How bad are we thinking the market crash is gonna be tomorrow? (Pretend this is a poll)
- bounces back within a week
- bounces back within a couple weeks
- bounces back within a month
- minor recession
- major recession
- bounces back within a week
- bounces back within a couple weeks
- bounces back within a month
- minor recession
- major recession
Comments
If Further similar action solidifying into major
On the bright side the next democrat president will have the easiest route to be hailed as a economic hero. Reversing the tariffs in a couple of years and returning to the prior status quo would make everyone feel better off without the democrat prez having to actually do anything.
To help the US: Hopefully someone in his administration knows about 1930.
To destabilize the US to help his Russian buddy: BURN BABY BURN!
If we get more in the coming weeks… minor recession at the very least (I don’t believe Trump and Elon are above pulling a CFK by manipulating macroeconomic data though)
(Honestly, part of me is wondering that if he keeps trying to blow up the economy, he'll end up getting forcibly removed from control by one aggrieved party or another)
Given their level of competence... major recession.
The market futures don’t look great 😬
Or a Major Recession no other option.
The issue with Canadian tariffs is Trump legitimately wants annexation.
They need to convince him US don’t need Canada. Tell him they’ll vote Blue?
Military annexation won't happen because even the most sycophantic general can see insurrection brewing.
Minor recession if he backs down (won't happen)
Wait... No, that's me. Never mind.
Right now we call the economic situation starting in October of 1929 the Great Depression.
Honestly, I think the likely outcome will be companies raise all their prices, people get angry, tariffs get rescinded, but then prices don't go down because all those those companies just got a margin bump
wait, the 2008 financial crisis ended? wh en?
If the economy melts down tomorrow, the only reason they might allow that is to blame Biden.
If we are not lucky...
the reaction won't be fast enough tho so is like when you go on the grass in Mario cart
But even if he does a full about face, the panic will have already begun. "Panic" like in 19th c. history books
They will take literally any excuse.
https://bsky.app/profile/npr.org/post/3lhbydlg5vk2v
People lose jobs, businesses get wiped out, but to the people with the money, it's just an opportunity to buy low.
*They* want shit like this to happen so they can pick up the country cheap and rule it like a business.
"Just kidding!" on tariffs, for example, isn't going to magically fix US trade partnerships.
And we haven't even felt the effects of Musk randomly cancelling fed spending.
Not even a thanks for your sacrifice, just oh well, sucks to suck, feed me another boot.
They really don't pay attention to what he says at all. 3/3
Boot is the fruit of the capitalists. You can barbecue it, boil it, broil it, bake it, sauté it. There’s boot kebabs, boot creole.
There’s boot gumbo, pineapple boot, lemon boot, coconut boot, pepper boot.
Boot soup, boot and potatoes, boot burger, boot sandwich.
(And I'm still pissed that Biden didn't use the blanc check the supreme court gave the president in order to get rid of the Nazi and all his cronies)