"stagflation". Which is stagnation + inflation. Which is, high unemployment( beginning) low to non existent economic growth(-2.8 % gdp 1st qtr) And high inflation.(1.7% in January, the highest rate since dec 2023). DJT- great economy eh. Elon, "there might be some initial pain". Yeesh- it took Reagan 3 years to dig out from his creation of stagflation. Add in to all this- the coming defunding of all safety nets? Trump is going to recreate the great depression. The signs are there. Prepare accordingly. Im sure anarchy will be "interesting". |
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