Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about the

U.S. and global economies slowing. So, the Organization for Economic Cooperation and Development

put out their forecasts. They aren't great. Top line for U.S. viewers, the U.S. GDP is expected to see declining growth

for at least the next two years, and inflation will be above ideal levels for the next two years.

There's that forecast again. Slowing economic growth and inflationary pressure.

Stagflation. If you aren't familiar with OECD, it's a global economic policy group that's been in the

game for more than half a century and works with about 100 countries. So, what do they attribute

the bad news to? Trump's tariffs. They don't use those words because they're

nonpartisan, but it says, quote, with higher trade barriers in several G20 economies and increased

policy uncertainty weighing on investment and household spending, annual real GDP growth in the

United States is projected to slow from its

very strong recent pace to 2.2% in 2025 and 1.6% in 2026. The numbers show 2.8% growth for the U.S. in

2024. Trade barriers means the tariffs, and I don't think I need to

explain that increased policy uncertainty means the ever-changing economic positions.

There's an interesting bit if you read beyond the U.S. section. Quote, Euro area real GDP growth

is projected to be 1.0% in 2025 and 1.2% in 2026, as heightened uncertainty keeps growth subdued.

The area had a 0.7% growth rate for 2024. So, if you look at the

forecasted trends, Europe picks up steam while the U.S. declines. The OECD doesn't really call

winners in trade wars, but their numbers do. The forecast says Canada avoids recession, but takes a hit

to growth, while Mexico goes into recession. China sees slightly declining growth, but avoids the

inflationary pressures. It also runs estimates of an additional 10% raise in tariffs. Basically, they hit Mexico the hardest,

then the U.S., then Canada, Europe, and China feeling the least impact. I'll put the link

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