If the new tariffs stay in place for multiple years, and are enforced and inflationary, and DOGE continues to cut and fire , we will be in a far worse situation than 2008
Hey, Mark. Assume Trump doesn't "cut deals" to reduce tariffs, and they just go into effect, as-is, if not even worse. What's the worst-case outcome. Would we face a recession comparable to 2008? Worse? As bad as the 2020 pandemic recession? Worse?
Comments
—Trump, June 2024
His people backpedaled claiming he was joking — he shows us each and every day that he was NOT joking.
Will countries & companies have dignity enough to say fuck you…?
You watching any international news/blogs/groups etc?
For ex, the CITIZENS of world countries are dictating what's on their grocery shelves long b4 companies & governments have their say...
Yes, people are boycotting American goods and travel to the USA.
But that’s not going to stop Trump from lining his own pockets…
Because you don’t think what his doing is for the sake of Americans, do you?
It's the AMERICAN CITIZENS dollars that are filling up his "wealth fund".
But the country couldn't even unite under the understanding who WHO pays those tariffs.
IMO having international ppl 'kiss the ring' is but a happy bonus for a Tyrant.
States need to push for more independence to protect ourselves from the damage
All these actions will kill our credit rating and jack interest rates in the next couple months
the United States.
The time to check hourly for safe
possession of
spectacles, testicles, wallet and
watch is now.
If there's even a non-zero chance that DJT works for (or is easily being manipulated by) Pootin... and Pootin just wants to see the West in flames... what else could he do?
Already pissed off allies, weakened US national security, wrecked economy, thoroughly divided us...
Build a critical metal supply chain ?
How much good will capital has been erased.
5 trillion dollars is the starting point from this week.
USMCA—NAFTA 2.0 is the model.
I'm struggling with his name.
Oh yeah "Obvious"
His name was Captain Obvious.
Question is Marky.
How much did you contribute to the recent TX Congressional races?
Did you show up to tell this to Texas voters?
Don't remember seeing that.
He is wonderful at bankrupting things
Next confirmed Call to Action date: April 19th!! Why this date? It's the 250th anniversary of the battles of Lexington and Concord, which began the American Revolution = our war against the tyrannical power of Kings!!
Please tell EVERYONE
#50501
They know this, but they want the revenue from tariffs to pay for a $4 trillion tax break...
Note: One of my followers named, karl sent this to me. He's 78 and wanted me to share this with the younger crowd so that everyone can see what this tarrif "war" is doing to everyday people like karl.
📫Feel Free to Repost📫
🎞Follow For Daily Clips🎞
It's a simple (vicious) circle: lose job / hours= less spending. Which then means less income for "other" companies. So then more jobs / hours cut / lost. Like this is economics 101. Did Trump ever take an economics class?
China looks good dude
It’s nothing short of sadistic.
He’s just as likely to wake up tomorrow and change everything.
Markets love this type of uncertainty, right?
It’s like tapping your brakes on a highway can immediate cause a traffic jam a mile back
Our
Global
Economy
#DOGE
#democracyisdying but we WILL bring it back!
This isn’t 1929. Things are going to happen much faster.
This is an interesting chart that someone put together just as a historical note to illustrate the results of Republican leadership.
He has cash
Why haven't we been using this to help us?
(For "Coffey" County read Coffee.)
1. Prices will continue to rise as businesses close.
2. People will lose their jobs, and foreclosures will rise.
3. They will pass laws to allow children to re-enter the workforce(which they've already done in Missouri) as a (literal) work-around for
4. Small business and the working class will suffer, as people struggle to make ends meet, and there will be an increase in crimes as folks try to feed their families.
5. As crime increases they will blame the liberals and increase hiring for law
They are preaching about small government, but will make people reliant on government and newly privatized industries. The middle class will be squeezed out of existence.
"Art of the Deal 2"
From the max it was of 45k to now of 38k, that's 16%. The S&P at its height was 6.1 k and now ~5k, a 19%. THIS IS ALL IN 2 DAYS
Trump is Stupid
destroy the economy and snap up assets cheap
Watch this. It's chilling
https://www.youtube.com/watch?v=6sPRFvWOBwo
McKinley Tariffs 1890 - panic of 1893 or depression of the 1890's. Smoot-Hawley tariffs 1930 - 1930's great depression. We have historic examples that answer your question. Tariffs are a tool to achieve a precise, targeted outcome. Global trade is good. Tariffs bad.
WE've become as trustworthy as Russia. Even if the tariffs don't stay in place, we've FUBAR'd ourselves for generations....
Overthrow your government.
AND NO GOVERNMENT OVERSIGHT AND LAX REGULATIONS MEANS GREATER PROFIT!!
COMBINED WITH REDUCED TAXES AND EXEMPTIONS FOR THOSE WHO DONATE....
WHAT'S NOT TO LOVE?
He's obsessed with the gilded age. He doesn't seem to know what it means.
I also wonder if he's trying to fire sale the US. Pocket the 5 mil per gold card. Doesn't make sense but the man bankrupt casinos so
The system is maintained on faith in its continuity, and that faith is being annihilated.
I’d say FAR, FAR WORSE !!
https://fortune.com/2025/04/04/jeremy-siegel-trump-tariffs-biggest-policy-mistake/
Benefiting most of the growth, security and alliances.
Yes it means a recession. But also it'll be harder in the medium/long run.
But he does have a grand hallucination.
His “logic”:
Remember when people put cash under the mattress? It sounds like a very good idea right now.
Not something anyone should want. Someone, somewhere needs to make the Republicans in congress put a break on this mad man.
As the saying goes those who don’t learn from history are doomed to repeat it.
Let the markets collapse - in the panic global political and corporate leaders will come cap in hand to the king - who will then divide and rule + bully them into a corner where he cuts v big wins for USA at expense of globe ( esp poorest countries).
Have you, and if not, will you give us the best case scenario?
Far more likely is that monkeys will fly out of my butt.
When really our government owns our 💵 printing machine
And we use the dollars it creates to shop, pay our banks back, pay tax & net save a 💵
We can swap our 💵 for a bond & have a savings account at The Fed
Our gov prints dollars to pay interest
If nothing else, Trump has massively changed foreign investors confidence & domestic consumer confidence, and obliterated expectations around trade policy, inflation, etc
maga, republicans, nazis cheer the destruction.
#6'Elon
At some point even Republican House members would man up and just take the tariff power back away from the president.
So far, while Trump is in office, of even just running for office, the only Republicans to reliably stand against him are those not seeking reelection