This next recession will be very ugly. I hope everyone on here is prepared. Last time the dollar was a safe haven asset, so those that saved were ok. We will have stagflation and the price of the dollar will collapse.
I think we will finally get inflation! Corporations will move productions out of China. I expect at least 20% will come out of China and into higher cost locations. This will drive up costs. We had it too good for too long.
Could you explain more about why we will have stagflation and a dollar collapse? Geniunly curious.