Potential American recession gets new timeline from analyst

Newsweek features Cristian Tiu about a potential American recession and its timeline. "In the best case scenario, we expect overseas businesses to move production to the U.S., and hire workers and invest in the American economy. But manufacturing in the US is more expensive - so higher prices, thus inflation,” Tiu said. "In the worst case scenario, prices go up (so still inflation), demand declines, other countries export less to the US, so they'll have fewer dollars and probably buy fewer Treasuries [sic], so rates will go up even more, so maybe even more inflation. And with less demand (this less growth), that's stagflation."