Economist Predicts Global Recession In 2015 - David Levy Forecast

 many people have been warning about the global recession in 2015 and one notable example is david levy whose family has correctly called every major financial event in the us for decades now he's one of the global recession in 2015 to this article is from the independent of put a link down blow it started by saying just as the us economy strengthens other countries threatened to drag you down employers in the us are creating jobs at the fastest pc since the late 1990 is in the economy find me looks ready to expand a healthy peace with sluggish growth in france italy russia brazil in china suggests that the old truism when the us sneezes the rest of the world catches a cold may need to be flipped maybe the rest of the
world worcester news this time in the us will get sick so this article is very interesting because it keeps on most the opposing viewpoint which explain how the us was the essential factor 2012 controls growth around the world but now it seems that if other countries are going to be struggling the us me be the one who's going to be catching the court so that's the view of david levy who oversees the levy forecast newsletter analysing the economy that has fed his family started in 1949 and one with enviable record nearly a decade ago he warned that the us housing was a bubble set to burst in that the damage would push the country into recession so severe that they said we'd have no choice but to / short term borrowing rates to stimulate the economy so david love you and his newsletter have been extremely accurate over the past decade so now i'm a celebrity says that the us is likely to fall into recession during 2015 triggered by down trends in other countries for the first time in modern history the recession for the rest of the world will be worse than the last one was grandfather call the 1929 stock crash and whose father 1 prayers for anticipating turns in the business cycle asked in a gangster conventional wisdom mr olivia's forecast for a global recession is extreme but worth considering investors have pushed us stocks to record highs and said estimates have the us growing an annual piece of that least 3 percent for the rest of the year so worrying signs are already out there european banks are still struck with too many bad loans from the financial crisis household and business debt there is too high in china and other emerging markets the old problem of relying on in did americans to buy more of their good to each year and not selling out of their own people means a glut of underused factories the world hopes to ride on the coattails of the us consumer economist at cornell university but the us consumer isn't in a position to cheat on the burden so basically what he's saying here is a lot of a lot of countries in the world have been relying on the united states consumer to consumer all of their goods and basically strength of their economies as time has going on but now this reliance on the us consumer is starting  i haven in trouble x what do you think about me still loves prediction about the us and the rest of the world for 2015 will his prediction of a day 2015 global recession turn out to be true