Jai Siya Ram
Yes, economist Mark Zandi, who accurately predicted the 2008 financial crisis, has recently warned that the U.S. economy is on the brink of a recession. According to Zandi, states representing nearly a third of the U.S. GDP are currently in or at high risk of entering a recession. He also forecasts that inflation will rise above 3% and approach 4% by next year .www.ndtv.com+1
Additionally, economist John P. Hussman, known for his accurate predictions of both the 2000 and 2008 financial crises, has stated that a recession might hit the U.S. economy as soon as mid-2025 .Newsweek
These warnings come amid concerns over political interference in economic institutions. Economist Claudia Sahm has expressed deep concern over increasing political interference in key U.S. economic institutions such as the Federal Reserve and the Bureau of Labor Statistics. She argues that recent actions threaten the independence and credibility of these institutions, potentially leading to inflation and financial instability .Financial Times+1
Furthermore, billionaire hedge fund manager Ray Dalio has issued a stark warning about the trajectory of the United States, claiming that rising wealth inequality and eroding trust are pushing the nation toward autocracy. He also expressed concern over the surging U.S. government debt, forecasting a potential debt crisis within three years due to unchecked budget deficits .The Guardian+1
These developments suggest that the U.S. economy may face significant challenges in the near future.
