Today: Monday, 5 December 2022 year

In the United States compared the impending global crisis with a train crash

In the United States compared the impending global crisis with a train crash

Threats in the global economy are increasing significantly, Nouriel Roubini, former senior international economist at the US Council of Economic Advisers and New York University professor.

“The global economic situation is like a train wreck in slow motion,” he said.

In his book, MegaThreats: 10 Dangerous Trends Threatening Our Future and How to Survive Them, published in October, the professor wrote that he predicted a phenomenon in the next decade, which he dubbed the “Mother of all debt crises.”

Nesweek also cites data showing that the US consumer price index rose by 8.2 percent and monthly inflation by 0.4 percent.