Abeg, my people, make we gather sidon talk about di wahala wey dey happen for US economy, e go shock you!

Since September, market no dey rest o. Economist for Deloitte, Michael Wolf and im team don yan say US economy dey waka upandan, and dem dey bring three different gists on wetin fit happen for di economy from now till 2030.

According to dem, dem base forecast na di one wey dem believe as reality. Omo, dem dey predict high high tariffs wey go sure make people get small money for pocket.

As of now, di average effective tariff rate don rise come 10% from 2.5% when di year start, and dem dey expect dis ting go reach 15% for early 2026, if e no change from court or wahala from new government. Na im say importers go dey pay more to bring goods come America!

Dem also don notice say immigration don dey drop, so na only 3.3 million people wey go come join di US labor market from now till 2030. And dat one go cause problem as less workers dey mean less money dey circulate for di economy!

Chai! Even di AI wey dey make business investment dey grow, dem don begin wan slow down. Dem gats balance am well because if dem invest too much, e fit backfire for di economy.

Consumer spending too dey slow down, as high inflation don come back dey burst our pockets. Di experts dey predict dat consumer spending go still dey low at 1.6% for 2026, wey dey down from di 2.6% wey dem expect for 2025 due to all dis economic wahala!

No forget say unemployment rate dey rise small-small too. E don get as high as 4.6% recently. E be like say we dey enter 2026 with low energy, abi wetin you think?

And as di government dey try to adjust taxes, di one wey dem call di ‘One Big Beautiful Bill’ don make taxes dey rise wey go increase di deficit to 7.1% of GDP by 2027. Una fit reason am say this plan na wetin go slow di economy down, even as dem dey try bring am back again.

But no worry too much, economist dey expect di economy fit turn around by 2029. Wetin we fit do na to dey watch how dis things dey unfold and see wetin we go do as consumers. As for now, we go just dey dey, follow di news well well!