Global economic outlook: Is a recession already here? | Global Stage

Video Description

“We’re heading toward a substantial U.S. recession,” said Robert Kahn, Eurasia Group’s Managing Director of Global Macro. “We may even be in one now.” That notion challenges the official economic outlook released this week by the International Monetary Fund, which was more cautious in its assessment. Subscribe to GZERO's YouTube channel and turn on notifications (🔔): http://www.youtube.com/@GZEROMedia Sign up for GZERO's free newsletters on global politics: https://www.gzeromedia.com/subscribe However, it more closely mirrors what experts are saying in the halls at the IMF-World Bank Spring Meetings currently underway in Washington, D.C. In a conversation with GZERO’s Tony Maciulis, Kahn explained the state of the global economy before President Donald Trump’s April 2 “Liberation Day” and where things stand now. Unlike past crises triggered by external shocks, this one, he argues, is driven by the U.S. administration’s abrupt and sweeping trade policy changes, alongside tension between the White House and the Federal Reserve. These factors make the downturn both unpredictable and unprecedented. “We don’t have a model for this,” Kahn said. “There’s no course I took in school that’s directly relevant to what we’re living with.” This conversation is presented by GZERO in partnership with Microsoft from the IMF-World Bank Spring Meetings in Washington, D.C. The Global Stage series convenes global leaders for critical discussions on the geopolitical and technological trends shaping our world. Watch more Global Stage series here: https://www.youtube.com/playlist?list=PLwpOQsKKqZGNN2YfNAbG4m6pdX5Zo7Ajd Keep up with global news and why it matters. Follow GZERO! X: https://x.com/gzeromedia LinkedIn: https://linkedin.com/in/gzeromedia Instagram: https://instagram.com/gzeromedia TikTok: https://tiktok.com/@gzeromedia Facebook: https://facebook.com/gzeromedia Threads: https://threads.net/@gzeromedia GZERO World on Apple Podcasts: https://podcasts.apple.com/us/podcast/gzero-world-with-ian-bremmer/id1294461271 GZERO World on Spotify: https://open.spotify.com/show/13QW2sLPCjVbdDE6fmJCNf?si=9d00ce9ed2184c59 GZERO Media, a Eurasia Group company, is a multimedia publisher providing news, insights, and commentary on the events shaping our world. Our properties include GZERO World with Ian Bremmer, our weekly show on US public television; our newsletters GZERO Daily, GZERO AI, GZERO North, and GZERO Daily with Ian Bremmer; our parody series Puppet Regime; our digital video series including Ian Bremmer's Quick Take every week; and the GZERO World Podcast. Our content is free and available at https://www.gzeromedia.com/. #GlobalStage #GlobalEconomy #recession