El-Erian highlights three critical stages of economic weakness: struggling lower-income households facing dwindling savings and mounting debt, a hesitant corporate sector adopting a wait-and-see approach, and the looming threat of potential tariff conflicts that could disrupt global supply chains.
Trump’s Tariff Push Sparks Recession Worries As Mohamed El-Erian Warns Of Rising Risks, Peter Schiff Suggests ‘Short-Term Pain’ Solution
