| staglfation is coming |
I hate to tell you this, but what we are facing will be three times worse than the 70s stagflation. We were losing 5 million barrels a day then, we are losing 15 million a day now. The global recession is being called “trumpflation”. |
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https://www.businessinsider.com/recent-company-layoffs-laying-off-workers-2026
or nonpaywall: https://archive.is/20260210205933/https://www.businessinsider.com/recent-company-layoffs-laying-off-workers-2026 "More than 100 other companies, from Amazon to Nike to Verizon, have filed legally mandated WARN notices about job cuts to come in 2026, according to WARN Tracker. Some of the cuts are part of previously announced reductions." |
| OECD warns of an inflation spike to 4.2% because of the iran war. |