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Germany: Green economic miracle – US recession soon?

Germany: Green economic miracle – US recession soon?

While Germany is known to be enjoying an impressive green economic miracle, the US is still considered an island of economic bliss – but will Americans soon slide into recession? Very weak US retail sales fuel this skepticism because the US economy depends on heavily indebted US consumers. But what if interest rates are high in the long run? Many major economies are already in recession: not just Germany, but also Japan, Great Britain and others. China is also weakening. So can America really permanently cut itself off economically and avoid recession? The opposite is unlikely. Now new data shows that inflation has resurfaced in the US goods sector and is not limited to the services sector – even the result of Jerome Powell's reports. What if the US economy cools but inflation still does not decrease (stagflation)?

Notes from the video:

1. ECB: Lagarde and Nagel warn against premature interest rate cuts

2. Stock: A Race in the Story – Example Nvidia

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