this post was submitted on 03 Sep 2023
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Worldwide recession probabilities for 2023 according to Bloomberg. Interesting to see how BRICS and G7/EU are clustered. (lemmygrad.ml)
submitted 1 year ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[–] SeeingRed@lemmygrad.ml 22 points 1 year ago (2 children)

The image shows data from April.

In may Germany entered Recession: https://www.reuters.com/markets/europe/germany-enters-recession-2023-05-25/

While the G7/EU other countries may have mostly technically avoided recession, they have only done so barely so far.

[–] yogthos@lemmygrad.ml 21 points 1 year ago (1 children)

I fully expect that all Europe will be deep in recession by the end of the year.

[–] bandarawan@lemmygrad.ml 12 points 1 year ago

Hmm. Is the graphic about being in a recession sometime in 2023, or is it the question whether the whole year will see a decline?