How the Iran War Could Break the U.S. Economy

“At its linguistic core, the two-word phrase ‘demand destruction’ feels severe, harsh, maybe even violent,” CNN reports.

“In practice, that’s not far off: It means that the magnitude of a price shock can be so large, so persistent and so painful that spending behaviors shift – sometimes to the point where they permanently alter the course, the structure and the stability of a sector or an entire economy.”