Global Economy: US Spending, Inflation, and Political Risks

Consumer spending defied high prices with a July surge, but can it last? This episode dives into slowing job growth, persistent inflation, and how Americans are stretching their budgets with tactics like seven-year car loans. Globally, Germany faces rising prices, France battles political instability, and South Korea sees booming confidence, while Africa emerges as a key market for China amidst shifting trade patterns. Hosted on Acast. See acast.com/privacy for more information.