Global Trade Tensions and Economic Growth: A Double-Edged Sword

Explore the potential global economic impacts of Trump's proposed tariffs, Spain's record-breaking growth, and the transformative 'Buy Now, Pay Later' model. Plus, delve into Nigeria's surprising GDP growth amidst inflation shocks. This episode offers a comprehensive analysis of the intricate dynamics shaping today's global economy, highlighting both opportunities and challenges.

Sources:
https://www.theguardian.com/business/live/2024/nov/27/trump-trade-tariffs-threaten-economic-growth-lombardelli-us-economics-trade-growth-unemployment-business-live
https://cepa.org/article/spain-soars-is-record-beating-economic-growth-sustainable/
https://www.devdiscourse.com/article/business/3169660-buy-now-pay-later-transforming-retail-economics-and-consumer-access
https://guardian.ng/news/gdp-defies-inflation-shocks-as-more-nigerians-take-informal-jobs/

Outline:
(00:00:00) Introduction
(00:00:44) Trump’s trade tariffs would threaten economic growth, Bank of England’s Lombardelli warns
(00:03:02) Spain Soars: Is Record-Beating Economic Growth Sustainable?
(00:05:43) Buy Now, Pay Later: Transforming Retail Economics and Consumer Access
(00:08:54) GDP defies inflation shocks as more Nigerians take informal jobs