The Peter Zeihan Podcast Series The Fire Hose of Chaos: Recession Time
May 9, 2025
Dive into the chaos of impending economic turmoil sparked by aggressive trade policies. Discover how tariffs on China are disrupting shipping and inventory, leading to diminished consumer confidence. The conversation sheds light on the long-term effects of these political decisions, suggesting that we may be heading into a policy-induced recession. Brace yourself for insights into how these factors intertwine and the potential impacts on future economic growth.
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Trade Policies Trigger Recession
- Trump's aggressive trade policies have pushed the U.S. into a policy-induced recession.
- Tariff escalation with China halted shipping and caused severe shortages starting May 2024.
Tariffs Squeeze Manufacturing Confidence
- Over 100 tariffs in two months caused uncertainty and destroyed manufacturing confidence.
- Industrial construction spending dropped to zero, which never happened even during COVID.
Consumer Confidence Crashes
- Consumer confidence plunged to its lowest since the 2007 financial crisis.
- Housing and auto sectors contract sharply due to tariffs and economic uncertainty.