Title is unfortunate, a bit sensationalist. It’s about the decline of the world’s GDP due to Geopolitical tensions.
"However, depending on economies’ ability to adjust to the new divisions in world trade, losses could reach as much as 7% of world GDP. The fragmentation of foreign direct investment into two blocs centred around the US and China – with some countries remaining non-aligned – could also result in long-term global losses of about 2% of GDP.
Oh no, not all the GDP gains that were created ever since wage growth stopped tracking productivity!