Nouriel Roubini notes:
“Unlike the 2008 global financial crisis, which was mostly a large negative aggregate demand shock, the next recession is likely to be caused by permanent negative supply shocks from the Sino-American trade and technology war.”
U.S., China dig in over trade; Trump calls
on firms to cut ties with Beijing
https://www.washingtonpost.com/business/2019/08/23/china-hits-us-with-tariffs-billion-worth-goods-reinstates-auto-levies-state-media-report/
When will Trump supporters finally say, ‘Okay, this is not normal’?
https://www.washingtonpost.com/business/2019/08/23/china-hits-us-with-tariffs-billion-worth-goods-reinstates-auto-levies-state-media-report/
When will Trump supporters finally say, ‘Okay, this is not normal’?
https://www.washingtonpost.com/opinions/2019/08/23/when-will-trump-supporters-finally-say-okay-this-is-not-normal/
How to respond to a manic president driving the
economy into the ditch
Once a beacon of stability, the U.S. has become a source of tumult.
https://www.bloomberg.com/opinion/articles/2019-08-22/ahead-of-jackson-hole-emerging-markets-lose-faith-in-the-fed
The Trump economy: A chaotic, contradictory response to a slowdown
Soaring deficits could put Trump in a corner if there's a recession
The Trump economy: A chaotic, contradictory response to a slowdown
Trump’s recession strategy will be trying to prove his wrong ideas are right