The current gap between US market highs and international economic realities is precipitating a global recession by 2020, given the current trends.Read More
About the Author
Dr Dan Steinbock is an internationally recognized strategist of the multipolar world. and the founder of Difference Group. He has served at the India, China and America Institute (USA) , the Shanghai Institutes for International Studies (China) and the EU Center (Singapore). For more, see www.differencegroup.net.
Compared to pre-2008 crisis levels, world economic growth has plummeted by half and is at risk of a long-term, hard-to-reverse stagnation.Read More
In the Shangri-La Summit, the Trump administration introduced an Indo-Pacific strategy aimed largely at benefiting the interests of defense contractors.Read More
As US-Sino trade talks will give way to next trade wars, new tariff wars will not resolve US deficits but will further impair global economic prospects.Read More