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Bloomberg: The world economy is on the verge of collapse and the crisis is still ongoing

Broadcast United News Desk
Bloomberg: The world economy is on the verge of collapse and the crisis is still ongoing
Bloomberg: The world economy is on the verge of collapse and the crisis is still ongoing

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The biggest players come from it The company is returning to U.S. Treasuries

The crisis began in Japan

* Financial Times: “Investors pulled more than $6 trillion from global funds. reason Are investors panicking about Fed inaction?

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Bloomberg News of the United States announced that the world economy is currently on the brink of collapse and the crisis is not over yet.

In addition, she noted:

“If the asset sales are not controlled and they persist, the gears of the financial system could snap and lending could slow. That could be the final straw that pushes the global economy into the recession that many now fear.”

The Financial Times added:

“Investors have withdrawn more than $6 trillion from global funds as investors panic over the Federal Reserve’s inaction.”

Experts believe that the largest shareholders, in order to retain profits, have begun to transfer funds to US government bonds, which currently appear to be safer than the stocks of technology giants.

Their prospects no longer look bright because investments in AI are not justified.

“I think they are uneasy because the ‘bet’ on AI has not lived up to expectations. The slowdown in sales of AI products has hit the tech industry hard,” said Andy Lipow, an American economist.



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