“The worst is yet to come.” A famous American magazine talks about dangers that may face the world in 2023

Al-Marsad newspaper: The American magazine, “The National Interest”, said that 2023 may be one of the most challenging years in decades, because “the global landscape remains more volatile and ambiguous than at any time in modern history.”

the states United and China

Within the framework of listing the dangers of the current year, the magazine says that the United Kingdom has fallen into a state of recession, and as for the United States, the recession is likely to be shorter and less severe than in Europe, which is under pressure, due to its geographical proximity to the conflict in Ukraine, and its traditional dependence on energy directly from Russia.

As for China, once it adapts to Corona during 2023, its economy will recover. However, the recovery of Chinese demand following the epidemic may lead to higher inflation in Western economies.

And mounting debt in emerging markets has become largely unsustainable. Several countries may stumble during 2023, resulting in a series of sovereign debt defaults, especially in Africa, unless coordinated and effective restructuring efforts are launched.

And just before the end of 2022, Ghana reached a last-minute bailout deal with the International Monetary Fund. Others will likely follow in 2023.

apprehensions on me investment Global

The National Interest warns that investors should prepare for the possibility of a “haircat” obtaining their assets (that is, a deduction from the value of these assets before they are returned).

The newspaper says that the worst is yet to come, as the situation in Ukraine will deteriorate in the coming weeks and months. This is because Russia is preparing to launch a major offensive in the first half of 2023, following recruiting more than 200,000 new people in the months leading up to the end of 2022. There is no ceasefire in the near future due to the lack of trust between the parties to the conflict, as well as the lack of incentive to conduct negotiations. serious at this time.

The morale of Russian forces and access to resources pose serious challenges for Putin in his quest for victory.

Height pace tensions

And the newspaper considered that during the year 2023, tensions between the United States and China will remain dangerously high on several fronts, especially around Taiwan and the South China Sea. A close collision between American and Chinese aircraft, separated by only 10 feet, in the South China Sea might have led to armed conflict and changed the course of history.

The newspaper ruled out that the constant threat of a Chinese invasion of Taiwan would materialize in 2023. At the present time, China lacks the ability to invade effectively. In addition, the economic consequences for China and the world would be disastrous.

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