No. of Recommendations: 1
This story is yet another example of A.I.'s effect which is not so good.
There is as far as I can tell a single story in which two or three people are quoted as saying there is a structural goods recession in which the tariffs are one of several factors, and probably not even the major factor. The other two mentioned were the problems in the housing market and fundamental changes in what consumers are buying, i.e., they are simply buying less physical goods overall, and that's said to be a permanent change in consumer purchasing patterns.
But this is now all over the internet, dominates search responses. Infinitely self-replicating.
How correct are the conclusions?
Who knows, it's the opinions of a few people in the industry; so possibly well informed; but the emphasis on tariffs is purely a creature of A.I. psyops.
