Warning US economy could be headed toward outcome worse than a recession
As President Donald Trump's tariffs take effect, fears are growing that the US economy is headed toward an outcome which is widely considered to be worse than a recession. Economists are becoming increasingly concerned that 'stagflation' could be rearing its ugly head for the first time in 50 years. Stagflation is the combination of economic stag-nation and in-flation. Prices continue to soar at the same time as economic growth slows and unemployment rises.
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