UNITED NATIONS WARNED THE WORLD OF A PROLONGED RECESSION, THIS TIME STRONGER THAN IN 2008.
RESULTED BY THE CONTINUED INTEREST RATE HIKES, AND FISCAL STIMULUS TO FIGHT INFLATION
THE INTEREST RATE HIKE BY THE US ALONE WILL CUT $360 BILLION FUTURE INCOME FOR ASIA [EXCLUDING CHINA]
THE INTEREST RATE HIKE BY THE US ALONE WILL CUT $360 BILLION FUTURE INCOME FOR ASIA [EXCLUDING CHINA]
STRONG DOLLAR MEANS EXPENSIVE IMPORT
STRONG DOLLAR MEANS EXPENSIVE IMPORT
SURVEY OF THE WORLD ECONOMIC FORUM AMONG EMINENT ECONOMISTS SHOWS 7 OUT OF 10 ECONOMISTS BELIEVE RECESSION IS APPROACHING.
SURVEY OF THE WORLD ECONOMIC FORUM AMONG EMINENT ECONOMISTS SHOWS 7 OUT OF 10 ECONOMISTS BELIEVE RECESSION IS APPROACHING.
NED DAVIS, A RESEARCH FIRM FAMOUS FOR ITS GLOBAL RECESSION PROBABILITY MODEL, SAID CHANCES ARE 98.1% BY 2023
NED DAVIS, A RESEARCH FIRM FAMOUS FOR ITS GLOBAL RECESSION PROBABILITY MODEL, SAID CHANCES ARE 98.1% BY 2023
AT THIS MOMENT CENTRAL BANKS OF DEVELOPED COUNTRIES DO NOT HAVE ANY OTHER CHOICE THAN CONTINUE RATE HIKES TO PROTECT THEIR CURRENCY AND CONTROL INFLATION.
AT THIS MOMENT CENTRAL BANKS OF DEVELOPED COUNTRIES DO NOT HAVE ANY OTHER CHOICE THAN CONTINUE RATE HIKES TO PROTECT THEIR CURRENCY AND CONTROL INFLATION.
RESULT OF RECESSION: INCREASE IN UNEMPLOYMENT, FALL IN OUTPUT RESULTING IN BUSINESS CLOSURE
RESULT OF RECESSION: INCREASE IN UNEMPLOYMENT, FALL IN OUTPUT RESULTING IN BUSINESS CLOSURE