Peter Zeihan
@ZeihanonGeopolitics·954K subscribers·1.2K videos
Recession for (Almost) Everyone! || Peter Zeihan
Posted
March 5, 2024
Views
575,534
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15,618
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March 5, 2024
575,534
15,618
1,790
3.02%
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4:18Now PlayingI was scanning the financial news this morning and realized Germany was in recession. In my morning brief I was informed Japan was in recession as well. On a call with a client someone brought up that the United Kingdom had joined the downers club. A quick convo with the staff revealed the same was true for Hungary and Ireland. And Greece and Lithuania and Estonia and Finland. Israel probably as well, while Australia, New Zealand, France, Spain and Italy are only a rounding error away. China’s data, such that it is, suggests that the Middle Kingdom is by most definitions at best recession-adjacent.
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