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The Economic Times
The Economic Times
Muskan Singh

Is China's 'Nostradamus' right? Is a global depression and an escalation in the Strait of Hormuz looming? Here's what happened during the heated Piers Morgan debate

The possibility of a global economic slowdown took center stage during a fiery episode of Piers Morgan Uncensored when Professor Xueqin Jiang, often referred to as “China’s Nostradamus,” delivered a chilling prediction about the future of the world economy.

Appearing alongside economist Steve Keen, Jiang warned viewers that the current instability may be far more severe than a normal recession. The conversation quickly expanded beyond economics, touching on tensions involving Iran, the United States and the Strait of Hormuz.

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