🦋°•If I could show you how awful you made me feel, you would never be able to look me in the eyes again.°
"This threatens the worst possible scenario: a kind of stagflation,"
"If you are a corporation in the US or Europe, do you think you have a global market or only a European market? Where do you place your factories? "
"The government has a huge number of contracts, and we just break them.
" What risk do you want? The US has become, I would say, a terrible place to invest, "
Stiglitz argued that uncertainty is likely to slow economic growth, while Trump's tariffs and other countries ' retaliatory measures will lead to higher inflation.
"I can certainly imagine a scenario in which we will come to stagflation — we will get inflation and a weak economy,"
"I can't imagine a really strong economy, because I just see the global economy suffering a lot from the uncertainty that Trump is creating."
🦋°•If I could show you how awful you made me feel, you would never be able to look me in the eyes again.°