With the recent global recession, along with the increasing failure of many financial institutions worldwide: USA, Europe, and possibly China. How would you explain all of these events, especially with the mater fact that global consumption has increased after recovering from COVID-19 with growing demand for many products & high levels of inventory, but at the same time, there is a high cost in the capital market (even Euromarket) as long as deleveraging by many local & global financial institutions.

Q1-With the recent global recession, along with the increasing failure of many financial institutions worldwide: USA, Europe, and possibly China. How would you explain all of these events, especially with the mater fact that global consumption has increased after recovering from COVID-19 with growing demand for many products & high levels of inventory, but at the same time, there is a high cost in the capital market (even Euromarket) as long as deleveraging by many local & global financial institutions. On the other hand, the labor market has been improved worldwide.