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HSBC fears world recession with no lifeboats left

The world economy is disturbingly close to stall speed. The United Nationshas cut its global growth forecast for this year to 2.8pc, the latest of the…

Chief Economist for One of the World’s Largest Banks: “The World Economy Is Like An Ocean Liner Without Lifeboats. If Another Recession Hits, It Could Be A Truly Titanic Struggle For Policymakers”

HSBC is the world’s largest bank outside of the U.S. and China, the largest in the UK, and the 9th largest bank in the world overall.…

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Stephen King

HSBC fears world recession with no lifeboats left

Chief Economist for One of the World’s Largest Banks: “The World Economy Is Like An Ocean Liner Without Lifeboats. If Another Recession Hits, It Could Be A Truly Titanic Struggle For Policymakers”