One-third of world economy entering into economic downturn in 2023 - Huge Economic Crash
The International Monetary Fund is warning that approximately one-third of the international economy remains in threat of a straight-out economic crisis in 2023, due to the fact that the 3 biggest economies, the U.S., EU and China, are all decreasing concurrently. Ceos, Economists And Others Warn That A Severe Recession Is Imminent Ida Kristensen is a senior partner in the New York office, where Linda Liu is 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 S