17
Jun
It is sad to say that 2022 started on the wrong foot. The crisis in Ukraine, the Russian sanctions, China's ‘Zero COVID’ policies, soaring inflation, and interest rate hikes by the US Federal Reserve (The Feds), are all expected to stifle economic growth. In this post, we will discuss the global recession and the possible signs of the global recession. Global Recession The concern is whether worsening circumstances and ill-advised policy decisions will cause the global economy to slump even further. The odds of a recession are 35%, says one of Biden's favorite economists, Mark Zandi. The bottom line is,…