Germany economic growth stagnated in the last three months of the year, skirting a technical recession but registering only zero growth as foreign trade made little contribution to Europe's largest economy.
Official figures show that industry across the 19-country eurozone endured in 2018 its worst year since the recession after the global financial crisis, with a broad-based slowdown across countries and sectors.
Krugman also said the Federal Reserve doesn't have the tools to deal with an economic downturn.
Boomers need to know how much risk they are carrying in their retirement accounts.
A global survey found that most CEOs view recession as the biggest threat in 2019.