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11 Jan 2024

Taiwan War Poses Greater Global GDP Risk Than Recent Shocks

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Bloomberg Economics estimates predict a Taiwan war [could severely impact global GDP](https://www.bloomberg.com/news/features/2024-01-09/if-china-invades-taiwan-it-would-cost-world-economy-10-trillion), potentially causing a deviation beyond the setbacks seen from the Gulf War, the September 11 attacks, Global Financial Crisis, and the Covid-19 pandemic.