Photo: Brendan McDermid / Reuters
The risk of recession in the US economy in the next 12 months is 27 percent. To this conclusion came experts of Bloomberg. In General, according to experts, the current situation though is a concern but is not critical.
Fears of an impending recession in the country resulted in the aggravation of the trade war the US and China, as well as the difficult situation in the us manufacturing sector. Bloomberg emphasizes that large-scale recessions in the us economy was already more than ten years — since the global crisis of 2008.
In early October the world trade organization (WTO) dramatically worsened the forecast of growth of world trade in 2019. To revise the indicators had to because of trade disputes, the U.S. and China. According to analysts, the indicator in the current year will increase by only 1.2 percent is the minimum value over the past 10 years.
Video, photo All from Russia.