Banks downgraded. Chinese Exports Fail. Welcome To The Global Recession!
President Joe Biden can scream that Bidenomics is working great, but reality is hitting Americans in the face daily. Europe is in recession, having had two negative quarters of GDP growth. China is losing markets with whom they can trade.
But those are world-wide concerns, not Americas. True. America only has to be concerned with a massive credit crunch, coupled with a Fitch downgrade of the US economy and mood's downgrading the banking sector.
The US is not in a recession. But these events don't show us that everything is far from good. Economist Dr. Matt Will explains the the global landscape, and how AI - and other tech opportunities - are keep the US looking good on paper.
Presented by Americans for Prosperity http://americansforprosperity.org
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