Recession Coming?

Published: 4 January 2019

According to the Guardian “We are due a recession in 2020 – and we will lack the tools to fight it”. By “. But by 2020, the conditions will be ripe for a financial crisis, followed by a global recession. There are 10 reasons for this. First, the fiscal-stimulus policies that are currently pushing the annual US growth rate above its 2% potential are unsustainable. By 2020, the stimulus will run out, and a modest fiscal drag will pull growth from 3% to slightly below 2%.” Read more