Attention Economy


Friday, August 23, 2019

Will a Self-Inflicted Supply Shock and/or Bad Leadership Cause the Next Recession?

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’?