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According to the NBER: A recession involves a significant decline in economic activity that is spread across the economy and lasts more than a few months. The Now, as the BRICS alliance is seeking to embolden its de-dollarization plans, one US economist says a recession is nearing. Specifically, top economist David Hace 3 días US Recession Monitor – Economy at risk despite de-escalation. From tariff threats to rising interest rates, mounting pressures signal growing challenges for US economic The US could be sleepwalking into a recession, and signs of a downturn in key areas of the economy are starting to show, according to top economist David Rosenberg. The global economic perspective has undergone a massive shift over the last year Indeed the US dollar has been losing ground as countries across the globe seek Investors are ignoring the risks of market turmoil and a recession in early 2025, Steve Hanke warns. The full impact of the decline in US money supply hasn't been felt Shocks to the economy have led to an increased risk of a recession in the U.S. economy. We have increased our recession probability to 55% over the next 12 months.

BRICS Economist Warns: Is the US Sleepwalking Into a Recession?

The global economic landscape is shifting, and concerns are mounting about the state of the US economy. A leading economist with ties to the BRICS alliance is sounding the alarm, suggesting the United States may be sleepwalking into a recession. But what are the warning signs, and how does the BRICS nations' de-dollarization agenda play a role?

According to top economist David Rosenberg, signs of a downturn are emerging in key sectors. He isn't alone in his assessment; analysts at other firms have pointed to similar trends.

Key Indicators Point to Potential Economic Weakness

Recent economic data suggests that the US economy faces growing challenges. Rising interest rates, lingering effects of past tariff threats, and other pressures are contributing to an environment of increased uncertainty. Shocks to the economy have led to an increased risk of a recession in the U.S. economy. We have increased our recession probability to 55% over the next 12 months.

De-dollarization and the BRICS Alliance

Now, as the BRICS alliance is seeking to embolden its de-dollarization plans, the focus on alternatives to the US dollar is intensifying. The global economic perspective has undergone a massive shift over the last year. Indeed the US dollar has been losing ground as countries across the globe seek alternatives.

Defining a Recession: What to Look For

It's crucial to understand what constitutes a recession. According to the NBER: A recession involves a significant decline in economic activity that is spread across the economy and lasts more than a few months. This broad-based decline is what economists will be watching closely.

Is the Market Ignoring the Risks?

Some analysts believe investors are underestimating the potential for economic turmoil. Steve Hanke warns that investors are ignoring the risks of market turmoil and a recession in early 2025. The full impact of the decline in US money supply hasn't been felt yet.

US Recession Monitor: Economy at Risk?

The US Recession Monitor is signaling caution – Economy at risk despite de-escalation. From tariff threats to rising interest rates, mounting pressures signal growing challenges for US economic health.

While the future remains uncertain, it's vital to stay informed about these potential economic challenges and their implications.

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