
MacroVoices #314 Lakshman Achuthan: Inflation is Neither Transitory or Secular, it’s Cyclical
Macro Voices
00:00
Is It a Dundeal or a Guaranteed Recession?
Growth in the hard data that finds the economic cycle fell to an 11 month low by early this year. That's down from a peak of a very strong growth rate of 15 %. And that is a, you know, already, it's a cyclical slowdown. The problem is that there's no forecast of an upturn, right? and then we're piling these problems on top of something which is already slowing very, very rapidly.
Transcript
Play full episode