Top Economist Sounds Alarm Over Looming Recession in Weakening US Economy
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Top Economist Sounds Alarm Over Looming Recession in Weakening US Economy
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About this listen
The episode presents Dr. Elizabeth Harper's stark warning about a potential U.S. economic recession in 2025, detailing her reasons and potential outcomes. Harper, an economist with a history of accurate predictions, cites declining consumer spending, labor market weakness, persistent inflation, supply chain issues, geopolitical risks, and a global economic slowdown as key drivers of this concern. The article outlines potential consequences for consumers, businesses, and financial markets, while also offering policy recommendations to mitigate the risks. Although some economists offer counterarguments, Harper stresses the urgency for proactive measures to ensure economic stability.
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