Economists have expressed fears that the American economy may be on a path toward recession, or at least an economic downturn which could rival those of 2020 and 2008.
These concerns have been heightened by falling retail sales and associated layoffs, the anticipated impacts of President Trump’s tariffs on prices and domestic consumption, American stock indexes trailing their European counterparts in recent months, the Federal Reserve’s statements indicating that inflationary struggles are far from over, and data pointing to sharp declines in consumer confidence.
Putin told Trump it would be best if he caused a recession, split all alliances with the West, stop support on Ukraine and lift sanctions on Russia
That was his plan. Billionaires will benefit a lot from recession. There would be a wealth transfer from 99.99% to 0.01% They want obedient desperate slaves as a side dish.
Wasn’t that his intention?
That headline is ragebait.
I’m not worried about a recession – those come and go and typically only result in a few years of hardship. I’m worried about the long-term damage, the stagnation and malaise that will create hardship for the next decade or more.
Is this a serious question??
The fuck!! of course he is.
No, Trump is causing us to head towards a depression. Additionally, there’s a high probability that the US will lose its status as having the fiat currency of the world. Previously, I was expecting this to happen in 18 to 24 months. I think those times have now been accelerated.
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By Hugh Cameron – U.S. News Reporter:
Economists have expressed fears that the American economy may be on a path toward recession, or at least an economic downturn which could rival those of 2020 and 2008.
These concerns have been heightened by falling retail sales and associated layoffs, the anticipated impacts of President Trump’s tariffs on prices and domestic consumption, American stock indexes trailing their European counterparts in recent months, the Federal Reserve’s statements indicating that inflationary struggles are far from over, and data pointing to sharp declines in consumer confidence.
Read more: [https://www.newsweek.com/economist-worried-trump-causing-recession-2039842](https://www.newsweek.com/economist-worried-trump-causing-recession-2039842)
That’s his plan. He wants a recession.
Putin told Trump it would be best if he caused a recession, split all alliances with the West, stop support on Ukraine and lift sanctions on Russia
That was his plan. Billionaires will benefit a lot from recession. There would be a wealth transfer from 99.99% to 0.01% They want obedient desperate slaves as a side dish.
Wasn’t that his intention?
That headline is ragebait.
I’m not worried about a recession – those come and go and typically only result in a few years of hardship. I’m worried about the long-term damage, the stagnation and malaise that will create hardship for the next decade or more.
Is this a serious question??
The fuck!! of course he is.
No, Trump is causing us to head towards a depression. Additionally, there’s a high probability that the US will lose its status as having the fiat currency of the world. Previously, I was expecting this to happen in 18 to 24 months. I think those times have now been accelerated.
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