The growth of the world economy slowed down. At any time, there may be a catastrophic global collapse, similar to what covered the planet in 2008. Where the trouble comes from, experts can not determine. Triggers may well be a trade war between the US and China. Saxo Bank analysts point out that the synchronous global growth of the economy, which experts predicted last year, does not occur. This is evident in the case of China's economies (where public investment has declined), the United States and the European Union,. RU".
The first to collapse is the Chinese real estate market. He grew only due to cheap loans, and now their number is sharply reduced. This threatens to destabilize. If there is a collapse, it will cause a chain reaction and lead to a banking and financial crisis first in China, and then beyond, including in Russia.
In the US, the tax reform of President Donald Trump is doomed to failure. It is not capable of giving the necessary impetus to the American economy. The retail and credit sectors have already begun to decline, the profitability of companies has declined. Hence, the growth of the US economy has already passed the peak and the country will soon be in recession.
In Europe, too, everything is bad. Eurozone is still too much dependent on exports, and the level of demand here is too low, experts say Saxo Bank. To make ends meet the EU is possible only through the deliberate weakening of the currency.
Any shock in the market can provoke economic collapse, analysts say. The question is what exactly will cause. The beginning of the end may be the trade war between Washington and Beijing. Protectionist measures have a bad effect on the value of companies, investors take their capital from the stock markets, preferring more reliable investment objects, for example, gold. This could lead to a stock-market collapse. Neither the US nor China is not interested in this, and therefore experts hope that the leaders of these countries will be able to agree.
International financial institutions, large banks and rating agencies give cautious forecasts for the future. This year the world economy will grow at the maximum rate since 2008. (3.1%), but then the decline will gradually begin. For Russia, the forecast is as follows: GDP growth by 1.5-1.8% this year and by 1.2-1.5% next year.
Russian experts are more optimistic. According to them, there are no threats of sharp recessions, while there are still chances to overcome trade disagreements between the US and China. The main thing is that the central banks of the leading countries should not overstep the stick in the fight against inflation. Reducing inflation will slow the growth of the world economy, and this is fraught with big problems.