Coming, the 10-year recession Government of India

0
88


NEW DELHI: The US and China are likely to face indirect warfare in a number of spheres, with major economist Norial Roubini predicting that the global economy will turn into a recession that lasts at least 10 years. Roubini predicts that there will be massive job losses and earnings declines, and that employment opportunities will decline significantly. Dr. Reubenik, who became world famous by forecasting the 2008 recession It was called Doom Number.

In the 10 years since the 2008 financial collapse, 22 million jobs have been created. Roubini pointed out that within two months of the arrival of Kovid, 30 million people lost their jobs.

ഭക്ഷ In many countries, food piracy may occur. People buy only essentials; Luxury items will be eliminated.

∙ In many developed countries, unemployment wages remain. Lost jobs will not return. Workers will be paid on an hourly basis. Robots and built-in intelligence and automation will suffice to replace workers.

വ്യാപാര Trade, technical, financial, investment, data, and communications wars will take place between the US and China. Other nations will probably stand by it. Either China or the US will have to use 5G, built-in intelligence and robotics. The US will soon sell Chinese 5G chips.

മുണ്ട് There is a link between climate change and epidemics. This is how HIV, SARS, MERS, H1N1, Zika, Ebola and Kovid came to be. The melting of the icebergs in Siberia may reveal viruses that have closed since the Stone Age. It is not known what they bring.

English Summary: Ten year financial crisis



Source link
https://www.manoramaonline.com/news/india/2020/05/24/ten-year-financial-crisis.html

LEAVE A REPLY

Please enter your comment!
Please enter your name here