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When "Global" Recession Means Rich Countries Sneeze
The Gulf States warn that an Iran-Israel conflict could trigger global recession. But what does "global" actually mean? This episode unpacks the mechanics of economic shocks, why some economies decouple during downturns others can't escape, and the uncomfortable truth: "global recession" is really shorthand for "rich economies are contracting." We explore how oil shocks become contagion, why Australia weathered 2008 while Iceland collapsed, and the definitional sleight of hand buried in how we measure planetary economic health. Episode 2244 — myweirdprompts.com/n/2244 (permanent short link…
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