A burst of good news can’t hide the economic hazards ahead in 2019

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Doomsayers warn of a slump as early as next year – and it might be too late to prove them wrong

Almost as soon as the world’s most eminent economic doomsayers began to warn about an impending slump, possibly as soon as 2020, policymakers were out of the blocks, racing to avert the worst effects.

The new year message from the International Monetary Fund (IMF) and a string of similarly gloomy commentators struck a chord, apparently within weeks of sounding the alarm that a global recession and possibly a credit crunch to rival 2008’s was on the way.

Related: What are biggest risks to the global economy in 2019? | Kenneth Rogoff

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Source: china
Link : A burst of good news can’t hide the economic hazards ahead in 2019

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