Concerns about the global economy
Geopolitical Futures predicted that the International Monetary Fund will release some pretty discouraging forecasts next week, as various risks in the global economy begin to materialise. Foremost among them, according to the IMF head, is the US trade war, which threatens to negatively affect trade, investment, and manufacturing worldwide. And, the bad news doesn’t stop there. The IMF reports also bode ill for emerging markets, whose portfolios could lose as much as $100 billion. Argentina, Turkey, Indonesia, South Africa, and Pakistan are especially vulnerable. Finally, the reports made sure to note how concerned the IMF was about total global debt, which now stands at $182 trillion.