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Joined 2 years ago
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Cake day: August 23rd, 2023

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  • America has the largest and richest consumer base. We are one of the few major economies to have a large population of millennials and gen z.

    Who will Japan, Germany and China sell their shit to? There isn’t a market that can replace the US. The US also simply can’t make everything we like to consume. Which is why we are now headed for recession/stagflation.


  • This is a dead cat bounce. Nothing fundamentally has changed until Trump is out of office. There is no one talking him down from his bad decision making.

    He will move onto the next grift or scandal so he can dominate the next news cycle and make the old one go away. Eventually he will come back to fuck with the economy again.

    Rinse & Repeat/Round and round we go until he hits something big he can’t make go away like Covid did in his first term. Then he will loose it.

    If you want my bet on what that is, it will be a major war.


  • No he won’t give tariffs up. This was his latest gift to make 10% tariffs on everything seem not so bad. I’m willing to bet 10% was always his goal and the crazy numbers he threw out were there to make 10% seem reasonable.

    The problem is after 4 months of attacking allies, siding with dictators, reneging on prior trade agreements he negotiated, and being called out for it globally. This latest economic grift wiped any trust the US had left.

    The US is uninvestable while he is in power. You can’t make major investments be it a billion dollar factory complex or some small business importing goods to build a product. You could be wiped out because of a mood swing or Orange Mussolini’s latest grift.

    Worse his tariffs put many US manufacturers at a disadvantage compared to foreign competitors. He’s just set the stage for a definite recession, long term slow economic growth or at worse a depression if the bond market fully breaks down.

    Even if he can get tax cuts passed they won’t do shit to put it all back together.