The past year has finally undermined the health of the world economy, interrupted the return to normal life and the former pace of welfare growth after the global crisis. 2023, which has begun, does not promise any relief, and the word of the year promises to be “recession”.
The causes of the current disease lie in the chronic problems of the world economy. She might have been able to cope with them if Vladimir Putin had not sent the Russian army to conquer Ukraine and had not launched an energy war on Europe.
The upheaval caused by Russia’s full-scale invasion of Ukraine was the last straw in the world’s post-Covid recovery.
“The closer to 2023, the more predictions that it will become the third anti-rating of the 21st century. It was worse only in 2020, when the pandemic began, and in 2009, after the global financial crisis,” Deutsche Bank noted before the New Year .