Bigger Recession than 2008 ??
Bigger Recession than 2008 ??
India ,Turkey and Brazil, leading to currency depreciations.
US-China trade dispute.
Global stock markets are falling and the price of gold is rising .
The price of oil is rising to economically damaging levels.
Interest rate increases have made borrowing more expensive.
China's economy is in big trouble.
Higher US interest rates have helped strengthen the dollar.
Brexit and newly elected anti-globalization governments in Italy and elsewhere are disrupting global trade and may end up being catalysts for the next big downturn.
Italy could very well trigger the next global crisis due to the recently elected right-wing populist government is planning to significantly increase public spending, which has the potential to cause a financial crisis that could spread within Europe and even globally.