137: A “Soft Landing” Looks Shaky as Recession Risk Starts to Rise w/Bloomberg’s Anna Wong
The Chinese economy is facing one of its most significant tests in years. With real estate prices falling off a cliff, unemployment skyrocketing, and a currency crisis, Asia’s largest economy could hit even harder times ahead. But this doesn’t mean the rest of the world will remain unaffected. In the US, recession risks are starting to rise as hopes of a “soft landing” are gradually fading away. With inflation still rearing its ugly head and American households running out of cash savings, the worst could be yet to come.
To give us a global view of the economy is Bloomberg LP’s Chief US…
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