Another Major Exporter Plunges As Demand From U.S. Vanishes

Jeffrey P. Snider
By Jeffrey P. Snider of Eurodollar University
Chief Investment Strategist •

U.S. Has Fallen: Even a top food producer is reporting deflationary conditions.

Time, Time Management, Stopwatch, Industry, Economy

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U.S. Has Fallen: Even a top food producer is reporting deflationary conditions.

India reported a huge drop in exports, one of its worst on record. A major US food producer says demand has worsened to the point some of its brands are having to cut prices. American banks are now scaling back certain loans. What do all these have in common? US consumers and the deflationary recession.

Video Length: 00:17:54

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