The news from this giant volcano suggests world economy getting worse — and the U.S. may be to blame

Posted on AllSides July 20th, 2022
From The Center
NEIL SCHEIBELHUT/AGENCE FRANCE-PRESSE/GETTY IMAGES

When MarketWatch last reported on data from the Mauna Loa Observatory, it painted a pretty grim story of the global economy, in April.

That observatory, on the world’s second-largest volcano, measures carbon dioxide in the atmosphere. And the decline in the 12-month average of the year-over-year change in parts per million of atmospheric carbon dioxide preceded the declines in economically sensitive commodities like oil CL.1, +0.03% and copper HG00, 1.22%.

Now the news from the volcano is that the rate at which carbon dioxide is accumulating in June dropped to the levels that were typical at...

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https://www.marketwatch.com/story/the-news-from-this-giant-volcano-suggests-world-economy-getting-worse-and-the-u-s-may-be-to-blame-11658313354

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