More than AI it probably depends more on how much stuff your country sells into the US market. If the US market goes into recession they will stop buying some of that stuff. For a lot of countries, the US is a big export market which can greatly affect their own GDP.
The cracks are showing. Trades are happening in other currencies now and it’s a question of time before Europe and Asia make other arrangements. Latin America will split between the two options.
Is this finally the start of the Greater Depression?
2000/2008 combined, with a smidge of great depression.
I really hope the rest of the world will get around it this time as most of this happens in the US anyway.
When the US sneezes, the rest of the world catches a cold.
Yeah, but normally because we run in the same, stupid direction. But the big AI players ain’t around in my neighborhood.
Just hoping…
More than AI it probably depends more on how much stuff your country sells into the US market. If the US market goes into recession they will stop buying some of that stuff. For a lot of countries, the US is a big export market which can greatly affect their own GDP.
Thank god Germany doesn’t rely heavily on exports.
Aw shit.
Sorry man. I’m in the same boat in Czechia.
I mean, at least Trump behaved like such a cunt in the last months, we started to switch to other trading partners. That will at least help a bit.
The cracks are showing. Trades are happening in other currencies now and it’s a question of time before Europe and Asia make other arrangements. Latin America will split between the two options.
Trades in dollars are still higher than they’ve been at other times in recent history. It may happen but it will take decades.