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The pandemic could drag the world's economy into a depression by 2021

What investors couldn't know is that over the next 30 days, the coronavirus would burst out of quarantine in China, with major outbreaks in South Korea and Italy, then Spain, France, Germany, the United Kingdom and the United States. It brought business to a sudden stop, sent stock markets into a meltdown and forced central banks to take emergency action on a scale even greater than during the 2008 global financial crisis. A global recession, once unthinkable in 2020, is n...

European Union will collapse by 2040

Most Europeans believe it is a "realistic possibility" that the EU will collapse by 2040, according to a survey by British pollster YouGov for the London-based think-tank, the European Council on Foreign Relations. The European Union will not be able to maintain its free trade dimension so the union itself, including the euro, will more likely disappear by 2040.

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