One-third of world economy going into economic downturn in 2023 - Worst Recession Ever
The International Monetary Fund is alerting that approximately one-third of the worldwide economy is in danger of a straight-out economic crisis in 2023, due to the fact that the three biggest economies, the U.S., EU and China, are all slowing down at the same time. How To Prepare In Case Of Recession Ida Kristensen is a senior partnership in the New York Office, where Linda Liu works as a Partner. In an interview with Bloomberg this week, Roubini said that a recession is likely to hit the U.S. by the end of 2022 before spreading globally next year, conceivably lasting for the entirety of 2023. S&P Index data is owned by Chicago Mercantile Exchange Inc., and its licensors. Nouriel Roubini estimates that it could arrive in the U.S. before spreading to other parts of the world next year. The potential for it to last until 2023 is possible. It's just a question of when, and frankly, how hard," Griffin said last week at the CNBC Delivering Alpha Investor Summit. Eventually, th...