Thursday, May 12, 2022

Is “Meltdown” The Correct Term To Describe The Current State Of The U.S. Economy?

Is “Meltdown” The Correct Term To Describe The Current State Of The U.S. Economy?

I have really been struggling to come up with an accurate way of describing the current state of the U.S. economy, because none of the traditional labels seem to apply.  Inflation is out of control, and that normally happens when an economy is overheating.  But of course the U.S.