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Items tagged with: Recession
Trump finds that trashing the rule of law also trashes the economy. Tanks: $29T economy in 7 weeks. Plunging stock markets have lost ~$4T, Americans’ RT accts: shriveling, his trade war is set to raise prices & #recession alarms are blinking🚨.
No rules -the law is optional -no predictability to his actions. Bus ldrs/consumers: no idea what’s coming -can't plan... wrecking: economy.
“What's your strategy to lower the overall cost of living?” Reporters: kicked out.
#USPol
washingtonpost.com/opinions/20…
"Reading and watching the dutiful daily coverage of Trump’s trade war, you might well have no idea just how crazy it is.
The reality is this: There’s no good reason for it, it hurts everyone, and it’s arguably going to tank the American and international economies."
~ Dan Froomkin
#Musk #Trump #destruction #economy #tariffs #insanity #StockMarket #recession #media
/1
criticalread.substack.com/p/pr…
Press coverage of Trump’s tariffs understates the insanity
One CNBC analyst has spoken the truth. Will other journalists follow?Dan Froomkin (Press Watch)
"It was a bloodbath for Tesla shareholders today as the stock fell off a cliff, which followed a long string of losses in the last several weeks."
~ Ron Filipkowski
meidasplus.com/p/today-in-poli…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs #Tesla
/13
Today in Politics, Bulletin 88. 3/10/25
… It was a bloodbath for Tesla shareholders today as the stock fell off a cliff, which followed a long string of losses in the last several weeks.Ron Filipkowski (Meidas+)
Reuters on loss of $4 trillion by US stock market in last month
reuters.com/markets/us/investo…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/12
Paul Krugman on plunging stock market and New York Fed’s consumer survey showing serious deterioration in consumer confidence
paulkrugman.substack.com/p/the…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/11
"Less than two months after his inauguration, Trump has been Reverse Jesus, speaking new economic storms into existence."
~ Andrew Egger
thebulwark.com/p/maybe-sleepy-…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/9
Maybe the Sleepy President Wasn’t So Bad!
When Trump said he would lower costs, we didn’t realize he meant the cost of stocks.William Kristol (The Bulwark)
Kevin Necessary at David Pepper
davidpepper.substack.com/p/day…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/8
"We're going to become so rich, you're not going to know where to spend all that money."
~ Trump when asked about recession possibility, from Heather Cox Richardson
heathercoxrichardson.substack.…
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs
/7
March 10, 2025
Last week’s dramatically dropping stock market prompted Fox News Channel personality Maria Bartiromo to ask Trump in an interview that aired yesterday if he was expecting a recession.Heather Cox Richardson (Letters from an American)
"I'm going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk."
~ Trump yesterday
#Musk #Trump #destruction #economy #recession #StockMarket #Dow #Nasdaq #stagflation #EconomicElites #billionaires #TaxCuts #Tariffs #Tesla
/6
"We have downgraded our 2025 US GDP growth forecast from 2.4% at the start of the year to 1.7% now (both on a Q4/Q4 basis). ...The reason for the downgrade is that our trade policy assumptions have become considerably more adverse and the administration is managing expectations towards tariff-induced near-term economic weakness."
-Goldman Sachs
Wall Street is telling the #TrumpMusk regime that its approach is wrong, it must make an about face.
#Recession #Tariffs #USPol bbc.com/news/articles/cz61nn99…
Trump says US economy in 'transition' as trade war escalates
New retaliatory tariffs from China targeting some US farm products came into effect on Monday.João da Silva (BBC News)
#CEUM
#CETA
#GeoPol #TrumpCoup #TrumpTariffs
#USpol #CANpoli #EUpol
(6/n)
... security wise deteriorating global environment.
👉How to integrate swiftly: #CEUN👈
A new #FreeTradeArea (#FTA) encompassing #Canada, #Europe, and #Mexico could offset the #TrumpTradeWars induced #Recession going forward.
Time is of the essence.
It might be an idea to ratify #CETA and the newly renegotiated #GlobalAgreementWithMexico ASAP.
Then, a deepening of this FTA, similar to...
