Get up to an extra $10,000 when you transfer your stocks to Public from another brokerage - Go to http://public.com/graham and use code GRAHAM - Enjoy! Lets talk about the Global Recession and its impacts across the world - Add me on Instagram: GPStephan
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The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF - $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
THE GLOBAL RECESSION:
On a really, really overly-simplified scale, it’s easy to see how one failing economy could effect the demand of another, while increasing costs on another, and causing a cascade effect throughout the entire world.
In this case, higher energy costs result in higher inflation…higher interest rates…reduced demand…supply chain shocks…and, before you know it...we’re in a global recession.
To me, it’s not rocket science to see that China’s lack of growth would result in fewer US Exports, less international investment, and less profits for the businesses that we invest in - but, solving the issue isn’t going to happen anytime soon - and, most likely, it’s going to serve as a reminder that - each country will have to adapt for the option of producing their own materials “in house” to avoid future shortages.
Realistically, though…it seems like, the most plausible scenario is that “both the United States and the euro area experience near-zero growth next year, with negative knock-on effects for the rest of the world” - which, basically means, our economy will need to cool off, before pushing forward.
In a weird way, less demand is desperately needed, and could help bring down inflation to the point where interest rates won’t need to constantly increase. But, for the foreseeable future, it’s probably best to pay attention to how much you spend, keep a diligent budget, continue investing as usual…and, stay employed…because, most likely - we’ll have to wait for these conditions to improve before the entire world can continue grow…hopefully….in a way that benefits everyone.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*This is a paid endorsement for Public.com. Offer valid for U.S. residents 18+ and subject to account approval. This is not a recommendation. You can lose money with any investment. Open To The Public Investing is a member of FINRA & SIPC. Regulatory and firm fees apply. See Public.com/disclosures/
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
Trade Bitcoin, Doge, and other crypto with low fees on FTX. Use my referral code GRAHAM and get up to $100 FOR FREE: https://ftx.us/partners/graham
GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy.teachable.com/p/the-youtube-creator-academy/?product_id=1010756&coupon_code=100OFF - $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB
THE GLOBAL RECESSION:
On a really, really overly-simplified scale, it’s easy to see how one failing economy could effect the demand of another, while increasing costs on another, and causing a cascade effect throughout the entire world.
In this case, higher energy costs result in higher inflation…higher interest rates…reduced demand…supply chain shocks…and, before you know it...we’re in a global recession.
To me, it’s not rocket science to see that China’s lack of growth would result in fewer US Exports, less international investment, and less profits for the businesses that we invest in - but, solving the issue isn’t going to happen anytime soon - and, most likely, it’s going to serve as a reminder that - each country will have to adapt for the option of producing their own materials “in house” to avoid future shortages.
Realistically, though…it seems like, the most plausible scenario is that “both the United States and the euro area experience near-zero growth next year, with negative knock-on effects for the rest of the world” - which, basically means, our economy will need to cool off, before pushing forward.
In a weird way, less demand is desperately needed, and could help bring down inflation to the point where interest rates won’t need to constantly increase. But, for the foreseeable future, it’s probably best to pay attention to how much you spend, keep a diligent budget, continue investing as usual…and, stay employed…because, most likely - we’ll have to wait for these conditions to improve before the entire world can continue grow…hopefully….in a way that benefits everyone.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness @gmail.com
*This is a paid endorsement for Public.com. Offer valid for U.S. residents 18+ and subject to account approval. This is not a recommendation. You can lose money with any investment. Open To The Public Investing is a member of FINRA & SIPC. Regulatory and firm fees apply. See Public.com/disclosures/
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
Did this guy say that Choina will collapse in 10 days or so? Lmfao
Haha Europes dollar is falling . That's a funny slip up.
Hi
The European Dollar? 🧐
How will this affect Lebrons legacy?
American greed is the real cause now let’s be honest…
So,,,,,, Trump was right?…… Again?
Jake Tran thumbnail.. I thought that’s who made the video
China been there thousand and thousands of years. 29 days btw. END. btw. Great example of west propaganda right here.
Reduce personal spending and have a good budget. Sadly these times worldwide will have a very long term effect on our way of life in the future. The current US administration is fiscally ignorant and will only make things worse!
nobody knows how to cause A Global Recession better than us
china are using covid as an excuse to be even tougher on their people , to discourage an uprising following the property ponzi scheme collapse
I wonder how long we can keep up this Western propaganda bubble. A state run and capitalist hybrid system is a way better system.
Time to up your cam quality bro. Its a write off regardless
I'm pretty sure we are in a recession. Two negative quarters of GDP….. I mean unless we are changing definitions
Yeah, how about the US is causing global inflation?
Dollar milkshake theory
China is not the cause of global recession because US is pushing China. So, technically It's US.
It won't be them. US already factored into he loses and printed hundreds of billions to sustain the loses.. Just saying..
🙂
Wasn’t there some US president who always warned about being too reliant on China and Russia?
While I greatly appreciate the level of details you put into these videos, I feel this is very similar to two other recent videos you put out in the last couple of weeks on the same topic
So what you’re saying is orange man bad. – Average Democrat, most likely.
OMG! SHAM WOW! Click bait nonsense.
The only thing (historically) that pulls the world out of destruction is a world war
You can thank Biden, Putin, and China for our crisis. Communists making things worse for everyone but themselves.
Haven't watched your videos for a while now and all you do to attract views is by spreading fear in your title? You have changed and you could do better
The fact that you continue to sponsor PUBLIC even though they continuously STEAL MONEY from their customers is absolutely DISGUSTING