2020s Might be Worse than the 1970s

bad news
A bad economy leads to a recession.

Historian Niall Ferguson says this decade could be worse than the 1970s. Why? Because we have the same inflation and oil shock, but a longer war, higher levels of debt, and less favorable demographics. He warns people not to be overoptimistic.

Published 8/3/2022. Read the full article.