Reminiscences of the Trichet Fiasco

This is a video summary of our March 21 note, Reminiscences of the Trichet Fiasco

Figure 2: Over the course of ‘25, as a consequence of three fiscal adverse aggregate demand shocks, immigration, government spending and tariffs, goods consumption slowed from 4.2% to 1.5% and services from 3% to 2.4%.

Barry C. Knapp

Managing Partner

Director of Research

Ironsi…