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September 15, 2019
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Harvard Economist Warns Hong Kong Could Trigger World Recession
Fri, 23 Aug 2019 01:03:52 -0400

(Bloomberg) - Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Hong Kong's rolling political turmoil could prove a tipping point for the world economy, Harvard University economist Carmen Reinhart said.Noting an incidence of shocks that have rattled global growth, including the intensifying U.S.-China trade war, Reinhart cited Hong Kong as among her main concerns. Having previously warned that Hong Kong faces a housing bubble, she said the world economy could be hit by “shocks with a bang or with a wh read the full story...

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