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I see the US has had negative gdp growth .
I have long predicited a US recession .
Question is will it spread to other western nations ?
Even a country like Australia which is little directly affected .
So Australias biggest export to Us is beef but then with less Us beef going into China we sell more to the Chinese so meh .
We actually import more from the US than we export to them and there is alternate sources for much of it . So instead of Tesla , Byg electric cars .
However if China is badly affected by US tarrifs they might buy less iron etc . Similar with other countries we trade with like Japan
I have long predicited a US recession .
Question is will it spread to other western nations ?
Even a country like Australia which is little directly affected .
So Australias biggest export to Us is beef but then with less Us beef going into China we sell more to the Chinese so meh .
We actually import more from the US than we export to them and there is alternate sources for much of it . So instead of Tesla , Byg electric cars .
However if China is badly affected by US tarrifs they might buy less iron etc . Similar with other countries we trade with like Japan

