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Reply to "How long till the economy collapses?"
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[quote=Anonymous]Not just recession, but stagflation. Normally when demand drops so do prices. And the fed lowers rates to stimulate growths But with higher interest rates already and tariffs poised to raise prices and uncertainty preventing companies from taking on more growth (hiring building etc) while rising unemployment due to people losing jobs (Feds to contractors to all the goods and services not being used because people have no jobs) it creates the perfect storm for both a recession and high inflation. Not to mention tariffs will make home building even more expensive so already low inventory and high rates means a stagnant and unaffordable housing market. Takes a special kind of genius to create this situation! [/quote]
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