It is beginning to look a lot like the 1970s.
The economy is slowing, oil prices rising and the Democrats trying to get rid of a Republican President.
"Stagflation", a term popularized in the 1970s, is starting to look like it is rearing its head again. With the economy slowing, we are seeing oil and food prices shooting up. This is going to cause difficulty for the average worker.
The situation could be worsened by the war or words taking place between the U.S. and Iran. Sanctions are already in place whihc could cause the Iranians to retaliate.
Iran has vowed to strike both the U.S. and Israel.
