The World Economic Forum has set a bleak precedent for world economies in its Global Risks Report for 2024.  The negative outlook in the short term is also expected to continue to worsen over time with 30% of global experts predicting an elevated chance of global catastrophes within the next two years. Meanwhile, 63% of experts see a turbulent outlook for the next decade. The Global Risk Network was established in 2004, tracking risks in the five areas of economics, environment, geopolitics, society and technology. Thus, the network has been drawing upon nearly two decades of data and paints a

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