Global Economy Will Shrink By $2.3 Trillion In 2015

Global Economy Will Shrink By $2.3 Trillion In 2015 (ZeroHedge, Jan 7, 2015):

The world is going to be about $2.37 trillion smaller in 2015 than most expected at the start of the year as a consequence of the USD strengthening. This is not insignificant, as it represents 3.2% of last year’s estimated global GDP. For perspective, that would be as if an economy of the size between Brazil’s and the UK’s would have just disappeared.

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