- Energy costs above 9% of global GDP = recession
- Financial crisis has transitioned to social and political crisis
- Global growth will peak by May, then watch out below
About the Guest: Ambrose Evans-Pritchard is International Business Editor of The Daily Telegraph. He has covered world politics and economics for 30 years, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels. Read his latest articles, CLICK HERE
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