One-third of world economy going into economic downturn This Year - Worst Recession Ever
The International Monetary Fund is alerting that up to one-third of the worldwide economy remains in danger of a straight-out economic crisis in 2023, since the three most significant economies, the U.S., EU and China, are all slowing down at the same time. How To Prepare For A Recession Ida Kristensen, a senior partner in New York's office, is Linda Liu, a partner. Roubini, in an interview with Bloomberg this Week, stated that a recession would likely hit the U.S. at the end of 2022 and spread worldwide next year. S&P Index data is owned by Chicago Mercantile Exchange Inc., and its licensors. Nouriel Roubini (economist) says that it could be in the U.S. by 2020, before spreading globally next years. It is expected to last for the whole of 2023. It's just a matter of how hard and when it will be done," Griffin said last week during the CNBC Delivering Alpha Investor Summit. The Fed's rate rises will eventually bring down costs. In the meantime consumers are faced w