Trump’s tariffs could usher in a worst-case economic scenario not seen since the 1970s

Biztoc.com - December 17, 2024

Trump’s tariffs could usher in a worst-case economic scenario not seen since the 1970s

Jamie Dimon, head of America’s largest bank, JPMorgan Chase — and commonly referred to as the ‘president of Wall Street’ — spent much of this past year warning that there’s an elevated risk that the US experiences 1970s-esque stagflation, which is when econom…

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