How bad do you expect the recession to be and why? Give reasons too
I really don’t know, the FED is keeping the markets stable by not letting regional banks fail and make interventions just in the nick of time.
IT in india is just waiting for stronger pipeline but since costs in India are low, they are waiting it out longer than usual without significant layoffs
Manufacturing is fineish
Everything seems drawn out for some reason. i feel the economy is held together by a band-aid
More than recession which is structural for now (interest rates will cool off demand and decrease revenues for firms)
The bigger issues in front of the world are a new world order - this change is slow but can have a significant impact on global trade, currency rates, investment flow and geopolitical stability.
NWO- BRICS and Middle East joining hands to create a new currency mechanism for trade, this will irk western world.
