Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How Stagflation Is Reshaping the Factory Floor
Lucas and Luna examine the stunning spike in factory job cuts this June, which hit levels not seen since the financial crisis and the early days of Covid. They discuss what this means for the broader economy: why manufacturing is contracting even as consumer spending holds up, and how the 1970s playbook of stagflation offers a grim template. Lucas brings the data: factory job cuts in June approached nearly 200,000, according to S&P Global, while Luna pushes back on whether this is a structural shift or a cyclical correction. They also look at regional disparities: Nevada is booming while the…
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