‘Is Britain going Bust?’
Je hebt hem misschien al even voorbij zien komen. Op de cover van de laatste editie van The Economist staat de Britse premier Starmer met lege zakken en de vraag:
‘Is Britain going Bust?’

Yikes! The latest ISM data have produced a stagflation chart. New orders, a gauge of future economic activity, are down, while prices paid, an indicator for #inflation, are up!
While new orders have been pretty volatile and may still be in an uptrend, prices paid rising to a multi-year high complicates things, including the Fed's ambition to lower rates.
The US economy is going to a rough patch, which Trump and Bessent have decided to blame on Biden.
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