As Global Order Crumbles, Risks of Recession Grow

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Nations’ commitment to open markets is disintegrating. Resulting shifts are pushing the global economy closer to recession, greg_ip writes.

The world learned in the early 1970s that the era of cheap oil was over, in the early 1980s that countries could default, and a decade ago that American mortgages and global banks aren’t safe.

Today, a similar rethink of globalization is under way. From Washington to Buenos Aires, nations’ mutually reinforcing commitment to open markets is disintegrating. In response, investors are rearranging portfolios, businesses are rethinking...

 

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greg_ip Ojo!!!

greg_ip the economy is on the rise, this is the merit of our president. i will support him

greg_ip The elites, federal reserve central bank mafia’s, final revenge! Recession

greg_ip This trump tariff war is coming home to roost and causing economic disaster.Why else would he pull the tariff threat for September if it works?!BECAUSE Americans are actually starting to realize the increased cost in goods and services.Why an increase in farm welfare in the US?!

greg_ip Yeah so glad the publication of business supported the dipshit president who is currently wrecking the world economy.

greg_ip Thanks for supporting Trump, then! Yes, that was sarcasm.

greg_ip Who knew electing a 7 times bankrupt nationalist would have a negative impact on the economy... There was no way to know really..

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