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Will the Iran war trigger a global economic crisis?

Jornal de Notícias paints a bleak picture of the global economy:

“It will be only a matter of months before a recession sets in, which in turn will bring unemployment and impoverishment. That may sound like a catastrophic prediction (and hopefully it is), but that is precisely what history teaches us. The signs heralding an economic disaster are easy to spot, even for a layman. What can never be predicted, however, are the scale, the duration and the suffering it will cause. But one thing is clear: in an economic crisis, the burden is not shared equally. The very rich remain rich, the middle class falls into poverty and the poor into destitution.”

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