The Era of Slow Growth is Dead. Here’s Why That Should Terrify You.
The era of secular stagnationโour comfortable decade of low growth and low ratesโis officially dead. Murdered by AI, reshoring, and massive fiscal deficits, we are entering a volatile new regime. But this isn’t a smooth utopian boom; it’s a chaotic transition from a demand-constrained to a supply-constrained world that will blindside anyone clinging to the old normal.