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45 sats \ 1 reply \ @DawnoftheDead 23 Jul \ on: US: Probability Of Interest Rate Cuts Increases econ
Some European countries are entering negative GDP growth and China seems to be more or less desperately stimulating its economy.
So it seems like the US has exported its recession?
as far as China is concerned, I think the decline of the real estate sector, which was artificially inflated, is responsible for this. the eurozone has its own structural difficulties, which lie in the centralization of power in Brussels, in the eternal tendency of politicians to subsidize, in overregulation and in demographics.
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