Shoppers browse at a discount store in Tokyo. Hit by the trade war, the Japanese economy expanded by just 0.2 per cent in the third quarter of 2019. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

A protracted trade war may be the final blow that will sink the indebted world economy

  • Global debt is growing faster than the global economy, which is simply not sustainable
  • And as the US-China trade war drags on, major economies that are reliant on the global supply chain are running just to stay in the same place

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Shoppers browse at a discount store in Tokyo. Hit by the trade war, the Japanese economy expanded by just 0.2 per cent in the third quarter of 2019. Photo: Reuters
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Neal Kimberley

Neal Kimberley

UK-based Neal Kimberley has been active in the financial markets since 1985. Having worked in sales and trading in the dealing rooms of major banks in London for many years, he moved to ThomsonReuters in 2009 to provide market analysis. He has been contributing to the Post since 2015 and writes about macroeconomics from a market perspective, with a particular emphasis on currencies and interest rates.