View full page at metalsmine.com

 

Krugman expects to see a global recession this year, warns 'we don't have an effective response'

From cnbc.com

There is a significant chance the world economy is headed for a recession in 2019, according to Nobel Prize-winning economist Paul Krugman. Market participants are increasingly worried about the prospect of a serious economic downturn in the coming months, with a long-running U.S.-China trade war souring business and consumer sentiment. Most economists, as well as some the world's business elite, agree that economic growth is slowing but policymakers have expressed some hope for a soft landing rather than an outright recession. Speaking at the World Government Summit in Dubai on Sunday, Krugman expressed skepticism ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis