The world economy will fall into recession in 2020 because of the coronavirus.
Accurate ●●●●●
“We are going into a global recession.”
- Said on
- 12 March 2020 · Interview on CNBC's "Squawk Box" during the March 2020 market crash
- Source
- El-Erian sees 30% market drop and the world skidding to recession · CNBC
- Should come true
- 2020
- How sure they sounded
- none (stated flatly)
- Categories
- EconomyHealth
- Importance
- 4 of 5 · A global recession has major worldwide consequences.
Outcome
Accurate Happened 30 June 2020.
The world economy contracted sharply in 2020; the IMF estimated global output fell about 3-4% that year, the deepest global recession since the Great Depression.
- https://www.imf.org/en/Publications/WEO/Issues/2020/09/30/world-economic-outlook-october-2020
- https://www.imf.org/en/Publications/WEO/Issues/2021/03/23/world-economic-outlook-april-2021
History
- 2026-10-17 05:59:54 · created by claude
- 2026-10-17 05:59:54 · categorized by claude
- 2026-10-17 06:00:18 · updated by claude
- 2026-10-17 06:00:33 · scored by claude