Financial expert warns: 2024 could be a year full of turbulence, including rising interest rates, US deficits and China's problems

Financial expert warns: 2024 could be a year full of turbulence, including rising interest rates, US deficits and China's problems

According to a report by www.businessinsider.de,

According to Harvard economist Kenneth Rogoff, 2024 will be another turbulent year. The article discusses how high interest rates are becoming the global norm and are driven by factors such as excessive debt and deglobalization. It is also noted that developments in China and Japan will remain an important topic until 2024.

Analysis of these factors shows that higher interest rates are expected in the longer term, which could have an impact on investment strategies and lending. It also points out the problems in China, which can have an impact on the global economy. Japan is also covered as a topic, particularly the impact of the country's loose monetary policy.

These factors are expected to lead to unstable economic conditions in 2024. Global investors, companies and governments must prepare for these potential challenges and develop strategies to adapt. The financial industry will likely need to prepare for a period of adjustment and rethinking in order to successfully navigate through 2024.