Roubini Says 10% Global Equity Correction Not Unlikely

The video discusses common misunderstandings about the world economy, focusing on China's structural challenges such as aging population and state capitalism. It highlights the potential growth decline and policy impacts on markets. The global economic outlook suggests a possible market correction due to inflation and central bank actions. A 10% correction in equity markets is possible if inflation remains high and economic conditions soften.

What are the implications of central banks hiking rates?

What does the text suggest about inflation and its impact on the economy?