These Are The Biggest Economic Risks For 2022

Live Mint: What could possibly go wrong? These are the biggest economic risks for 2022  

Economists have struggled to see ahead in the pandemic. They’re upbeat about next year, but could easily get blindsided again 

The Covid years are littered with predictions that didn’t work out. For anyone looking ahead into 2022, that should be enough to give pause. 

Most forecasters, including Bloomberg Economics, have as their base case a robust recovery with cooling prices and a shift away from emergency monetary-policy settings. What could go wrong? Plenty. 

Omicron, sticky inflation, Fed lift-off, China’s Evergrande slump, Taiwan, a run on emerging markets, hard Brexit, a fresh euro crisis, and rising food prices in a tinder-box Middle East — all these feature in a rogues’ gallery of risks. 

Some things might go better than expected too, of course. Governments may decide to keep fiscal support in place. China’s latest Five Year Plan could catalyze stronger investment. Pandemic savings might fund a global spending splurge.  

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WNU Editor: I would add energy prices.

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