Korea’s Economic Rebound Threatened, China’s Recovery Shaky, Greece’s Economic Sentiment Dips

Simply Economics

Lackluster private spending poses a threat to Korea's economic rebound. China's economic recovery remains shaky as factory output contracts for a second straight month. Economic sentiment deteriorates in Greece as the index drops slightly in June. Plus, renowned economist Joseph Stiglitz warns of the dangers facing capitalism if Trump wins the upcoming election.
Sources:
https://www.koreatimes.co.kr/www/biz/2024/06/126_377725.html
https://www.firstpost.com/world/chinas-economic-recovery-still-shaky-factory-output-contracts-for-second-straight-month-13787704.html
https://www.focus-economics.com/countries/greece/news/economic-sentiment/greece-economic-sentiment-27-06-2024-economic-sentiment-deteriorates-in-june/
https://english.elpais.com/economy-and-business/2024-06-30/joseph-stiglitz-we-still-have-time-to-save-capitalism-from-itself-but-if-trump-wins-it-will-be-harder.html
Outline:
(00:00:00) Introduction
(00:00:41) Lackluster private spending poses threat to Korea's economic rebound
(00:03:48) China's economic recovery still shaky, factory output contracts for second straight month
(00:06:41) Economic sentiment deteriorates in June
(00:09:25) Joseph Stiglitz: ‘We still have time to save capitalism from itself, but if Trump wins, it will be harder’