The world is in crisis mode: New sources of fire are constantly emerging
Energy shortages, record inflation, huge jumps in interest rates, falling share prices, collapsing currencies: the signs are pointing to a storm. A global recession is looming.
![Cooling labor market: Jerome Powell, President of the US Federal Reserve, warned at a media conference that combating inflation is “not painless”.](https://i0.wp.com/cdn.unitycms.io/images/7f4eRAfx4QaBJ0nu3hX245.jpg?resize=1200%2C788&ssl=1)
Cooling labor market: Jerome Powell, President of the US Federal Reserve, warned at a media conference that combating inflation is “not painless”.
Photo: Drew Angerer (Getty Images/AFP)
A week of economic horrors is behind us. This raises fears of a new financial and debt crisis. Are they eligible? There are increasing signs that the pessimists are right:
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