According to Bloomberg, the global economy is facing renewed turmoil and is teetering on the brink of collapse. The current economic crisis is far from over, with significant risks looming.

"The sell-off, if left unchecked long enough, could muck up the gears of the financial system, slow lending and act as the final straw that tips the global economy into the recession that many now fear," analysts at the global information provider warn.

Last week, market participants withdrew more than $6 trillion from global funds. This massive sell-off was triggered by investor panic in the face of the Federal Reserve's inaction.

Weak labor market reports have raised concerns among investors about a potential slowdown in the US economy and heightened recession risks. In light of these factors, experts argue that it is a logical reaction for investors to pull their funds.

In an effort to preserve profits, global shareholders have shifted their focus to government bonds. Currently, these securities are perceived as safer than those of major tech giants. The market's bet on IT companies, particularly those involved in artificial intelligence, has proven unsuccessful.

According to economist Andy Lipow, investors are frustrated that promises made by IT companies regarding AI development have not lived up to hyped expectations. This has led to a decline in sales of AI products, thus hitting the IT industry hard. Despite this, experts remain optimistic about the sector’s long-term prospects.