I think 40% is generous. I would be willing to bet we're closer to 100% with the path he's on. There is zero chance it is avoided with the insane tariff war he is manufacturing needlessly. It is completely unjustified. He needs a serious psychological evaluation by impartial Dr's. Mentally unfit
I feel like it will only be a USA recession not a global one. The whole world has been working hard in recent months to protect their own interests including trade as we all know what the felon is capable of. I think weβll all be ok out here
Or the world can realize the US is only 350 million out of 8 billion people and stop pretending the US is special. Trading among all of us and supporting diversity in all aspects of life
Causing economic destabilization not only in our country, but in countries worldwide, which could precipitate a world war, has just GOT to be enough of a reason to impeach, convict and remove both tRump and Vance, and to arrest the muskrat along with his tech bros.
Imagine Kamala is the president and those 3 billionaires paid $210 billion taxes
For them would be the same
No Medicaid cut, no social security cut, no education cut, no veterans cut, no any cut
And stock market would be still go up
Just imagine
Particularly, given his erratic and unstable behavior. No one can trust him, and his brain is so shriveled, he doesn't know what he says or does from one minute to the next. If he were someone's old dog, I think you know what they'd decide had to be done...
This isnβt rocket science people. Tax the rich and corporations at the same rate as the rest of us, eliminate the payroll tax cap, eliminate deductions. Bingo, government funded, medicaid/medicare/SS fully funded. DOGE can get Fβed and we the people have a happy life.
Well if magats think the Carter days were the great days, weβre on track. Analysts are starting to use the word stagflation in their forecastsπ€·ββοΈ
Wall Street insisted Trump (&, by association, Musk) was/would be great for the economy. I stopped listening to Wall Street after 1.0 cost me 1/3 of my retirement & Trump told everyone to shoot-up bleach. JFC, Finance Bros really need to get over their infatuation with the little Georgie Minifers.
The Trump/Elon recession is going to happen.
This is only the half of whatβs to come.
People need to get their heads together and start preparing now.
almost certainly, JP Morgan (who I thought were an evil big bank ?) have been making predictions like this for years and years so we could figure out if they know what they are talking about or are just blowing smoke
also did I say that JP Morgan is an evil big bank ?
I don't know what bothers me most about this. The report or the fact that a company that was bailed out for almost tanking the global economy is reporting it.
Trump Was Asked About America Possibly Entering A Recession, and it's Not reassuring. Trump said, I hate to predict things like that. There is a period of transition because what we're doing is very big. We're bringing wealth back to America. He's a fucking liar. https://www.buzzfeed.com/michaelabram...
I am feeling terrible for Americans right now. The Left and Right. I sure that most did not expect or want to see this level of dismantling of government. Is there waste, sure. Is there fraud, no doubt there is. Seek out the waste and fraud and fix it. What is being done is destroying your nation.
Not only is someone in the country probably wanting to take him out because of this, now he's got the World. Enjoy your golf Yam Tits. Your days are SERIOUSLY numbered. Mark me.
JP Morgan Chase is likely being conservative with their estimate so not to cause even more market panic. Itβs likely closer to double their predicted number.
And we can thank the fat bastard for this! Lord, I hope he does! I pray he dies! Have you ever noticed how much he looks like "Fat Bastard" from the old Austin Powers movies? The resemblance is uncanny.
An old Jamaican saying, " Want all, lose all"
I see many of these racists entities in the near future begin to address people beneath them with the honored sobrequets of "Mr." & "Mrs." The trope, "my friend" won't work much after this as their very lives might depend on it.
π―π―π―π―
To push us all to use their crypto.
Part of a bigger plan from the techno-oligarchs.
Itβs bigger the the orange buffoon and his space-daddy
The EU is welcome to come haul his fat, Nazi ass off to the International Court of Justice, in The Hague. Americans will happily chip in and pay for his transportation over.
If usual trump playbook holds, he'll make it infinitely worst, use other people policies to make it better, and then claim that he's the only one who could have done it. And his cult will believe it because they're π― morons.
One man.... one man is responsible for all of this. One man made the entire world economy fall down. One man is driving a country into "The Great Depression II". One man... The party that nominated him as their leader and savior is fully culpable for his behavior. #Resist
& the Chump said "Hold my coke, I know I can get to 100%, now give me back my coke & a clean plastic straw, the other one has too many boogers on it...
But good if it causes the economy to crash so bad that Trump and Vance are impeached and removed for all their illegal activities, including the illegal tariffs on countries that we have signed trade agreements with.
Well not the world just Trumps US, stop lying JP Morgan. We move our wealth back home to Europe as long as USA turns us their backs. We donβt invest in a@holes πππ
Chase will adjust this % higher as people stop paying their credit card bills after they run them up because they need to eat and lost their jobs. You are right; not good! π³
Iβd love to talk to someone from the finance world about how this affects laypeople, how this convince the middle class into using their crypto for retirement, and how these changes in the market cause wealth to further condense upward.
I watch CNBC in the mornings, a bellwether for the capitalist mindset. Rich people (rather unhappy at this point) seem to be counting on tax cuts. The middle class will flee the market (I have friends who did so). Warren Buffett has hoarded cash. Crypto is for young (dumb?) tech bro's.
Thank you.
Do you see this as a moment or period localized to the US that will set itself back on the same capitalist course due to the global financial systems & systems of bailout, early knowledge and short sells that will further concentrate wealth at the top, or as a more far reaching upset?
I'm not a financial analyst, only someone who pays attention to financial news. So, I think that Trump's tariffs could lead to at the very least a recession here (as well as in Canada and Mexico), and possibly worldwide. He's an unmitigated disaster.
That's rich coming from the largest money-laundering operation in the world. They're COMPLICIT, if not outright guilty of CONSPIRACY TO DEFRAUD THE UNITED STATES.
Comments
For them would be the same
No Medicaid cut, no social security cut, no education cut, no veterans cut, no any cut
And stock market would be still go up
Just imagine
It assumes that with an oops, they'll get their defence industry back, that people will travel to the US, that trade won't get redirected.
π
Depression.
Going to make 2008 seem like a blip.
So.Much.Greatness.
140%!
This is only the half of whatβs to come.
People need to get their heads together and start preparing now.
Electric chair, Lethal shits in your blood, firing squads, a nice soft rope or a big bus ????
also did I say that JP Morgan is an evil big bank ?
I guess we could look at it as an expert witness.
https://www.buzzfeed.com/michaelabram...
I see many of these racists entities in the near future begin to address people beneath them with the honored sobrequets of "Mr." & "Mrs." The trope, "my friend" won't work much after this as their very lives might depend on it.
To push us all to use their crypto.
Part of a bigger plan from the techno-oligarchs.
Itβs bigger the the orange buffoon and his space-daddy
Calling all artists to make up the posters and memes for this.
The US has a far reach. The Felonβs disastrous ideas wonβt just hit us.
You would reach more people, when you add a good description into the Alt-text field.
That is pretty easy, especially, when your image just contain text.
This way, you support visually impaired people and everyone else, who rely on a good filled Alt-text.
#accessibility
Do you see this as a moment or period localized to the US that will set itself back on the same capitalist course due to the global financial systems & systems of bailout, early knowledge and short sells that will further concentrate wealth at the top, or as a more far reaching upset?