BRICS De-Dollarization & US Recession: Major Bank Predicts Hard Landing
Is the American economy headed for a crash? Alongside BRICS de-dollarization efforts, one major bank has predicted a hard landing Recession for the US in the next 18 months. The increasing momentum of the BRICS bloc, and their push for alternatives to the US dollar, are raising concerns about the stability of the US economy.
BRICS Exit from the Dollar: A Final Blow?
La sortie des BRICS du dollar, le coup de grâce à l’économie américaine ? The BRICS exit from the dollar isn't just a headline; it's a tangible movement impacting global finance. As the BRICS bloc has continued to embrace de-dollarization, one major bank has predicted a “hard landing recession” for the US.
Morgan Stanley's Gloomy Prediction
Morgan Stanley, a leading American banking group, has made a gloomy prediction for the American economy. Specifically, Morgan Stanley has foreseen significant economic challenges within the next year and a half, citing the BRICS nations' growing economic independence.
JPMorgan Joins the Chorus: US Recession Warnings Intensify
Amid BRICS de-dollarization work, two major banks have issued US recession warnings. Among them is JPMorgan. Indeed, the bank had increased the probability of a severe economic downturn, further fueling anxieties about the US's financial future.
Hard Landing Recession Predicted: What Does It Mean?
As the BRICS bloc has continued to embrace de-dollarization, one major bank has predicted a “hard landing recession”. This term signifies a sharp and painful economic downturn, characterized by significant job losses, decreased consumer spending, and a contraction in overall economic activity. Alongside BRICS actions against the greenback, one major US bank has predicted a hard-landing recession for the US in the next 18 months.
The future of the US economy hinges on several factors, including the continued impact of BRICS de-dollarization efforts. Stay tuned for further updates as the situation unfolds.