> Who will afford to buy their expensive products?
Fewer and fewer people. Yes, a shrinking of the consumer economy. It will work, just not like it has in the past. As I see it, you are absolutely correct in your assessment. Absent a proactive approach, the alternative (which I think we will live to see) will be watching the system break.
Perhaps a lame duck president rebalancing tariffs can slow the slide, but I think the end result will be the same.
Fewer and fewer people. Yes, a shrinking of the consumer economy. It will work, just not like it has in the past. As I see it, you are absolutely correct in your assessment. Absent a proactive approach, the alternative (which I think we will live to see) will be watching the system break.
Perhaps a lame duck president rebalancing tariffs can slow the slide, but I think the end result will be the same.