IMF Warns of Global economy faces tougher year in 2023
The International Monetary Fund (IMF) has warned that 2023 will be a tougher year for most of the world economy because the U.S., EU, and Chinese economies are all slowing down simultaneously. “We expect one-third of the world economy to be in recession … Even countries that are not in recession, it would feel like recession for hundreds of millions of people,” said IMF chief.
Next year will be a tough year for China. And that translates into negative trends globally.
We expect one third of the world economy to be in recession … Even countries that are not in recession, it would feel like recession for hundreds of millions of people.
Is this all intentionally planned?
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