Is the global economy heading for another major recession in 2025? đđ¸?
Last Updated: 01.07.2025 01:45
Analysts of GPMorgan are now predicting that chances of the global economy heading for another major recession in 2025 are higher than the chance to avoid it.
One of the most important lessons Iâve learned from 60 years of business is to accept when Iâm wrong and change course. The US governmentâs sweeping tariffs are taking the worldâs economy in a dangerous direction. They will make people everywhere worse off â especially in America.
Billionaire businessman Richard Branson says that with âa swift reversalâ of the tariffs policy, âAmerica and the rest of the world can still avoid the catastrophic fall out these tariffs will inflict.â
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But there are voices saying that a major recession in 2025 can still be averted, if Trump quickly changes his course.
âStrong leadership means taking risks and trying things â but when it doesnât work, realizing your mistake and correcting it. Quickly.
Itâs not just about the economy. Countries that trade fairly and healthily prosper and flourish. They reduce poverty, improve health and education, and decrease the likelihood of war.
Courage and self-awareness are cornerstones of true leadership. That includes quickly acknowledging errors & making corrections. With a swift reversal back to sensible economic policy, America and the rest of the world can still avoid the catastrophic fall out these tariffs will inflict,â Branson posted.