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Why one veteran economist is doubling down on his 2025 recession call after Trump's victory

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Johns Hopkins economist Steve Hanke says the US economy is likely to slow into a recession next year .

The money supply shrank from mid-2022 to March 2024 , a rare trend that's only happened four times over the last century .

Trump 's protectionist economic policies also impose a "big negative" for the economy, Hanke said.