The World Bank has slashed its 2023 global economy growth outlook to 1.7% from its earlier projection of 3% and is warning of the risk of a global recession. “Global growth has slowed to the extent that the global economy is perilously close to falling into recession,” the World Bank said this week, pointing to […]
Household savings also down.
The eurozone’s economy is now spluttering, recording just a 0.2% increase from the previous quarter, Eurostat also said in a release.
‘Printing money’
‘Faster than feared’
Pound also slumps
Gas prices ten times that of 2021
Larry Summers is not a politician, and therefore has a little bit more leeway when it comes to telling the truth about the likely path ahead.
‘Fireball’ recession?
“WE’RE IN THE BEGINNINGS OF A RECESSION”: Rural Independents on energy crisis.
The World Economic Forum, incidentally, has become a sort of corruption of itself.
This question that hasn’t been asked..but really needs to be.