The Economic Times

Is China's 'Nostradamus' right? Is a global depression and an escalation in the Strait of Hormuz looming? Here's what happened during the heated Piers Morgan debate

China's 'Nostradamus,' Professor Xueqin Jiang, warns of an impending global depression, a process he believes could span decades. He also highlighted China's unexpected diplomatic role in securing a ceasefire in the Strait of Hormuz, attributing the ongoing tensions to perceived US unreasonableness in negotiations with Iran. The situation carries potentially devastating consequences, including widespread thirst.