World economy seems
trapped in 'death spiral'
"The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity
Some analysts — including those at Citi — have turned bearish on the world economy this year, following an equity rout in January and weaker economic data out of China and the U.S.
"The world appears to be trapped in a circular reference death spiral," Citi strategists led by Jonathan Stubbs said in a report on Thursday.
"Stronger U.S. dollar, weaker oil/commodity prices, weaker world trade/petrodollar liquidity, weaker EM (and global growth)... and repeat. Ad infinitum, this would lead to Oilmageddon, a 'significant and synchronized' global recession and a proper modern-day equity bear market." CNBC
One day -- it is coming-- And at that time shall Michael stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time:...And that no man might buy or sell, save he that had the mark, or the name of the beast,
Daniel 12:1/Revelation 13:17