2023 will likely be ‘worst of it’ for global economic storm: expert
The worst of the global economic storm that’s been brewing will likely hit next year, according to Eurasia Group founder Ian Bremmer.
Years of economic disruption caused by the COVID-19 pandemic, the continuation of the Russia-Ukraine war, and an energy supply crisis in Europe have caused inflation rates to skyrocket around the world.
But the challenges will likely continue to trend in the wrong direction in the coming months, Bremmer warned in an interview with The West Block‘s Mercedes Stephenson.
“I think that 2023 is probably going to be the worst of it,” he said, adding that it will be “very easily more challenging than what we’ve seen over the past months.”