Coin Bureau, relaying another source: Recession — not judged: the rule reads only US national figures

Said on Jul 5, 2022, at 18:44 in the video.

What was said
Coin Bureau

@coinbureau

“there is near unanimous consensus that europe will not be able to escape a recession”
Watch at 18:44Is This The RECESSION?! Here's The FACTS You Need To Know!!
PredictionRecession— not judged: the rule reads only US national figures
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

RecessionWindow checkedRecession (NBER)
−0.200.20.40.60.811.2201920202021202220222023Said on Jul 5, 2022
−0.500.511.52019202020222023Said on Jul 5, 2022

NBER-based recession indicator: Federal Reserve Bank of St. Louis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

Somebody else's forecast — not scored

What was said around it

good either in fact in the case of europe they're perhaps in an even worse position to ride out this economic storm that's because europe is on the brink of an energy crisis that could see the rationing of gas and power in the next few months they're also facing the prospect of food shortages thanks to russia's invasion of ukraine and the resulting sanctions more about that in the description moreover some european countries are seeing consumer inflation in the double digits and the ecb appears poised to raise interest rates for the first time in 11 years there is near unanimous consensus that europe will not be able to escape a recession so is there any hope or are we all doomed to succumb to the economic storm of fire and brimstone well for one we could see the who officially declaring an end to the pandemic this would signal an end to most if not all restrictions which would do wonders for unclogging those supply chains china appears to be cautiously opening back up and if it stays the course then the worst of the shutdowns and supply chain headaches could be behind us here's hoping something else that would help to ease the pressures on the global economy is an end to the war in ukraine

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