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Reply to "Are we heading to a recession?"

China is exporting deflation.  If you walk into a dollar store most products are either made in China or made by organized crime using illegal immigrants. No one knows for sure how these Western economies are going to function in the short term when these Chinese deflation products experience tariffs in Western markets and are no longer deflation products. The risk is that these Western economies may have run away inflation in the short term. 

Prashad
Last edited by Prashad
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