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Will Trump’s Economic Policies Lead to Far Reaching Stagflation?


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Posted

If Trump’s anticipated wide-reaching import tariffs and mass deportations cause inflation in the USA to spike again, wages to rise considerably because of low cost labor shortages, which eventually leads to a large economic slowdown where unemployment rises (together with already high inflation), and you end up with a situation in the US of sustained stagflation, then will this affect you at all?
 

And will even higher interest rates, reminiscent of the Volcker era, together with even more bankruptcies, more people defaulting on their car loans, credit cards, and mortgages, and companies having to shut down and lay off workers because of shrinking demand related to Trump's unsustainable economic policies, then do you think this will have far reaching consequences even for people living outside the USA?

Posted

Is this the fan fiction sub-forum?  

 

I'll contribute:  If Jupiter falls out of the gravitational pull of the sun and affects the Earth's gravity by 2.5 x 10^-5N/kg, (which is about 0.00025% of Earth's gravity), then will this affect you at all?

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