Global Economy ‘Perilously’ Close to a Recession |Vantage with Palki Sharma. Covid-19, Russia’s war in Ukraine, Europe’s energy crisis has all coalesced into a massive catastrophe for the global economy. Will the world be forced into a recession? Palki Sharma tells you more.
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BREAKING: Recession News
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According to recent reports, the global economy is on the brink of a recession, and experts suggest that multiple factors are contributing to the impending crisis.
On the surface, the global economy appears to be robust, with the stock market continuing to soar and unemployment rates remaining low in many countries. However, a closer examination of certain economic indicators reveals a more troubling picture.
One of the most significant contributing factors to the looming recession is the ongoing trade war between the United States and China. The two superpowers have been locked in a battle over tariffs and trade deals, causing significant uncertainty for businesses around the world.
As a result, global growth has slowed down, and many companies have been forced to cut production or halt investments altogether. This has led to a decline in the demand for goods and services, which could cause further economic instability.
Another factor contributing to the uncertain state of the global economy is the rise of protectionism. Many countries have begun to enact protectionist policies, which restrict trade and create an environment of economic nationalism. These policies have the potential to undermine global cooperation and further damage the economy.
Additionally, the uncertainty caused by Brexit has also played a role in the global economic downturn. The UK’s exit from the European Union has created a great deal of instability, with many businesses unsure how to proceed, and investors worried about the potential consequences.
Finally, there is also the issue of rising debt levels, which could spell disaster for the global economy. With nations around the world incurring large amounts of debt, there are concerns that a financial crisis could be looming, causing widespread economic damage.
Overall, the global economy is in a precarious state, and experts warn that it is perilously close to a recession. If significant action is not taken to address the various contributing factors, the consequences could be severe, with long-lasting effects on the economies of countries around the world.
Gold & US Dollar | Money & Monetary System | Bretton Woods | World Currency System | Documentary
"A documentary on this decline would help".
Damn she was spot-on to bbc
Omg why are you guys some much worried about recession? You said same shit in 2022.
Shame on you guys. The complete 5years stat is here. You can check it for N number of years online.
US 2017 – 2.3
US 2018 – 2.9
US 2019 – 2.5
US 2020 – (2.8) -ve during covid
US 2021 – 5.3
US 2022 – 2.5
I don’t know what are your intentions that you guys are reporting false information.
Agar bhala kisi k kar na sako to bura kisi ka mat karna.
Whatever it is guys, I hope you well.
Global average GDP growth is 1.7 percentage whereas greater India's GDP is 6 to 6.7 percentage…
Good job done by the world legend Bravo honest great leader Modi ji BJP government
Clear message to BCC – "Documentary on this decline will help"
Palkiji Russia is doing good with GDP growth, UK USA and EU helping Russia by purchasing finish oil products from India made from Russian oil. See the hypocrisy
Excellent coverage on global recession. India,Brazil,Australia needs to concentrate on textile and sugar industries ,more to create more and speedy jobs. Dr.Patil.
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 so far looks like a year a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $280,000 savings to turn to dust
"India and China will play a vital role. They will drive the global economy".
I think this quote by Palki, should be put on billboards all over India in 2023.
Thanks Palki !
Hamesa negative baat
Interesting analysis. Optimistic about India.
The World is so inter dependent, yet each Nation has its own pride & conflict zone.
Wars shoud be avoided for the betterment of All.
Indian Economy has managed Covid so nicely & recession is a western concept.
Increased borrowing rates and still-high inflation are expected to steadily weaken consumer and business spending. Businesses will likely pare expenses in response, which could lead to layoffs and higher unemployment. And a likely recession in the United Kingdom and slower growth in China will erode the revenue and profits of American corporations. Such trends are expected to cause a U.S. recession sometime in the coming months, i recently read an article about someone that accrued over $250k in this current market crash, and I could really need ideas on how to achieve similar profits.
Mrs palki pls check China as involved with BBC to destroy India.
U people said isko kuch nahi milegaa chal nikal..
Trust the Yanker to screw up the global economy by annoying Tiongkok.
I will not be able to rely on your data anymore after seeing your report on budget and the developments. I had high regards …Highly disappointed!!!
वो कहानी ! बेड़िया आया ! भेड़िया आया !! भेड़िया आया!!! कह कर दूसरों को बहकाने वाला अंत में खुद फंस गया ।
'You' can fool some people for some time, you can fool all the people for some time BUT you can't fool ALL the people for ALL THE TIME.
No Mam, it is not inevitable, on the contrary it artificially created just like that of VOVID19, which had it's natural death. 'They' did not succeed & achieve their evil intention so now moved to another, different boxing ring. Ha ha ha haaaa.
Please do a report on why GBP, Euro, USD conversion are still high & keep fluctuating.
Brilliant articulation and nice presentation, in the first few episodes itself fallen in love with first post and Vantage thanks to Ms Palki Sharma, have made my daughter also watch these episodes, best wishes