Pierre-Olivier Gourinchas, the International Monetary Fund’s chief economist, joins ‘Squawk on the Street’ to discuss how much of the lowered outlook for the IMF is due to a slowing consumer, if Gourinchas sees a recession happening in the U.S., and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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The U.S. economy is in a period of stagflation (low growth and high inflation), while debt ratios are historically high. The idea that this is going to be short, and shallow is totally delusional.
❤Only for fans over 18 year⤵️ Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine sleepfriendd.Online Brünette und eine andere Blondine. Es wäre unfair, wennr ich 4 wählen würde
Not the entire global economy is doing bad… The Russian currency has rebound since it plummeted after the start of the war and chinas Low numbers reported here should be taken with a grain of salt since their official pandemic deaths reported are still only 5k 🙄😂
Alles sehr schön. Aber zuerst zusammen die Nummern 10 und 1. Eine emprutt.ONLINE Brünette und eine andereb Blondine. Es wäre unfair, wenn ich 4 wählen würde
Being a college grad broke Indian American 🇺🇸 is not my base case either … but … its looking pretty close :::))) smh 🤦♂️
It's sad to me that these professionals in the field of economics and finances still continue to look at the labor market to identify the state of the economy when that is the last leg to stand on prior to recession. The job market will be the final fall and the inevitable recession will be in effect before they decide to look into other contributing factors.
They live in the parallel universe of Doctor Strange. I love this IMF, not even a correct forecast.
"None Dare Call It A Recession Lest The Democrats Lose The Mid-Terms: When all you have left is managing narratives, managing narratives becomes a full time job…"
But hey, you can just redefine word when it starts to apply, us peasants wouldn't know the difference anyway, eh? I miss the guillotine days…
Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds..
信息茧房,imf根本没有政治独立性
Bruh I don't even have a degree and I KNOW WE ARE IN THE RECESSION.
The FED has lost it and the sad fact is, it's pretty obvious we are headed for hyperinflation. I think stores better have tight security because when people can't afford to feed their families, things might get ugly
"What is a Resection???" ~ CNBC 👀👌
Friday the 13 will coming, insyaallah
We are already in a recession. Stop trying to change the definition! 2 quarters of negative growth. Ffs
Add some Safemoon Inu crypto to your portfolio! SafeMoon Inu is the best mathematics crypto investment for this year and next year too! !!!
You were wrong.
What I was telling you. Look the specialist. From IMF we do not have not even 1 accurate forecast. Look the specialists.
While we’re at it, what is a woman ???