One-third of world economy entering into economic crisis in 2023 - Worst Recession Ever
The International Monetary Fund is cautioning that approximately one-third of the global economy remains in danger of an outright recession in 2023, due to the fact that the three biggest economies, the U.S., EU and China, are all decreasing concurrently. How To Prepare Yourself For A Recession Ida Kristensen is a senior partnership in the New York Office, where Linda Liu works as a Partner. Roubini spoke to Bloomberg this week and stated that a recession will likely hit the U.S. by 2022. Then, it will spread globally next year. It could last for the whole of 2023. S&P Index data is owned by Chicago Mercantile Exchange Inc., and its licensors. Nouriel Roubini, economist, believes it could be in the U.S. by 2022 and then spread globally next year. It has the potential to continue for the entire 2023. It's a matter if it's possible and how difficult," Griffin stated last week at CNBC Delivering Alpha Investor Summit. Eventually, the Fed's rate hikes should broadly br...