Surveillance: Soft Global Economy with Sheets
Bloomberg Surveillance
00:00
Is There a Recession in the U.S. Economy?
Growth of 2.6% is better than expected, but it's still not good enough to avoid a recession. Most of the debt that's out there is added at the World Bank with very fixed rates or with China where Rates are in yuan and not in US dollars. The U.S. economy will at least slow, if not contract, in the quarters ahead from where we are right now.
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