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TexasTowelie

(112,974 posts)
Wed May 31, 2023, 04:47 PM May 2023

China, Japan, South Korea & Germany in Deep Trouble as Manufacturing Crashes & Fears of Recession - Joe Blogs



CHINA in Deep Trouble and the latest data for May reveals that the economy is slowing much faster than expected. Profits are down 20%, the Steel Industry has Crashed, Youth Unemployment is Soaring, Deflation continues to restrict the ability to increase prices and Global Demand Concerns Rise. In addition to this GERMANY is now officially in RECESSION, JAPAN & SOUTH KOREA have also seen their Manufacturing Industry Crash and the economies are suffering a downturn. In this video I provide full details of the latest economic performance of all these countries and discuss the potential impact on the Global Economy.

Chapters:
0:00 Intro
1:45 GLOBAL ECONOMY
4:12 CHINA
11:31 JAPAN
13:12 SOUTH KOREA
14:46 GERMANY
16:36 SUMMARY & CONCLUSION
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