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Economic Outlook: This Chart Suggests a Global Economic Collapse in 2015
Monday, July 6, 2015 4:13
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While investors worry if a Greek debt default could bring on a global economic collapse in 2015, one indicator suggests the crisis has already begun.
According to the World Trade Monitor, world export prices in April declined by 15.8% year-over-year. This represented the biggest decline since the financial crisis of 2008 and could be an indication that the global economy is already in the midst of a deep recession.
Continue Reading>> Economic Outlook: This Chart Suggests a Global Economic Collapse in 2015
