[theold]

“Under this scenario, both the United States and the euro area experience near-zero growth next year, with negative knock-on effects for the rest of the world,” Gourinchas said.

According to the report, the likelihood of a global recession is rising. It said the probability of a recession starting in one of the Group of Seven advanced economies was now nearly 15%, four times its usual level.

https://www.japantimes.co.jp/news/2022/0...f-warning/

[Ola]

Waiting for our OVER- paid, OVER- crowded, OVER- educated

PAP Ministers to shine and give solutions

[Niubee]

Shiok siah. Been waiting