Shares fell sharply on Wall Street in 2000, marking the beginning of a quarter-century of economic turmoil that would reshape the global economy and public mood. The dot-com crash, the housing bust, a manufacturing decline that fueled the rise of the MAGA movement, and the once-in-a-century shock of Covid-19 all contributed to a period of unprecedented economic upheaval.

According to Michael McKee, a Bloomberg TV analyst, the past 25 years have been marked by a significant shift in the global economy, with inflation returning to the forefront of economic concerns. "We've seen a return to inflation, which has been a major challenge for policymakers around the world," McKee said in an interview. "The Fed has had to raise interest rates to combat inflation, which has had a significant impact on the stock market and the overall economy."

Jason Furman, a former chairman of the Council of Economic Advisers, noted that the past 25 years have also seen a significant decline in globalization, with trade tensions and protectionism on the rise. "The decline of globalization has had a major impact on the US economy, particularly in the manufacturing sector," Furman said. "We've seen a significant decline in US manufacturing output, which has contributed to the rise of the MAGA movement."

Torsten Slok, a chief economist at Deutsche Bank, pointed to the impact of the Covid-19 pandemic on the global economy. "The pandemic has had a major impact on the global economy, with widespread lockdowns and supply chain disruptions," Slok said. "The pandemic has also accelerated the shift to remote work, which has had a significant impact on the office real estate market."

Stephanie Flanders, a Bloomberg TV analyst, noted that the past 25 years have also seen a significant shift in the global economic landscape, with China emerging as a major economic power. "China has become a major economic power, with a significant impact on the global economy," Flanders said. "The rise of China has also had a significant impact on the US economy, particularly in the manufacturing sector."

The past 25 years have also seen a significant shift in the global economic landscape, with the rise of the digital economy and the decline of traditional industries such as manufacturing and retail. According to data from the Bureau of Labor Statistics, the US manufacturing sector has declined by over 30% since 2000, while the retail sector has declined by over 20%.

The impact of the past 25 years on the global economy has been significant, with widespread job losses and economic disruption. According to data from the International Labor Organization, over 100 million jobs have been lost globally since 2000, with the majority of those losses occurring in the manufacturing sector.

In the aftermath of the Covid-19 pandemic, policymakers around the world are grappling with the challenges of rebuilding the global economy. According to the International Monetary Fund, the global economy is expected to grow by over 4% in 2025, with the US economy expected to grow by over 3%.

As the global economy continues to evolve, policymakers and analysts will be closely watching the impact of the past 25 years on the global economy. According to McKee, the key to rebuilding the global economy will be to address the underlying structural issues that have contributed to the economic turmoil of the past 25 years. "We need to address the underlying structural issues that have contributed to the economic turmoil of the past 25 years," McKee said. "This will require a sustained effort from policymakers around the world to rebuild the global economy and create a more stable and prosperous future for all."