARS in 2003, H1N1 in 2009, MERS in 2011, Ebola in 2014-16) are, like climate change, essentially man-made disasters, born of poor health and sanitary standards, the abuse of natural systems, and the growing interconnectivity of a globalized world
      • High Level Abstractions:
        • (crisis,health)

    • WIP (Read more)
      • The policy response to the COVID-19 crisis entails a massive increase in fiscal deficits - on the order of 10% of GDP or more - at a time when public debt levels in many countries were already high, if not unsustainable.
        Worse, the loss of income for many households and firms means that private-sector debt levels will become unsustainable, too, potentially leading to mass defaults and bankruptcies
      • High Level Abstractions:
        • (covid-19,crisis,debt)
        • (crisis,unsustainable)
        • (risks,unsustainable)
        • (crisis,debt)
        • (covid-19,crisis,policy)
        • (private-sector,risks)
        • (covid-19,crisis,unsustainable)
        • Inferred entity relationships (26)
        • (covid-19,crisis,technology) [inferred]
        • (covid-19,crisis,fed,us_federal_reserve) [inferred]
        • (crisis,policy) [inferred]
        • (covid-19,crisis,negative) [inferred]
        • (covid-19,crisis,fed,targets) [inferred]
        • (covid-19,crisis,global) [inferred]
        • (covid-19,crisis,policy) [inferred]
        • (covid-19,crisis,risks) [inferred]
        • (covid-19,crisis,economy) [inferred]
        • (covid-19,crisis,unsustainable) [inferred]
        • (crisis,policy,risk) [inferred]
        • (covid-19,crisis,fed,regrettable) [inferred]
        • (covid-19,crisis,fed,interpreting) [inferred]
        • (covid-19,crisis,fed,monetary) [inferred]
        • (crisis,policy,post-pandemic_economies) [inferred]
        • (covid-19,crisis,us_federal_reserve) [inferred]
        • (crisis,debt,investors) [inferred]
        • (crisis,debt,fed) [inferred]
        • (crisis,unsustainable) [inferred]
        • (crisis,policy,reverse-infect) [inferred]
        • (covid-19,crisis,fed,negative) [inferred]
        • (covid-19,crisis,debt) [inferred]
        • (covid-19,crisis,fed,policy) [inferred]
        • (covid-19,crisis,targets) [inferred]
        • (covid-19,crisis,regrettable) [inferred]
        • (crisis,debt) [inferred]

    • WIP (Read more)
      • Together with soaring levels of public debt, this all but ensures a more anemic recovery than the one that followed the Great Recession a decade ago.
        A second factor is the demographic time bomb in advanced economies
      • High Level Abstractions:
        • (crisis,debt)
        • Inferred entity relationships (2)
        • (crisis,debt,investors) [inferred]
        • (crisis,debt,fed) [inferred]

    • WIP (Read more)
      • The world has long been drifting into a perfect storm of financial, political, socioeconomic, and environmental risks, all of which are now growing even more acute.
        NEW YORK - After the 2007-09 financial crisis, the imbalances and risks pervading the global economy were exacerbated by policy mistakes
      • High Level Abstractions:
        • (covid-19,crisis,risks)
        • (economy,risks)
        • (crisis,risks)
        • Inferred entity relationships (18)
        • (covid-19,crisis,technology) [inferred]
        • (covid-19,crisis,fed,us_federal_reserve) [inferred]
        • (covid-19,crisis,negative) [inferred]
        • (covid-19,crisis,fed,targets) [inferred]
        • (crisis,risks) [inferred]
        • (covid-19,crisis,fed,negative) [inferred]
        • (covid-19,crisis,global) [inferred]
        • (covid-19,crisis,debt) [inferred]
        • (covid-19,crisis,policy) [inferred]
        • (covid-19,crisis,fed,policy) [inferred]
        • (covid-19,crisis,economy) [inferred]
        • (covid-19,crisis,targets) [inferred]
        • (covid-19,crisis,unsustainable) [inferred]
        • (covid-19,crisis,regrettable) [inferred]
        • (covid-19,crisis,fed,regrettable) [inferred]
        • (covid-19,crisis,fed,interpreting) [inferred]
        • (covid-19,crisis,fed,monetary) [inferred]
        • (covid-19,crisis,us_federal_reserve) [inferred]

    • WIP (Read more)
      • The world has long been drifting into a perfect storm of financial, political, socioeconomic, and environmental risks, all of which are now growing even more acute.
        NEW YORK - After the 2007-09 financial crisis, the imbalances and risks pervading the global economy were exacerbated by policy mistakes.
      • High Level Abstractions:
        • (covid-19,crisis,policy)
        • (crisis,policy)
        • (policy,risks)
        • Inferred entity relationships (21)
        • (covid-19,crisis,technology) [inferred]
        • (covid-19,crisis,fed,us_federal_reserve) [inferred]
        • (crisis,policy) [inferred]
        • (covid-19,crisis,negative) [inferred]
        • (covid-19,crisis,fed,targets) [inferred]
        • (covid-19,crisis,global) [inferred]
        • (covid-19,crisis,risks) [inferred]
        • (covid-19,crisis,economy) [inferred]
        • (covid-19,crisis,unsustainable) [inferred]
        • (crisis,policy,risk) [inferred]
        • (covid-19,crisis,fed,regrettable) [inferred]
        • (covid-19,crisis,fed,interpreting) [inferred]
        • (covid-19,crisis,fed,monetary) [inferred]
        • (crisis,policy,post-pandemic_economies) [inferred]
        • (covid-19,crisis,us_federal_reserve) [inferred]
        • (crisis,policy,reverse-infect) [inferred]
        • (covid-19,crisis,fed,negative) [inferred]
        • (covid-19,crisis,debt) [inferred]
        • (covid-19,crisis,fed,policy) [inferred]
        • (covid-19,crisis,targets) [inferred]
        • (covid-19,crisis,regrettable) [inferred]

    • WIP (Read more)
      • Unfortunately, even if the Greater Recession leads to a lackluster U-shaped recovery this year, an L-shaped "Greater Depression" will follow later in this decade, owing to ten ominous and risky trends.
        op buchholz1 OLIVIER DOULIERYAFP via Getty Images mnuchinpowell
        How Will the Great Cessation End.
        The first trend concerns deficits and their corollary risks: debts and defaults. The policy response to the COVID-19 crisis entails a massive increase in fiscal deficits - on the order of 10% of GDP or more - at a time when public debt levels in many countries were already high, if not unsustainable.
        Worse, the loss of income for many households and firms means that private-sector debt levels will become unsustainable, too, potentially leading to mass defaults and bankruptcies
      • High Level Abstractions:
        • (policy,risks)
        • (debt,risks)

    • WIP (Read more)
      • Unfortunately, even if the Greater Recession leads to a lackluster U-shaped recovery this year, an L-shaped "Greater Depression" will follow later in this decade, owing to ten ominous and risky trends.
        op buchholz1 OLIVIER DOULIERYAFP via Getty Images mnuchinpowell
        How Will the Great Cessation End.
        The first trend concerns deficits and their corollary risks: debts and defaults
      • High Level Abstractions:
        • (risks,u-shaped)
        • (risks,trends)
        • (recovery,risks)

    • WIP (Read more)
      • Pandemics and the many morbid symptoms of climate change will become more frequent, severe, and costly in the years ahead.
        These ten risks, already looming large before COVID-19 struck, now threaten to fuel a perfect storm that sweeps the entire global economy into a decade of despair
      • High Level Abstractions:
        • (economy,risks)
        • (covid-19,economy)

    • WIP (Read more)
      • Pandemics and the many morbid symptoms of climate change will become more frequent, severe, and costly in the years ahead.
        These ten risks, already looming large before COVID-19 struck, now threaten to fuel a perfect storm that sweeps the entire global economy into a decade of despair. By the 2030s, technology and more competent political leadership may be able to reduce, resolve, or minimize many of these problems, giving rise to a more inclusive, cooperative, and stable international order
      • High Level Abstractions:
        • (economy,global)
        • (economy,political)
        • (economy,technology)
        • Inferred entity relationships (1)
        • (economy,global,growth) [inferred]

    • WIP (Read more)
      • With millions of people losing their jobs or working and earning less, the income and wealth gaps of the twenty-first-century economy will widen further.
      • High Level Abstractions:
        • (economy,twenty-first-century)

    Target rule match count: 58.0 Challenge: 0.13 Momentum: 0.06 WIP: 0.31