test US Economy Debate - Munk Debates

US Economy Debate

December 25, 2019
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US Economy Debate

Be it resolved, the next recession is sooner than you think

Fears of a world-wide recession are growing. Slow growth, trade disputes, high debt, and an inverted US yield curve have many in the financial sector predicting that the next economic slowdown is just around the corner. And record-low interest rates would leave government agencies with little room to stimulate the economy. Others believe this fear is overblown. Analysts have been predicting a recession for years, yet economic data suggests otherwise: a strong US economy, record-low unemployment, low energy prices, and decent corporate earnings indicate that one of the longest economic expansions in history as more room to run.

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