Episode Details

While the US Federal Reserve has made very few signals about what is happening in the economy, there are many more alarms being sounded by central banks elsewhere in the world. On today’s show we are looking at what those other central banks are saying and some of the policy changes that have already occurred. 

The most visible signal we are accustomed to seeing in a recession is job losses. So far, while job losses have increased, most would not consider recent job loss data to be an economic calamity.

But the signs of economic slowdown are not limited to the economies in North America. 

There are numerous Countries in recession right now. Germany, Italy, France, the UK Japan are all in recession.