CO2 emissions could hit a (temporary) peak in 2019.
Pourquoi?
China has internal structural problems, specifically
- the existing and growing loans to State Owned Enterprises, especially by Provincial and Local Governments, which never gets fixed,
- other ills hidden in the Shadow Banking System of which the West knows but a smidgeon.
India- Modi might have won a landslide victory but ...
https://qz.com/india/1630936/can-the-new-modi-cabinet-fix-the-indian-economy/Modi inherits a troubled economy—all credit goes to himRead it if you want to know.
EU - Germany Germany is the engine of EU economic growth and depends muchly on China's growth feeding demand for Germany's industrial products (e.g. machine tools)
Trump.
Bloomberg and others have already commented on how the sugar-rush from last year's tax cuts have evaporated,
The China US trade spat is morphing into war,
- and now for no good reason he is having a go at Mexico. This has really spooked the markets, fear has overcome greed. When the price of crude goes down (despite Iran, Libya, Venezuela) and the price of Gold and US Treasuries goes up on the same day you know a lot of people are running to safety.
Trump could be the
trigger that pushes the world into recession. Given that the world is awash with more debt than 2009 on any measure you choose, failure to sort out this market decline and
possible recession
could take the world into another depression, in time for the November 2020 US Presidential election. (Couldn't happen to a nicer guy) Emoji for sarcasm required.
In other words, Trump's dumb bash at Mexico could be a tipping point for the world economy. Chaos theory and butterfly's wings etc. (Trump a butterfly? No. Butter? No. Lard? Yes. Fly? Yes.)