(New York, NY) — Financial experts are warning that the world’s economy appears to be trapped in a “death spiral.” Strategists at Citigroup say a strong dollar, plunging oil prices and China’s struggling economy are driving the downturn. They predict the negative pattern could trigger a global recession. Still, the experts see some light at the end of the tunnel if oil prices finally bottom out and the dollar weakens in 2016.
###
John Abrahamsen
Copyright © 2016
TTWN Media Networks Inc.