Coming Up Tue 8:00 PM  AEDT
Coming Up Live in 
Live
Assyrian radio
SBS ASSYRIAN

GDP explained in Assyrian by Peter Esho

Peter Esho Source: peter.jpg

What is GDP or Gross Domestic Product, how is it calculated and what impact does it have on recession ?

These are questions put to economy expert and entrepreneur Peter Esho Co-Founder of Wealthi.

Peter's background is in investment management and real estate investment. Prior to Co-Founding Wealthi, Peter worked with Morningstar Inc and Invast Global.

Mr Esho explains in a simple way, the GDP during the pandemic. He says "GDP is like a cake that is divided into four pieces, each piece represent one part of the economy".

He says, if the GDP is in minus in two consecutive quartes, then the country is in recession. But if one quarter is in minus and the next one is in plus even with 0.1 percent, then it will not be considered a recession. 

Coming up next

# TITLE RELEASED TIME MORE
GDP explained in Assyrian by Peter Esho 05/09/2021 10:42 ...
Entering Australia: what you can and cannot bring 06/12/2021 12:00 ...
House prices to fall in the next two years as predicted by Commonwealth bank 05/12/2021 12:11 ...
Round seven of Iran's nuclear talks resume in Vienna 05/12/2021 12:07 ...
SBS NEWS BULLETIN 4 DECEMBER 2021 04/12/2021 10:48 ...
Unlawful workplace discrimination and legal protections 30/11/2021 10:31 ...
Church leaders in NSW discuss the implementation of Declaration of Unity 30/11/2021 10:25 ...
Italy and France treaty 30/11/2021 12:40 ...
SBS NEWS BULLETINE 30 NOVEMBE 2021 30/11/2021 10:40 ...
SBS NEWS BULLETINE 27 NOVEMBER 2021 30/11/2021 09:55 ...
View More