Recession Isn't on the Near Horizon, Says Former IMF Chief Economist

The discussion focuses on Brexit's impact on the UK and European economies, highlighting uncertainties affecting investments and consumer confidence. The potential consequences of a no-deal Brexit are explored, with concerns about disruptions and economic slowdown. The conversation shifts to trade, emphasizing the importance of service trade and the challenges of tracking digital trade. Finally, indicators of a global recession are discussed, with a focus on consumer confidence and economic trends in Asia, Europe, and the US.

What are the potential consequences of a no deal Brexit in the current economic environment?

What indicators should economists look for to assess the possibility of a global recession?