OPEN’s finance expert Mike Periu on an unsettling new report on the economy Are We on the Brink of a Global Recession?
With so much economic data being published every week, it can be difficult to see through the noise and identify trends that can help us determine what to expect in the near future. Chugging through the data, there are a number of troubling signs that point to high probability of a recession starting next year. In the U.S., the manufacturing sector has already stopped growing; income and personal savings are trending downwards, partly due to high inflation in prices for basic commodities like food and energy; and high government debt levels in the U.S. and Europe continue to increase.
About small business finance expert Mike Periu
Mike Periu has experience in small business finance. He founded Proximo, LLC a company that offers consumer and small business training services focused on technology and money.
Mike Periu teaches individual empowerment through entrepreneurship and financial literacy. He has appeared 500+ times on television and radio. Visit the Reach and Media pages of his website to learn more about where he has appeared.
You can read more of Mike’s articles on his blog or at American Express OpenForum, Yahoo! Finanzas and the Huffington Post.
Mike has a degree in International Business and Finance which he received at Georgetown University in Washington, DC. He received a Fellowship from the Kauffman Foundation for the Labs for Enterprise Creation program in Kansas City.
