David Lin: Economy Going off the Cliff, Recession Risk Spikes

In a stark assessment of the U.S. economy, Professor Steve Hanke, a leading expert in applied economics at Johns Hopkins University, painted a grim picture, warning that the nation is “going off the cliff” and a recession is all but inevitable. Hanke shared his concerns in an interview with David Lin, casting doubt on the optimistic pronouncements delivered in President Trump’s recent State of the Union Address and highlighting the devastating consequences of the ongoing trade war. During the interview, Hanke didn’t mince words, asserting that the economic indicators he monitors point towards a significant downturn. He criticized President Trump’s…