According to a US economic analyst whose videos I watch regularly,latest fed reserve data indicates chances of recession has risen to 90% ,banks have stopped giving credit,no loans credit card,but Americans who watch her video say the fed is crapping the US is already in a recession
Due to hike in intrest rates things are getting worse,China Japan Saudi Arabia are offloading US treasure bonds worth billions,since August China has offloaded $500 billion and bought gold they still have bonds worth a trillion dollars,china is also the largest depth collector in the world and largest creditor to the Asian development bank
Japan has the largest depth in the world 254% of their annual GDP