![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj3H7-s_Je0lb0-_iaT4TBpqkze7arz3U6H7EX6mqi-Y-j7s_HBaU-T6dCKzlbd44bsVVR_EeAGoFHYwLJOUzI0xzETi8kFXkqJmzI5de5aeobL-DiR2JoZaM_4us9SuGu7ymGUTEodM7cCUmEcAHEdYFp32aayiB7eUzxrhvDubDHorOoykfH6jPoQ/s16000/512da086-1579-40fe-b6ec-ff2315de1d38.jpg)
Economic Experts and Contemporary Historians are reminding us of the global recession of the 1970s.
We are reminded of:
*1973 oil crisis
*Vietnam war
*1975 highest inflation in some countries
*America's inflation exceeding 8% in the 1960s and 70s
Some facts and figures to keep in mind when going through Dr Doom's global recession predications:
*2022 GDP of USA
US$ 24.88 trillion
*2022 GDP of China:
US$ 19.91 trillion
*2022 Global Debt:
over US$ 305
(a new record high!)
From:
Sospeter Muhongo
24.9.2022
https://fortune.com/2022/09/21/long-ugly-recession-dr-doom-nouriel-roubini/
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