The State Of Labor And The Economy In 2022
Bloomberg Intelligence
00:00
Crude Oil Prices
We believe right now that when you look at stagnation, that is a weak or stagnant pace of economic expansion. We think that anywhere between a hundred and a hundred 20 dollars should have a negative impact on our g d p by about half to one col per centage point. In our view, it's more anga impactle for europe, because they import much more than we do. And those imports, not only do they pay a higher price, but its at greater risk because they import so much on russia.
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