Are we heading for a global recession?
The world’s two biggest economies are fighting a trade war, European growth is slowing and global manufacturing data looks grim.
How likely is it?
QUITE LIKELY. We - and economists and 4 experts - just don't know when but it is coming . . .
Nice to wake up to that, huh?
IT'S AVAILABLE NOW FOR BROADCAST > https://www.bbc.co.uk/programmes/w3csytgm
Please take the time to listen.
It's very informative in straight-forward language we can all understand.
It's all NOT A MYSTERY
Central Banks and Governments don't have "all the tools" to use when there are clashing forces that upset the normal prognosis to predict a recession.
Global Wars and Trade Wars have messed-up that time-honored analysis and economists have rarely been right predicting recessions ahead of time
