
'Vast Majority' Of Investors Unprepared For Coming Higher Levels Of Inflation & Risk | Bob Elliott
Thoughtful Money with Adam Taggart
Balancing Economic Strength with Technical Recession
Real GDP growth being positive or negative does not determine if a country is in a recession. Rather, it is essential to assess how economic conditions are expanding in comparison to the underlying potential of the economy. In the case of Europe, where the potential growth is near zero due to factors like stagnant productivity growth and a shrinking labor force, achieving zero growth could be considered acceptable considering the demographics of the region. For instance, despite zero growth, Europe's unemployment rate is at historically low levels.
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