Tag: downturn

May 31, 2019 admin123@ No comments exist

Tariff war What happens to the global economy if the tariff war escalates?  The tide going out lowers all boats.  Higher import costs drive up inflation, squeeze buying power & drag down consumption.  Firms respond to lower demand & earnings by cutting investment & jobs, which worsens the downturn.  Tariffs sound good, but are actually…

October 6, 2017 admin123@ No comments exist

Hemline index Women’s skirts get shorter in an upturn, but revert to more conservative lengths when things aren’t so good.  George Taylor’s 1920s economic measure still holds up Guessed the Word?    Series 10 (1/8)     [photo: Alba_Benavides]