What is next for the US?
My own guess is that it will either be Stagflation or Deflation. Stagflation if the rest of the world really has decoupled and can sustain demand despite the weaker demand from the US consumer, Deflation if the global economy is still mainly reliant on the US consumer.
My own guess is that it will either be Stagflation or Deflation. Stagflation if the rest of the world really has decoupled and can sustain demand despite the weaker demand from the US consumer, Deflation if the global economy is still mainly reliant on the US consumer.