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A new kind of global recession: Why this time is different | Business Beyond

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The global economy is at an inflection point. The IMF projects that a third of the world economy will be in recession next year.
War in Europe, a slowdown in China and soaring inflation have contributed to widespread pessimism around a growing, multifaceted economic crisis.
In this episode, we will untangle the threads of the looming global recession. By comparing the current state of the global economy to the 2008 financial crisis, we will be exploring what makes this downturn different.

Chapters
00:00 Intro
01:19 What’s a recession
03:13 Recap of the 2008 crisis
04:47 Supply crisis
06:23 Inflation
08:49 Hiking interest rates
10:58 Strong labour market
13:15 China’s Zero Covid policy
17:43 Countries bucking the trend
20:06 Conclusion

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#recession #inflation #economy
Category
Europe
Tags
DW News, Recession, Inflation
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