“The consequence will be empty shelves in US stores in a few weeks and Covid-like shortages for consumers and for firms using Chinese products as intermediate goods.” — Apollo Global Management Chief Economist Torsten Slok.
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We usually can't get one 'right away'. It's a whole process. If a civil wars breaks out, though, there will be a lot of northern Americans seeking political asylum, I'm sure.
will this be the moment where members of the MAGA cult realize that the 🍊 buffoon who is in the White House is a moron and that his only loyalty is to his rich friends? As a result, he will screw all the other Americans without shedding a single fake tear!
Have any pension funds asked about this? Any journalists? It sure seems like Rowan had a cultural obsession with woke universities that severely clouded his financial judgment.
I am not free trade to point of the late Milton Friedman, but who the hell is. But if I have to choose between what Trump is doing with tariffs, and no tariffs at all, I'd choose the latter.
I hate to see us lose to China. Thanks for nothing, Trump. Maybe if we are lucky, Trump will declare victory, and say he's tired of winning, and pull the tariffs.
Already seeing them. Wal-Mart in a town of 5,000 today had several empty shelves. Overheard conversations of employees telling customers it could be 2+ weeks before they have item XYZ in stock. Aldi had also rearranged the store layout to spread things out a bit so they don’t appear low on stock.
Call your congressperson/seat warmer and your oh-so-deliberate and slow-acting senators. Tell them if this tariffs sh*t is not resolved and laid to rest in the next six weeks or so, once the supermarket shelves go bare, there will be rioting in the streets. 🤨
"Not just any depression. Oh no, great depression. Bigly depression. The greatest depression in the history of man. People are saying, 'Nobody does a depression like me. They call me the great depressor. One of the record books. History books will recognize me, Trump, the greatest depressor!"
A lot of therapists have patients suffering from Trump depression. With The Trump Depression, those patients may longer be able to afford those therapy sessions.
At the rate Trump has the economy going, the forecast for shortages of everything, and with massive layoffs, the people of Springfield better keep their dogs and cats inside or be prepared to eat them themselves.
What's REALLY gonna be a blast, is if a lot of Americans find out they're better off without buying stupid stuff. Start doing things etc. So even when this regime's idiocy changes it all back again, no one wants all the stupid plastic trinkets.
Everyone forgets about the local restaurants, stores that employees go to on work days. They won't have customers. Can you imagine all the little places that 275,000 fed employees used to frequent on their lunch hour?
I think the biggest problem is that, for far too many, until they are personally affected they simply don't care enough to do anything to stop the slide into authoritarianism.
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If you wanted to destroy America, what would you do differently?
It’s all part of the Nerd Reich technofascist Dark Enlightenment plan. Unfolding like clockwork
I guess everyone is forgetting about the shortages during the pandemic.
have gotten so many comments hoping that things will go back to normal soon and that there’s a lot of unwarranted fear, uncertainty and doubt
YOU elected him, he's YOUR problem, YOU live with it.