Landing the Plane
Landing the Plane
Will there be a global economic crisis in a world of significant uncertainty? Please review the article from Goldman Sachs, Landing the Plane. Where are we headed the next few years of uncertainty and risks? What are the five greatest current global economic challenges? How will they affect the US economy? Include a minimum of one reference.
Sample Solution
According to the article, Goldman Sachs, “Landing the Plane,” the global economy is facing significant uncertainty, and there are several risks that could lead to a global economic crisis. These risks include geopolitical tensions, trade tensions, rising debt levels, and slowing growth in China. In the next few years, the global economy is likely to face several challenges, including the ongoing trade tensions between the US and China, Brexit, and the potential for a global recession. These challenges could have significant implications for the US economy, as the US is closely tied to the global economy. The report found that the pillars of the “Great Moderation” that began in the 1980s — low levels of volatility marked by sustainable growth and muted inflation, interrupted only by the financial crisis more than a decade ago — are still standing.
