Part 7/8:
This not only threatens to deepen economic fragility but also undermines the stability of global supply chains, which are vital for economic resilience. The current outlook signals one of the gloomiest periods in recent multilateral trade history.
Broader Economic Red Flags
In addition to trade tensions, other red flags signal economic fragility, such as surging corporate bankruptcies in the United States. These indicators suggest that the US economy might be heading toward a more significant slowdown unless policy directions shift favorably.