Graham Stephan: GDP — not judged: the rule reads only US national figures

The window it was checked over

Real GDP: U.S. Bureau of Economic Analysis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

what this means for you your money and the global economy here's what you need to know on a really really overly simplified scale it's easy to see how one falling economy could affect the demand of another while increasing the costs of another and causing a Cascade effect throughout the rest of the world in this case higher energy costs result in higher inflation which results in higher interest rates which reduces demand which increases supply chain shocks and before you know it we're in a global recession to me it's not rocket science that China's lack of growth would likely result in fewer U.S exports less International Investment and less profit for the businesses that we invest in but solving the issue is probably not going to happen anytime soon and most likely it's going to serve as a reminder that each country will have to adapt for the option of producing their own materials in-house to avoid future shortages realistically though it seems like the most plausible scenario is that both the United States and the Euro area experienced near zero growth next year with negative knockoff effects throughout the rest of the world which basically means the economy will need to cool off before

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