The Peter Zeihan Podcast Series

The Fire Hose of Chaos: Wait, The Recession Is Already Here?

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Apr 23, 2025
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INSIGHT

Economic Expansion to Recession Trigger

  • The U.S. was in economic expansion before chaotic policies hit business confidence.
  • Erratic regulatory and tariff risks froze business planning and will trigger a recession.
INSIGHT

Federal Spending Persists Amid Chaos

  • Federal government spending continues despite firing attempts due to legal and congressional constraints.
  • Government chaos slightly negatively impacts economy but is not a major recession factor now.
INSIGHT

Industrial Construction Halted

  • Industrial construction in the U.S. came to a complete halt starting March 1, 2023.
  • Uncertainty from regulatory changes and tariffs caused the longest pause in industrial building since WWII.
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