“The president single-handedly wiped out Americans’ retirement savings overnight and subjected businesses to intense whiplash with his increasingly erratic and chaotic policies that continue to drive consumer and business uncertainty.”
I’ve been putting off making my Roth contribution because it’s gonna lose value. Tried to add the cash to my portfolio the other day over the web interface. It wouldn’t let me. Had to call and the broker asked me if I was sure. Yeah, it’s for my tax return dude I don’t like it either.
60% chance of recession, 40% chance of a depression. “The Greatest Depression”
A golden age is coming!
Even if things just to recover to where they started trumsk will claim it as a giant win.
Frustratingly true
Tremendous, really. Like nothing ever seen before.
When we are almost all living in shacks with nothing left MAGA will be telling us we are better off.
“I’m so glad things are going back to the way they should be!” -my hyper-republican boomer coworker, this afternoon
lots of weirdos who are happy that certain groups get fucked a little more than they will
I really hope your coworker is in their late 50s or 60s so they get the full dose of ‘the way things should be’
The people are just garbage. The worst kind of ignorant shit that plagues this country.
You gotta remember this was DECADES of conditioning. These people have been primed for this from birth. For this moment in time, when they could gleefully collapse anything positive remaining about being American.
Don’t make excuses for idiocy. Many of us grew up in those same places with the same ideas you’re talking about constantly thrown at us and we could see this for what it was long before now. Those people don’t see it because they don’t want to and that’s not anyone’s fault but theirs.
Sure, but there is also the true history of coordinated effort. A lot of people had a lot to gain by making sure a particular generation got brainwashed, and the rest of us are feeling the effects - if you think you’re immune to propaganda, then it’s already too late.
Lots and lots of brainwashing happening in other generations, too. At this point the “boomers” are not the biggest problem.
Boomers and decendants thereof.
“Jesus lived in poverty and he did alright.” - A (thankfully former) coworker who disagreed with my assertion that minimum wage should be livable.
Jesus was also murdered by his government, Ian! That’s not what I’d call alright!
Yeah, but then he came back from the dead, became an instant celebrity, struck it rich from crypto, and had like 4 yachts for each of his girlfriends. Don’t you read the bibble?
“Man if it’s this bad under Trump imagine how bad it would have been under Kamala!” Or “At least we kept men out of women’s sports!” I think people who think this will impact Trump’s popularity at all with his core base are delusional and haven’t been to a Trump district. These people will never abandon him. Their devotion to Trump is like a religion. Even if Trump said Christianity is a false religion and all the Christians are stupid for voting for him a decent number of these morons would keep supporting him because everyone is a Trump whisperer and everything he says that they like is true and everything he says that they don’t like is a joke or trolling. There is no God but Trump, and Fox is His Prophet.
You know, your comment just made me wonder, what happened to this Q bullshit? I’m gladly not American, so I sincerely have no clue.
QAnon was the precursor to MAGA. It depended on stories of “deep state conspiracy” to sow distrust in the functional parts of US government, then quietly disappeared once its function was performed.
All this to say, it was a blindingly obvious psy-op that rolled up as many idiots as it could into one giant katamari ball of civil unrest, then loosed that ball toward US elections in a specific effort to remove Democrats from power.
It kind of fell apart when Trump lost in 2020 and Q (a.k.a. Ron Watkins) stopped posting after Jan 6. QAnon style beliefs are pretty mainstream in conservative circles now, but QAnon as an organized set of beliefs kind of fell apart without continuous revelation from Q himself. It’s kind of funny, Q actually posted again a couple years after and nobody really cared because they had sort of moved on. The QAA podcast (formerly QAnon Anonymous) put forth a theory that QAnon arose as a way to explain why Trump wasn’t actually making America great again even though he was president, and so it’s possible that it will come back in the second president. I think it’s definitely possible.
Hey, at least all the MAGAsites still love him. I guess there’s that…
In case you haven’t seen it there has been blood all over the place for years
So repubs are alientating themselves from their traditional business base too. That leaves what? Nut jobs in rvs covered in trump signs?
Maybe I am stupid but I feel like things like this will be looked at as silly in the future because clearly we have already hit the recession. The only question that we have left at this point is if it will evolve into a full blown depression.
It’s 100% they are just too scared to say that
You can’t say anything is 100% with a chaotic and erratic president. There’s always a chance that Trump will undo everything next week and things will stabilise for a short while. That chance might be very low, but it effectively invalidates 100% prediction.
I’m afraid you’re wrong here actually. Being arbitrary and mercurial means no one will risk investing in the US, as policies may be created or undone at any moment. The only way this goes away is simply that he goes away. The risk is what is creating the certainty here.
It still isn’t 100%
There’s also an even more remote chance Republicans in Congress grow a spine and take away Trump’s ability to set tariffs or the Supreme Court rules the “emergency” invalid.
Ok, 95%. Trump undoing things doesn’t actually help “confidence in the market” though, it might even cause or chaos shorter term.
The blood is on gop hands and any billionaires backing him
And nothing gets better until billionaires bleed
And the people who voted for him. And the people that didn’t vote.
I’d love to see donvict, fElon, Lutnick, Thiel, Vance and especially Navarro forced to live in poverty for a while.
God this is bleak.
I’m not even in the US. This is a global recession.
“[Consumers] are not even going to the grocery store and paying more for vegetables because there’s none available from Mexico, or going to Whole Foods, for example, and finding the big sections of fresh fruit are being shut down. They haven’t really felt the full impact [yet], and they’re already saying something isn’t right,” Bethune says.
It sounds like shit is going to get real, really quick. As in next week?
Trump isn’t going to back down either - good or bad he always just doubles down. If Mexican producers stop selling to the US he’s just going to go to war right?
As an aside, I had been wondering what the US gov is going to do with all that tariff revenue… but now it seems kinda clear that consumers will be buying a lot less stuff, so there will be less income tax revenue anyway.
Maybe that’s the plan? Start a trade war that will inevitably lead to a real war? It sets a lot more precedent for the lean on all of the marshal law type powers he’s chasing after.
The U.S. does make a lot of money at war. Kinda makes you wonder why few of Leon’s federal spending cuts have been in the DOD? 🤔
Yeah but how could they do money alone? Isn’t world economy a multiplayer game? They cut all their allies… I don’t think value can be created in a vacuum; where would they get the war money from?
They don’t make as much money when they are fighting a war. Especially on American soil.
I dont understand who is downvoting you and why. Everything you said is logical
The Kennedy’s made their fortune shorting the US economy during the Great depression.
Everything Trump has done has been calculated. I’d be willing to bet my left testicle that his gambling most of his fortune on heavily leverages shorts. He’s trying to create the greatest possible depression because that will make him the most amount of money.
He knows exactly when he will cut his bullshit so he will settle his short right before making the announcement. Then with all the money he essentially stole from the population he will then buy up large chunks of the economy (and so will his buddies).
Once capital is even more heavily controlled by the upper classes the only recourse left will be violent revolution. All speculation. But that’s what I would be doing if I was trump trying to install a true autocracy.
So much for the revolution being bloodless, huh?
Trump pulled a Mario on the billionaires lmao 🤣
And y’all complaining
If this is what it takes for republicans to never hold even so much as a broken toilet seat, well it sure does suck harder’n a black fucking hole… but it seems this is how we have to learn.
If they somehow blame Biden for this or OBAMA, we need reconsider human evolution.
It is truly amazing what people have pinned on Obama. I have seen several people that blamed Obama’s lax border security for 9/11 happening and I really do wish I was joking.
Trump has already blamed Biden for the “shitty economy” he inherited.
Y’all vote in a republican whenever you’re ready to crash the economy and lose your property to the profiteers buying it for pennies. It’s really something, how it’s like clockwork.
By “y’all”, are you referring to every person that voted this election, or only those that didn’t vote Harris? Y’all seem to be of the impression that Americans is a monolith, and y’all ought to know better than that. 
The vast majority of Americans allowed for this by either voting for Trump or refraining from voting at all. There is certainly some global animosity towards the American voting public, though little has been said so far, as we wait to see if the people have any sway over the global recession their choice may cause.
Most of us have come to realize that the American government does not care about the world, which is fine. But this is the first time I’ve seen ordinary people around the world wish economic pain upon the American people, mostly because they know it’s the only reason that their government will change course.
At no point in my lifetime has America’s allies wished pain upon its people. It’s precedent setting and these attitudes are not going to go away overnight. Trust is a very hard to rebuild.
America’s allies invoked Article 5 of the NATO agreement after the attack on September 11th, 2001. Our countrymen then put their lives on the line (some of whom died) for several questionable American led military incursions.
This is a betrayal that likely won’t be forgotten in either of our lifetimes. Anyone who thinks that the US can just vote in a democrat in 2028 and everything will go back to normal is kidding themselves.
They’re talking about how the country voted in Trump. Again.
Most people share some responsibility for it. Some more than others of course.
There’s no such thing as not voting. You either vote by voting, or you sit on the couch and double the value of some diehard’s vote.
Republican presidents count on you falling for their lies about working to improve the economy, when it’s plain to see they screw America.
I wouldn’t bet on Republicans learning a goddamn thing. They’ve had plenty of time and examples and theyre still fucking stupid, obviously given the situation we’re in.
Best you can hope is nonvoters realize they’ve been idiots and decide to not be idiots anymore.
