EU’s Biggest Economy Crashes, China-Russia Trade HITS $240B, Fed To Unleash The Unthinkable

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The numbers are out, Germany is officially the worst-performing G7 economy in 2023. However, the headwinds going into 2024 might just confirm a second recession in two years. Meanwhile, Russia and China just recorded a historic $240B in bilateral trade, showing resilience against the Western sanctions. However, the Federal Reserve is about to end QT, showing how weak the economy is and why inflation will be the end game.

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✅ Timestamps & Chapters:
0:00 Germany Worst G7 Economy
2:53 A Recession Is Next
6:02 Russia-China Record Trade
9:32 Fed Big QT Bombshell
12:49 Inflation End Game

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G7 didn’t understand that:
- 🇷🇺 isn’t USSR
- 🇨🇳 isn’t 🇯🇵

martinchristianaguilar
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In the middle of a recession, Germany announces that they are "doubling down" on aid to Ukraine. Insanity.

random
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Germany and the EU won't find any "cheap" energy especially from Russia. Those days are over. Even if Russia does export energy it will no longer be cheap, but at competitive market rates. Bottom line is that German and EU industries will not be competitive and de-industrialization is inevitable.

asimian
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Sean Foo has the best GEO political videos on YT 👍

JakesCustomParts
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China is not declining. The chinese economy out performed every western economy at 5.2%. They did not stimulate their economy. They have 18 trillion in domestic savings, 1 trillion a year in trade surplus and only 12.5 trillion dollars government debt. china is not declining.

thomasrogers
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“To be an ALLY to the U.S. is FATAL” - Henry Kissinger 😂😂😂

CanTho
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Germany is a goner when their economy is under USA strong hand. Under USA, only crumbs are for them just like Japan and France.😂

robertliang
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Congratulations Germany.... you've been Olafed.

trancepriest
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Geopolitics plays a crucial role in the world economics, the information you provide are always spot on. Thanks Sean Foo for your invaluable insights!

cliffBenjamin
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But, but Ursula vondercrazy and analyna 360 degrees said that Russia economy is in tatters and they are scraping electronic parts from Washer machines to put on aircraft and tanks.

farizanariffin
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Last summer I had a german man and his two sons as guest in my house in Croatia. I asked him if he isn`t frightened about the political and economical situation in Germany.
He looked at me as if I just have landed from Mars and said confidently, that Germany will solve any problem. Then I looked at him if he just landed from Mars and replied:
"Well, I would not be that sure."

badmonkeynobanana
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China's GDP came in at 5.4% for 2023. Exceeded expectations.

namelesswarrior
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Germany just announced 6 billion to Ukraine in 2024

MrJr
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Poor Germany. A Car Dealership masquerading as a Country. 😂

SportZFanEver
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Chinese EV cars half price than the German EV and just as Good Well done China 👍👍👍👍

rogerburn
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I am from Germany and the people are boiling.
All my friends are feeling it and we thinking about leaving our country

gkoot
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"China's growth isnt driven by their military, but by their economy." Boom -- there's the difference.

linserwayne
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USA instigated Ukraine war thinking it would exhaust Russia but it ended up exhausting itself and the clueless Europe. That's karma.

galaxymetta
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Sean, your program is brilliant and to the point. In my view, you provide one of the best financial analyses thorough your channel.

Thank you!

jf
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great report here in New Zealand we are still in recession and crime is out of control and it's getting worse. Thumbs up

silita