We have a 98% chance of a global recession
18:11
There are growing signs around the world that the global economy is headed for a collapse. CNN suggests that we should not be thinking about whether a recession will happen, but when it will happen. According to the Ned Davis research firm, there is now a 98 percent chance of a global recession. The probability of a recession has only been this high twice before – in 2008 and 2020.
Experts predict that a recession is likely in 2023, but they cannot predict its strength and how long it will last. What is known is that it will hurt.
