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reconomix.bsky.social
Promoting & Teaching #REconomix™️Renegade Economics. Economic Survivalism. Predicted mass inflation in 2018, 2025 correction. Not financial advice.
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Read my newest blog post for the latest thoughts on the US economy, and the near-term future! reconomix.org/2025/05/03/w...

The U.S. spent about $220 billion more in first 100 days than last year, per CBS

GDP DOWN, government spending UP. Just what the doctor ordered! 🥴

Am I supposed to act “surprised?” Truthfully, how many of us saw this coming? raise your ✋

This is a correct summary of the current tariff situation.

“BuT cHiNa WiLl PaY fOr ThE tArRiFfS nOt Us“

MARKETS RISE ON US-CHINA TRADE WAR “DE-ESCALATION” COMMENT BY BESSENT. IN OTHER WORDS, THE US BLINKED, AND THE WORLD KNOWS IT.

Felt that one. #earthquake

ANYONE who characterizes the tariffs as ‘Art of the deal’ is EITHER: 1. A paid propagandist 2. A gullible shill living in a media bubble 3. Doesn’t know what they’re talking about There’s no ‘art’ & no deal as of yet + any ‘deal’ will not be worth the damage to our credibility.

JUST SO WE’RE CLEAR; When Jamie Dimon is on your tv saying the Fed may have to prop up the bond markets, we’ve got problems.

UPDATE: Trump just blinked. He made a back channel call to China. A deal is likely in the works, which now the administration is going to try and sell as “Art of the Deal” 😂 If so, markets will rally nonetheless.

Even the Fox News Senior economic correspondent admitted this #CalledIt

TRUMP KNEW THIS MORNING. MARKET MANIPULATION? #TheArtOfTheSteal

UPDATE: Trump and Bessent blink. They tested the bond market, the bond market overwhelmingly rejected the tariffs. Reversion back to 10% worldwide ex China. This is why you NEVER panic #BoughtTheDip $hitshow To be continued…

If tariffs stay in effect, we will be seeing spot shortages soon.

This is why Bessent is all over your TV acting chill. What you don’t see is the diaper he’s wearing underneath.

Here’s a chart showing China’s largest export partners. If that box in the upper left corner gets cut in half, What do you think China will do? Source: Worldbank

Bond yields are staying high despite falling markets. The treasury auction was weak. The Fed may have to pump liquidity into the treasury markets if the basis trade gets hurt. This is NOT going as planned. Don’t forget $5Trillion raise in debt is being negotiated. It could get ugly.

US 10yr yields above 4% and pushing higher are putting the fear of God into Scott Bessent.

Check out my new blog post, a quick, plain English explanation on Trump’s tariffs and the market reaction! reconomix.org

Interesting Chart www.statista.com/statistics/2...

"A little disturbance but we're okay with that."

Lumber, gypsum for drywall and home appliances are expected to be impacted by tariffs on Canada, Mexico and China.

🚨🚨🚨 on.mktw.net/3F4xzhK Check out this article from MarketWatch - Options traders are bracing for a stock-market crash

More tech layoffs hit Bay Area as HP and Autodesk announce job cuts

Negative GDP growth is now forecast due to tariffs, massive firings of federal employees, and consumer confidence turning negative.

mexicodailypost.com/2025/02/24/c...

Medicaid covers nearly half of all children born in the country and around two-thirds of nursing home care for seniors. The Republican Party is voting today on a budget framework with will gut Medicaid to finance more tax cuts for the top 1%. "Party of family values."

Consumers grew more pessimistic about the economic outlook in February as worries brewed about a slowing economy and rising inflation, the Conference Board reported Tuesday. Read more: www.cnbc.com/2025/02/25/f...

The DJIA dropped 1200 points in 2 days. Consumer Sentiment is down. Employment numbers are down. Tens of thousands of government workers are being fired. Layoffs are ramping up. Tariffs are coming. It’s going to be bad, folks.

I’ve been talking about $GLD $SLV and #Metals for YEARS now! #RightOnTheMoney #RenegadeEconomics

I'm sure eliminating the rapid transit of 1.36 billion packages per year won't have any impact on the American economy whatsoever.

As Trump’s tariffs are scheduled to go into effect today, we must remember that the last round of tarrifs were partly responsible for inflation. When used wisely, and targeted, tarrifs are not necessarily a bad thing. But, accross-the-board tarrifs are a tax on the consumer.

I endorse this message, as we are unsure of how far the effects of bird flu will spread. To be an economic survivalist, you must be well-informed, ahead of the curve, and proactive, not reactive.

Expect a food price shock coming imminently. Unlike other goods, food is harvested and immediately shipped to supermarkets or processing plants. Prices will rise as a result of farm workers being targeted by ICE agents, rather than violent criminals.

The DAY after I predicted a stock market correction, the DJIA dropped 700 points. There will be more drops, not consecutively, but over time. It’s never a straight line down, but “the trend is NOT your friend” right now.

Called this stock market drop last night. Is this the correction? I believe so, in part. It may not happen all at once, but the worst is yet to come.

I’m predicting a deep stock market correction soon. The last time I wanted to write a message like this, I waited. The next day, the stock market dropped 1000 points. So I’m writing it now. Not saying tomorrow, but soon. The bond market signal was a pre shock.