Economist Alan Beaulieu (of the Institute for Trend Research) is well-known in the distribution world as a prolific speaker at association events and often remembered for his frightening Recession in 2009-2010 theory. When I asked him recently whether there were opponents to that idea, he replied honestly: Of course.”
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Beaulieu’s forecast is based on the idea that we are already in a slowdown in part due to the housing decline, high interest rates, baby boomers’ approaching retirement (resulting in&nbsp ; government budget strain),&nbsp ; high oil prices (and the impact that will have on consumer spending) and demand for oil in India and China, inflation and pressure on wages, and a slowdown in business spending. He uses a series of graphs that show how the current trends …