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Does 2024 herald serious economic shocks? Expert warns
- Time: 2023/11/12 11:55:44
- Read: 1,183 times
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{Economic: Al-Furat News} Energy expert Majeed Abdul Mahdi Al-Nashi warned of “dangerous” structural changes that the world will witness in all fields.
Al-Nashi, a former expert at the United Nations, said in a statement, a copy of which was received by {Al-Furat News}, that “after the size of the American debt reached a dangerous level, exceeding the barrier of 33 trillion dollars, and the amount of servicing this debt reaching one trillion dollars annually, the American rating agency {Moody's} rings the alarm bell, and adjusts the credit rating of the United States from stable to negative.
He stated, “This indicator is considered dangerous to the American and global economy,” asking, “Will 2024 witness serious economic shocks?”
Al-Nashi stressed, “All indicators confirm that the world is facing changes and risks as a result of the world’s economic locomotive {the United States}.”
He added, "Is the dollar losing its prestige against the {Chinese yuan}?" Noting that "this indicator is evidence that the world will witness structural changes in all fields."
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{Economic: Al-Furat News} Energy expert Majeed Abdul Mahdi Al-Nashi warned of “dangerous” structural changes that the world will witness in all fields.
Al-Nashi, a former expert at the United Nations, said in a statement, a copy of which was received by {Al-Furat News}, that “after the size of the American debt reached a dangerous level, exceeding the barrier of 33 trillion dollars, and the amount of servicing this debt reaching one trillion dollars annually, the American rating agency {Moody's} rings the alarm bell, and adjusts the credit rating of the United States from stable to negative.
He stated, “This indicator is considered dangerous to the American and global economy,” asking, “Will 2024 witness serious economic shocks?”
Al-Nashi stressed, “All indicators confirm that the world is facing changes and risks as a result of the world’s economic locomotive {the United States}.”
He added, "Is the dollar losing its prestige against the {Chinese yuan}?" Noting that "this indicator is evidence that the world will witness structural changes in all fields."
Share if you like
[You must be registered and logged in to see this link.]
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