Will the recent banking chaos lead to an economic crash?

Will the recent banking chaos lead to an economic crash?
JPMorgan Chase – better at economics than metaphors. (Image: Getty)
The Economist
How quickly things change. A few weeks ago analysts were convinced the global economy was powering ahead. Now they worry about a deep recession caused by fallout from the collapse of Silicon Valley Bank (SVB) and the rescue of Credit Suisse. “From no landing to hard landing”, as Torsten Slok, an economist at Apollo Global Management, an asset manager, has written. Analysts at JPMorgan Chase – better at economics than metaphors, one hopes – say that “a soft landing now looks unlikely, with the airplane in a tailspin...

More World

Even nuclear experts are at a loss right now
Bloomberg Opinion

Even nuclear experts are at a loss right now

Much divides the US, China and Russia's leaders, and indeed, humanity.

Bloomberg 02 Aug 2025
Google revenue soars on AI boom
Technology

Google revenue soars on AI boom

Google is spending billions of dollars on infusing its products with AI capabilities.