With the global economy in 2016 off to one of its worst starts in decades, does it mean we are headed for another global recession like in 2008 or is it time for a bounce-back? NDTV's Prannoy Roy and Morgan Stanley's Ruchir Sharma identify and explain the top 10 trends of 2016 that will dictate the global economy and stock markets. Here are the highlights of what Ruchir Sharma said: Trend 1: Global Recession Every 8 Years -Global economy weak and weakening further -2015 the worst year for global economy since 2008 crisis -Recessions follow expansions historically -Current economic expansion an aging cycle -Need to look out for what's going to trip the economy -Need to intensely follow China Trend 2: China The Weakest -Chinese economy has become too large -Record debt facilitated China growth in the past -China debt has become a source of vulnerability -Chinese economy was on a debt binge -China is now 10 per cent of global economic output -Too much debt over short time a...
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