Economic Forecaster Predicts Major Global Depression Starting in 2030 Lasting Until 2036

What was said

"ITR has for years argued that the world is heading towards a major global depression in 2030, with the trough around 2036."

ITR Economics, a forecasting firm with 94.7% accuracy since 1948, projects a six-year global depression beginning around 2030 based on aging populations, unsustainable government debt, rising entitlement obligations, and slower productivity growth occurring simultaneously across developed nations. Social Security insolvency is now projected for 2032 with automatic 22% benefit cuts, while 70 million Americans depend on those payments. The firm argues structural demographic and fiscal factors make this downturn inevitable without major policy corrections that would be politically impossible to campaign on.