Bitcoin Recovers to Over $19K; Nomura Warns of US, UK Recession
— Long ” recession, Warns, South korea, Russia, K ., japan, Recovers, Europe could take, Korea, Canada, Could experience — 1 min read
U.S. could experience a “shallow but long” recession of five quarters, analysts say. Europe could take a much deeper hit because of Russia's attack on Ukraine. Europe, the U.K., Japan, South Korea, Australia, Australia and Canada could also be in recession, they say. The analysts say they expect Europe, Japan, Canada and the United States to fall into recession, but Europe could be in a deeper hit due to Russia's attacks on Ukraine and Russia's actions in the region, the analysts said. They say the recession is expected to be a "shallow, but long, shallow" recession of about five quarters in five years, not five quarters of the rest of the world's economic growth. Source