US recession coming?

 Deutsche Bank 

Deutsche Bank finally admitted "Global Bubble Building Industry" also known as "US Economy" will fall into recession in 2023, if US Federal Reserve goes with interest rate hikes this year.

Another way to put it forward is, the Recession of 2008 which has been brushed under the carpet with the ponzi scheme of unreal degrees of Low interest rates worldwide (Led by US Fed of course) will resurface and vulnerable yet giant banks like Deutsche Bank will end belly up.  Yet this interpretation of their forecast will not appear In news magazine,  but it is the truth.  US recession would mean severe stress in Global and specially European banks and in current Geopolitical scenario, I don't think China will be too eager to buy Western debt . So Eurozone will fall into recession and all Western economy will be busy in bailing out their Billionaire and Bankers.

 How about Japan, India and Australia? They always make huge "Foreign Policy Statements" .. Will they not buy Western papers and save them from recession.. Well, Firstly their own debt situation are as worse as USA ... after all, they are satellite Economy of US and their central banks blindly follow US Fed, whatever US based "Thinktanks" telegraph to them, their central Banks follow that.

Add to that, current war in Ukraine,  sanctions on USSR , oops , I meant Russia and lack of trade deal with China.. this means Inflation is going to remain high in throughout 2022-23. Forget what deaf and dumb Economists of IMF and World Bank, Global economy will have Stagflation this year. 

Only Tool left with "Central Bankers" is to raise "Interest Rates" to combat "Inflation" , but that will make "Too Big to fail" banks FAIL . That's what Deutsche Bank is pleading to US Fed, in a subtle way.

I'm thinking a "Global Depression" is more likely. So careful there.. out in the Market place.