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World's biggest economies aren't just struggling, they're sinking fast.
China reported some of the worst #inflation consumer and producer price estimates in its modern history, within range of the worst parts of 2009. Such damaging #deflation shows #globalrecession #recession getting worse, and worse for everyone outside China it is becoming more synchronized.
Eurodollar University's Money & Macro Analysis
Reuters: UPDATE 1-Goldman Sachs raises 2023 China GDP growth forecast to 6%
https://www.reuters.com/article/china-economy-comment/update-1-goldman-sachs-raises-2023-china-gdp-growth-forecast-to-6-idUSL1N35N1HG
CNBC: Goldman joins Wall Street banks in cutting…
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