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WEF Survey Shows That Business Leaders Are Deeply Concerned That a Global Recession Is Coming

 

 
Are you ready for economic conditions to get even worse in 2025? It would be difficult to find any economist that is willing to argue that global economic conditions are better in late 2024 than they were in late 2023. The Chinese economy is deeply struggling, Europe is a mess, and four years of Bidenomics have had an absolutely devastating impact here in the United States. Unfortunately, the outlook for 2025 is not good at all. In fact, a WEF survey that was just released discovered that global business leaders are very concerned that a global recession is approaching….
 
 
 
 

Business leaders globally are worried about the risk of recession, labour shortages and rising inflation, despite some signs of improvement in economic conditions, a World Economic Forum survey said on Thursday.

Extreme weather events are an increasing concern, following a year of record temperatures, severe flooding and wildfires, including in major economies such as Brazil, Germany, Indonesia and the United States, according to the survey of more than 11,000 business leaders from G20 countries.

When asked to rank the top risks that they are facing over the next two years, business leaders actually ranked economic downturn number one

Economic downturn is seen as the top risk for business leaders over the next two years, followed by labour and/or talent shortages and then inflation. Poverty and inequality ranked fourth, and extreme weather events came in fifth, the survey showed.

Business leaders tend to be relatively optimistic compared to the population as a whole, and so these results kind of surprised me.

 
 

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