“Add decoupling to your lexicon and you will be au courant: analysts who confidently predicted Americas problems would not spread, are now less certain that the US economy is decoupled from the rest of the world.”
I have never found a socially acceptable (in today’s society) word to describe the sheer idiocy of any “analyst” who touted the idea that the world had “decoupled” from the U.S. economy. It is ABSOLUTELY mind-boggling.
>> sheer idiocy of any analyst who touted the idea that the world had decoupled from the U.S. economy
Wasn’t idiocy as much as hubris. Kid economies who fooled themselves that they were “all grown up”. Oops!