Part 8/9:
A lack of new loans from banks—as indicated by historical data of commercial lending correlated with unemployment claims—suggests a future in which businesses struggle to keep afloat, potentially leading to pervasive economic stagnation both in the U.S. and globally. The apprehensions surrounding global inflation, tightening consumer budgets, and high-interest debt lead to a convergence of factors that could contribute to decreased spending, thereby fueling recessionary trends.