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How War in the Persian Gulf Could Spill Into the U.S. Economy
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How War in the Persian Gulf Could Spill Into the U.S. Economy

1 min read

Rising energy prices, snarled supply chains and higher government debt could all hurt American consumers.

Three kinds of events have historically pushed the United States into recessions: financial crises, oil price shocks and pandemics. The U.S. and Israeli attacks on Iran have already brought about the second circumstance on that list and, if things go... [1841 chars]

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Source: The New York Times

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