Former Treasury Secretary Larry Summers Predicts Looming Recession and Two Million Job Losses
12 days ago
In a stark warning for the United States economy, former Treasury Secretary Larry Summers has raised concerns that the country is on a trajectory towards a significant recession. Speaking to reporters, Summers highlighted a series of economic indicators and trends that he believes suggest that the US could see job losses in the range of two million in the coming months.
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UK Economy Warned to Brace for More Frequent Recessions
3 months ago
The United Kingdom is bracing for a period of economic instability, with leading economists predicting an increase in the frequency of recessions in the coming years. This warning comes amid concerns about the country’s sluggish growth trajectory and rising inflation pressures that continue to challenge the financial landscape.
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