Deutsche Bank Forecast:

10.09.2020

The era of globalization, which has lasted since 1980, is being replaced by an "age of disorder," experts say.

According to the forecast of Deutsche Bank Strategist, Jim Reid and his colleagues, the characteristic feature of the new era will be the rise of the Chinese economy over the United States. Confrontation between the countries will take place in the economic realm. It will resemble the relationship between the United States and the Soviet Union during the Cold War-era.

At that, the authors of the study urge not to perceive the "era of disorder" as a reason for refusing to invest, since it "will bring large-scale interventions and liquidity."

Experts warn that new realities pose a threat to current global estimates.


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Saved: 10.09.2020




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