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Economic Outlook 2025: What's the worst that could happen?


Published on 2024-11-29 13:30:55 - Brian Stokes, N@N
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  • Our economics team outlines possible upsides and downsides for 2025, and talks to bank CEOs and other heavy hitters about what may lie ahead

The article from The Globe and Mail, titled "Economic Outlook 2025: What's the Worst That Could Happen?" explores potential economic downturns and crises that could unfold by 2025. It discusses various scenarios including a severe global recession triggered by factors like a sharp rise in interest rates, geopolitical tensions escalating into conflicts, or a significant policy misstep by major economies. The piece also considers the impact of climate change, with potential for devastating natural disasters affecting global supply chains and economies. Additionally, it touches on the possibility of a major cyberattack disrupting financial systems worldwide, and the ongoing challenges posed by high debt levels, inflation, and the potential for a housing market crash. The article emphasizes the unpredictability of economic forecasts but underscores the importance of preparing for worst-case scenarios to mitigate risks.

Read the Full The Globe and Mail Article at [ https://www.theglobeandmail.com/business/rob-magazine/article-economic-outlook-2025-whats-the-worst-that-could-happen/ ]
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