EU’s Biggest Economy Crashes, China-Russia Trade HITS $240B, Fed To Unleash The Unthinkable
EU’s Biggest Economy Crashes, China-Russia Trade HITS $240B, Fed To Unleash The Unthinkable
Sean Foo
125K subscribers
74,781 views Jan 17, 2024
The numbers are out, Germany is officially the worst-performing G7 economy in 2023. However, the headwinds going into 2024 might just confirm a second recession in two years. Meanwhile, Russia and China just recorded a historic $240B in bilateral trade, showing resilience against the Western sanctions. However, the Federal Reserve is about to end QT, showing how weak the economy is and why inflation will be the end game.
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✅ Timestamps & Chapters:
0:00 Germany Worst G7 Economy
2:53 A Recession Is Next
6:02 Russia-China Record Trade
9:32 Fed Big QT Bombshell
12:49 Inflation End Game
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