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Sunday, March 23, 2025

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Nobel laureate in economics Stiglitz predicts US financial crisis

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US economist and Nobel laureate in economics, Joseph Stiglitz, said the US economic system, created by the authorities, has proven to be fragile and vulnerable to severe shocks.

According to some analysts, the possibility of other major economic crises in the United States is quite likely, and in the very near future.

As for Stiglitz, he believes that the economic system is incapable of self-regulating when faced with various unforeseen situations. This was reported by Izvestia.

Earlier it became known that the demands of Western countries against Serbia to impose anti-Russian sanctions are unfair. This was announced by the head of the State Foreign Ministry, Ivica Dacic.

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