India, Sept. 19 -- The US economy may be heading for troubled waters, thanks to two unexpected culprits: US President Donald Trump-imposed tariffs and the rise of speculative assets like Dogecoin, according to Mark Zandi, Chief Economist at Moody's Analytics.
In an interview with Business Insider, Zandi outlined how a mix of poor policy decisions is pushing the United States close to a recession-like situation.
"The reason why the economy is on the precipice of recession is policy," Zandi said. "If we go into recession, just how deep and long the recession will be will be because of policy."
Pointing to the source of economic strain on the US economy, Zandi said President Donald Trump's tariff regime, restrictive immigration policies, ...
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