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Viktor Zsiday Said: the Next Economic Recession Is Coming – He Also Sees What Will Trigger It
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Developed market bond yields have risen to multi-year highs as the global savings-investment balance has been disrupted. Large government deficits and an AI-fueled investment boom are sucking up capital while the supply of savings is shrinking. This process is leading to a further rise in real yields, which is likely to be the direct cause of the next economic recession, writes economist Viktor Zsiday on his blog.
·Budapest, Hungary
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