Bloomberg Audio Studios, podcasts, radio news, single best idea and when we say thank you for an eventful January so far, huge huge response on YouTube. Thank you so much for that. Let's make this short and sweet Waylea from Blackrock was just outstanding today talking about the mathematics of the yield curb, talking about cash, but far more way Lee talking about growth in America.
We expect US growth to be in the mid kind of one point five percent real growth for twenty twenty five, which is slightly lowered the consensus, but resilient, certainly, certainly strong, with potential to the upside depending on the fiscal side of things. Now, having said that, yes, we have seen wild swings in inflation expectations so far this year. You talked about the inflation prend this week and it's impact on break even pricing.
We leave there, and of course nominal GDP is something I really sit on and it has been sprightly, to say the least, huge heated opinion of that into the late January FED meeting as well. Looking at the top line, real growth plus inflation nominal GDP. Take out the inflation and you have what's called real or inflation adjusted economic growth every year. At this time, Ian Bremer and you Erasia group, look at the top risks. Never have I seen a set and coalesced sense of ten risks centering
around a new president of the United States. Ian Bremer has just been on fire recently writing about his phrase of G zero world. It is here. Here is Ian Bremer looking at top risks.
This year, the Americans are embracing the Chinese worldview that has served China so well over the last thirty five years. It's transactional about rule of law. They don't care what your political system or economic system is like. They will engage with you bilaterally with the intention of being more powerful than you, and therefore you have to play by
their rules. And what the Americans are saying is, actually, China, we can do that, and we can do it a lot better than you can, because we're a lot stronger than you, by the way, And that's really what Trump is saying. And it does come at a time when America's adversaries Russia in deep decline, Iran having lost their empire by proxy the Chinese, and the worst economic condition since the nineties maybe the seventies are particularly weak. So
it's an interesting moment to try this experiment. A lot of things are probably going to break as a consequence.
Ian Bremmer of your RASIR group there, I really can't say enough about the effort this year. This weekend I'll get on social it's all over the place, but let me redo that this weekend e Rasia Group's top ten risks for twenty twenty five. I'll do that on Twitter linked I can't say enough about the team effort to drive the conversation forward here. It's been really an extraordinary seventeen days. I believe it is deep into two thousand and twenty five on your commute across the nation and
worldwide at the office at home. YouTube growing each and every day for a subscribe to Bloomberg Podcast. Thank you for the attention on YouTube and on YouTube podcasts. This is a single best idea.
