S&P: β.. There are no winners in a trade war. The U.S.-instigated tariffs and trading partner counter-tariffs will lead to across-the-board lower GDP growth, higher unemployment rates, and higher inflation.β πΊπΈ
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Unfortunately, there are winners β Putin, whose power grows when America declines, and ultra, billionaires, including Musk, Putin, and other oligarchs who will be able to buy more of America on the cheap as our economy, spirals downward
if you're trying to do a fascist coup, using tarriffs to create mass protests blamed on leftists that lead to martial law as a Reichstag fire works for the ppl doing the coup
I switched my investments from the US to the EU because of stagflation, but we'll see about the martial law. I suspect it won't happen because there's lots of examples (S Korea, Ukraine in the maidan revolution, the Soviet Union) where the soldiers end up turning their guns on the dictator
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βDonald Trump
If the orange felon intended to crash the economy, what would he be doing differently?
Nothing
Itβs deliberate