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Europe and China: Already In Recession | Paul Hodges
Forward Guidance
The European Recession Is Not Just National Security
There's a tremendous amount of uncertainty. Maybe maybe you are overstock in some areas. Who cares? Ri i mean, this is not just national security. This is life and death. And so and what? What is causing the european recession? Just to be clear, ist that the high natural gas prices. Is it don't demand destruction what's going on? Well, we've already had high oil prices for for 80 months now. Once oil prices get above around three % of global g d p, you almost inevitably get into global recession.
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