Another Great Depression in the making?
A bleaker global outlook can arise from the reliance on the dollar, deflation, and a lack of leadership, at a time of weak growth and an impending rate hike
Add BT as a preferred source
THE question might seem risible.
After all, the US economy is evidently full of health, even if the data is somewhat volatile.
However, the Great Depression was signalled well before the US began to slow in 1929. It was visible in Australia as early as 1927, and began spreading through the periphery (today's emerging markets and commodity producers) in 1928 and from there into the global economic core.
TRENDING NOW
NDR 2026: Singapore to create new Western island to support 'new generation of industries'
MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks
E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan
Asia-Pacific aviation: is up really the only way?
