I'm no economist, but what more can be done to create one? How is it avoidable? This is so out of control, is something very drastic the only option?If this can't be changed in the immediate, where does it go from this point on? Americans are pissed & reacting. Get er' done America ..go get them!
My wife & I just watched a documentary last night on the 30's depression. THAT was scary. But what is as scary is the present state of affairs. And this is far from over. What we did learn also, was just how fast it happens. And the ordering of uniforms to quell the uprisings. This is scary folks.
Supposedly, this is a shakedown for billionaires to consolidate wealth. The stability and recovery of this shakedown is predicated on the assumption that US produce is too valuable for global trade partners to cut ties.
If trade partners cut ties, the US economy will crash harder than a century ago
70%, good God. I respect it, every trading partner should follow suit. To be completely abd irreparably humbled is the only way America will learn. And so it doesnt go without saying; sorry. Tell ur people I welcome Canadian liberation
Well, Godspeed. plenty of American kids are still joining the military like its no issue. The American people are so thoroughly indoctrinated, im not sure anything will spur regime change.
It didn't take Trump long to tank the economy. He has only been in office for 73 days. This is a new record for how inept a President has been with the economy. Now he's stating that causing a recession was his plan all along. Too bad he wasn't upfront with the voters before the election.
You would think after a quarter century of every time they think that there's no difference between the parties and choose the Republicans, only to find out they were wrong and they made things worse people would learn.
It had to happen experts predicted it long before inauguration dayafter the election now reap what you sow as we say across the pond ...you make your bed you lie in it
What a bunch of aholes! They should have been publicly warning America about the stupidity and risk of Trump Tariffs! Hateful MAGAs won’t listen to anyone in the left.
No legitimate economic plan starts with a multi year recession. Even suggesting this is insane. This is an intentional trashing of the economy at the orders of putin.
Thanks for answering. :) I think this is just worded badly though because if weather forecasters told you there was a tornado "warning", that means it's coming and make yourself as safe as possible quick.
This even sounds nitpicky to me, but I'm tired of smug memes that read like word salads.
My pleasure! I am inclined to agree with you though, I think it's not worded correctly. I think it's meant to scare you, but it's not delivering its message properly. Shame, because it could be a strong point to make
That is delusional. They can go bankrupt too. Depends how bloody it will be. Nobody wants a recession but the bigger players will have better probability to survive it a maybe some of them will get something out of it after years.
This is indeed how economists crank their score. Just read the newspaper and predict the present. Everyone two days behind you in their reading is gobsmacked that you got it right.
Remember when Jamie Dimond practically laughed at the thought of the stock market going down under Trump? Now his company is saying we are definitely going into a recession? How much laughing are you doing now, Jamie?
With the millions he has made in the market, I'm sure he has a very soft cushion to sit on even if the market totally goes down the toilet. But I heard that he is going to step down and a woman will be taking over his job
For 4 years, the Felon 47 and Republicans falsely predicted Biden would take us into a recession, but instead, they have literally created a self-fulfilled prophecy by their own actions during their watch.
Comments
If trade partners cut ties, the US economy will crash harder than a century ago
https://www.avweb.com/aviation-news/canada-u-s-flight-bookings-drop-dramatically/
You’re welcome future historians
Sow chaos & bring down the west.
Good boy krasnov.
LOL
That's right.
If only.......
https://bsky.app/profile/mickeykuhns.bsky.social/post/3llzctnfjjc2d
But I know, it’s my fault; I shouldn’t have ordered the avocado toast.
https://www.scientificamerican.com/article/big-banks-quietly-prepare-for-catastrophic-climate-change/
This even sounds nitpicky to me, but I'm tired of smug memes that read like word salads.
Thank you, friend out in the cyber world. :)
👇
#TrumpDepression
https://m.economictimes.com/news/international/global-trends/there-will-be-blood-jpmorgan-warns-of-60-global-recession-odds-under-trump-tariffs/articleshow/119965761.cms
Just let that sink in for a moment.