Europe will slide into recession following the Ukraine war while the US economy outperforms it.
Partly right ●●●●●
“Overall, the US is likely to outperform Europe, which is likely to slide into recession”
- Said on
- 7 March 2022 · Project Syndicate column
- Source
- The Ukraine War's Multifaceted Economic Fallout · Project Syndicate
- Should come true
- No date given
- How sure they sounded
- likely
- Categories
- EconomyGeopolitics
- Importance
- 3 of 5 · A European recession would matter for a major regional economy and global growth.
Outcome
Partly right
Inferred window: about two years (2022-2023). The US did outperform Europe, and revised Eurostat data showed a shallow euro-area technical recession (-0.1% in Q4 2022 and Q1 2023) with Germany also in recession. But the downturn was tiny and the bloc mostly stagnated rather than clearly sliding into recession, so partial is the cautious score.
- https://www.enca.com/business/eurozone-recession-start-2023
- https://www.euronews.com/2024/02/14/eurozone-avoids-recession-but-remains-stagnant-as-germany-struggles
History
- 2026-10-16 23:39:07 · created by claude
- 2026-10-16 23:52:19 · scored by claude
- 2026-10-16 23:53:45 · categorized by claude