Anyone else feel like the economy is about to crash and burn?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:WSJ reported today that Trump just signed an exclusive deal with crypto.com to offer “American” ETF and digital securities.

This blatant ethics violation is the intent: crash the economy so Trump and Elon can get rich. This crypto comes with no regulations, since they’ve dismantled the CFPB.

Omg this is just criminal!

Then why isn't Congress calling for impeachment?

Because no republicans would vote for it.

They’re going to let America crash and burn. CNBC reporting consumer confidence report hits 12-year low.

🔥🔥🇺🇸🔥🔥

[Anonymous]

Yes, I’ve been buying Gold ETFs. Bitcoin will probably crash too as it’s a speculative asset. Commodity ETFs are probably a good choice.

But yeah, completely avoidable if half the country weren’t fkwits whose sole purpose in life is to cause pain to own libs and anyone who isn’t straight.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just saw a post on social media from a worker at Ford who expects to get laid off any day now. Apparently Ford is pulling back on EVs and their plant at Avon has been on indefinite hold. Tech has been slashing jobs left and right. Same for pharma/biotech. So many companies are now outsourcing tons of white collar jobs to India, China, and Eastern Europe where American office job labor can be replaced for a fraction of the cost. I know outsourcing is not new, it it seems like there is a new tidal wave of outsourcing occuring right now because American labor is simply too expensive. We have layoffs and hiring freezes for virtually every sector of the economy now. Add on to it a potential massive amounts of jobs that are going to be slashed in the federal govt and there is basically going to be no more consumer base left soon to buy stuff and keep the economy humming along. We also have all do the uncertainty and inflation pressures due to the never ending trade and tarriff war escalation that is going to put a damper on the economy. It all sums up to a grim outlook, imo. And how exactly is the US going to combat a severe recession? They're blowing up our deficit by$4T more debt due to the proposed tax cuts. Where's the money going to come from when they need to spend even more deficit to combat the recession? Anyone else feel very bad about the economy and where we are headed? I feel like the bottom is going to fall out soon due to all of the jobs losses, and the US is headed for a very bad recession.

Yes. Second question anyone else feel like our country is going to crash and burn very soon?

American labor is not too expensive. Corporate greed however is very expensive. America is the only industrial nation without guarantee paid sick leave, we have horrible healthcare and well being which we pay extremely high rates of insurance for, our education systemS don’t ensure every child succeeds, and yet we walk around touting billionaires and trillionaires as though that was ever the expectation of the ideals Life, Liberty, and Pursuit of Happiness.

[Anonymous]

Anonymous wrote:Just saw a post on social media from a worker at Ford who expects to get laid off any day now. Apparently Ford is pulling back on EVs and their plant at Avon has been on indefinite hold. Tech has been slashing jobs left and right. Same for pharma/biotech. So many companies are now outsourcing tons of white collar jobs to India, China, and Eastern Europe where American office job labor can be replaced for a fraction of the cost. I know outsourcing is not new, it it seems like there is a new tidal wave of outsourcing occuring right now because American labor is simply too expensive. We have layoffs and hiring freezes for virtually every sector of the economy now. Add on to it a potential massive amounts of jobs that are going to be slashed in the federal govt and there is basically going to be no more consumer base left soon to buy stuff and keep the economy humming along. We also have all do the uncertainty and inflation pressures due to the never ending trade and tarriff war escalation that is going to put a damper on the economy. It all sums up to a grim outlook, imo. And how exactly is the US going to combat a severe recession? They're blowing up our deficit by$4T more debt due to the proposed tax cuts. Where's the money going to come from when they need to spend even more deficit to combat the recession? Anyone else feel very bad about the economy and where we are headed? I feel like the bottom is going to fall out soon due to all of the jobs losses, and the US is headed for a very bad recession.

Ford is in trouble because they followed Democrats' global warming religion and went all in on electric vehicles.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just saw a post on social media from a worker at Ford who expects to get laid off any day now. Apparently Ford is pulling back on EVs and their plant at Avon has been on indefinite hold. Tech has been slashing jobs left and right. Same for pharma/biotech. So many companies are now outsourcing tons of white collar jobs to India, China, and Eastern Europe where American office job labor can be replaced for a fraction of the cost. I know outsourcing is not new, it it seems like there is a new tidal wave of outsourcing occuring right now because American labor is simply too expensive. We have layoffs and hiring freezes for virtually every sector of the economy now. Add on to it a potential massive amounts of jobs that are going to be slashed in the federal govt and there is basically going to be no more consumer base left soon to buy stuff and keep the economy humming along. We also have all do the uncertainty and inflation pressures due to the never ending trade and tarriff war escalation that is going to put a damper on the economy. It all sums up to a grim outlook, imo. And how exactly is the US going to combat a severe recession? They're blowing up our deficit by$4T more debt due to the proposed tax cuts. Where's the money going to come from when they need to spend even more deficit to combat the recession? Anyone else feel very bad about the economy and where we are headed? I feel like the bottom is going to fall out soon due to all of the jobs losses, and the US is headed for a very bad recession.

Ford is in trouble because they followed Democrats' global warming religion and went all in on electric vehicles.

So did Elon. But with the tariffs and consumer confidence going the way it is, things aren’t looking good, period. Ford is heavy into the very expensive pickup truck game, and we’ve probably hit a ceiling on who is going to buy a $75k truck right now.

[Anonymous]

The company i work for has some M&A plans ready to go but they are waiting to see what happens. Our industry has been incredibly quiet when there are usually a couple big announcements per quarter, so all our competitors are basically doing the same thing.

[Anonymous]

Anonymous wrote:Yep, we’re about to be plunged into a depression

Good job, idiot America

This is a good thing. It needs to happen. A reset. It needs to occur. Yes, there will be widespread economic pain. But the current situation is completely untenable with regards to our national debt and the US dollar as the world reserve currency. The whole thing needs to collapse. It HAS to. And Trump will get ALL the blame for it.

Economic collapse fixes all these problems, allows for a hard-reset which is what is desperately needed, and it will all be seen as Trump’s fault.

Please explain why this is a bad thing? Because your portfolio will be negatively impacted? News flash - everyone is going to lose something. So you’ll still be exactly where you are, relative to everyone else.


Let it burn.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just saw a post on social media from a worker at Ford who expects to get laid off any day now. Apparently Ford is pulling back on EVs and their plant at Avon has been on indefinite hold. Tech has been slashing jobs left and right. Same for pharma/biotech. So many companies are now outsourcing tons of white collar jobs to India, China, and Eastern Europe where American office job labor can be replaced for a fraction of the cost. I know outsourcing is not new, it it seems like there is a new tidal wave of outsourcing occuring right now because American labor is simply too expensive. We have layoffs and hiring freezes for virtually every sector of the economy now. Add on to it a potential massive amounts of jobs that are going to be slashed in the federal govt and there is basically going to be no more consumer base left soon to buy stuff and keep the economy humming along. We also have all do the uncertainty and inflation pressures due to the never ending trade and tarriff war escalation that is going to put a damper on the economy. It all sums up to a grim outlook, imo. And how exactly is the US going to combat a severe recession? They're blowing up our deficit by$4T more debt due to the proposed tax cuts. Where's the money going to come from when they need to spend even more deficit to combat the recession? Anyone else feel very bad about the economy and where we are headed? I feel like the bottom is going to fall out soon due to all of the jobs losses, and the US is headed for a very bad recession.

Ford is in trouble because they followed Democrats' global warming religion and went all in on electric vehicles.

So did Elon. But with the tariffs and consumer confidence going the way it is, things aren’t looking good, period. Ford is heavy into the very expensive pickup truck game, and we’ve probably hit a ceiling on who is going to buy a $75k truck right now.

Mavericks, Broncos and Mach-E's are made in . Mexico

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just saw a post on social media from a worker at Ford who expects to get laid off any day now. Apparently Ford is pulling back on EVs and their plant at Avon has been on indefinite hold. Tech has been slashing jobs left and right. Same for pharma/biotech. So many companies are now outsourcing tons of white collar jobs to India, China, and Eastern Europe where American office job labor can be replaced for a fraction of the cost. I know outsourcing is not new, it it seems like there is a new tidal wave of outsourcing occuring right now because American labor is simply too expensive. We have layoffs and hiring freezes for virtually every sector of the economy now. Add on to it a potential massive amounts of jobs that are going to be slashed in the federal govt and there is basically going to be no more consumer base left soon to buy stuff and keep the economy humming along. We also have all do the uncertainty and inflation pressures due to the never ending trade and tarriff war escalation that is going to put a damper on the economy. It all sums up to a grim outlook, imo. And how exactly is the US going to combat a severe recession? They're blowing up our deficit by$4T more debt due to the proposed tax cuts. Where's the money going to come from when they need to spend even more deficit to combat the recession? Anyone else feel very bad about the economy and where we are headed? I feel like the bottom is going to fall out soon due to all of the jobs losses, and the US is headed for a very bad recession.

Ford is in trouble because they followed Democrats' global warming religion and went all in on electric vehicles.

So did Elon. But with the tariffs and consumer confidence going the way it is, things aren’t looking good, period. Ford is heavy into the very expensive pickup truck game, and we’ve probably hit a ceiling on who is going to buy a $75k truck right now.

True. But the majority, by far, of truck sales are not those. The trucks that make them big money are the fleet sales. 10 thousand to this government, 5000 to that contractor, etc.

[Anonymous]

The UAW rank and file members are responsible for electing trump. I hope US auto industry goes completely out of business.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just saw a post on social media from a worker at Ford who expects to get laid off any day now. Apparently Ford is pulling back on EVs and their plant at Avon has been on indefinite hold. Tech has been slashing jobs left and right. Same for pharma/biotech. So many companies are now outsourcing tons of white collar jobs to India, China, and Eastern Europe where American office job labor can be replaced for a fraction of the cost. I know outsourcing is not new, it it seems like there is a new tidal wave of outsourcing occuring right now because American labor is simply too expensive. We have layoffs and hiring freezes for virtually every sector of the economy now. Add on to it a potential massive amounts of jobs that are going to be slashed in the federal govt and there is basically going to be no more consumer base left soon to buy stuff and keep the economy humming along. We also have all do the uncertainty and inflation pressures due to the never ending trade and tarriff war escalation that is going to put a damper on the economy. It all sums up to a grim outlook, imo. And how exactly is the US going to combat a severe recession? They're blowing up our deficit by$4T more debt due to the proposed tax cuts. Where's the money going to come from when they need to spend even more deficit to combat the recession? Anyone else feel very bad about the economy and where we are headed? I feel like the bottom is going to fall out soon due to all of the jobs losses, and the US is headed for a very bad recession.

Ford is in trouble because they followed Democrats' global warming religion and went all in on electric vehicles.

So did Elon. But with the tariffs and consumer confidence going the way it is, things aren’t looking good, period. Ford is heavy into the very expensive pickup truck game, and we’ve probably hit a ceiling on who is going to buy a $75k truck right now.

The pickup line is not the source of the billions of dollars in losses. If Ford had stayed out of electric vehicles, the company would be in great financial health. However, Biden passed the Inflation Reduction Act and pushed new mileage rules, which encouraged Ford execs to push for electric vehicles. Toyota stayed out.

[Anonymous]

40% of Americans 65 and older rely on Social Security as their only source of income. What happens when the SS system collapses?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Just saw a post on social media from a worker at Ford who expects to get laid off any day now. Apparently Ford is pulling back on EVs and their plant at Avon has been on indefinite hold. Tech has been slashing jobs left and right. Same for pharma/biotech. So many companies are now outsourcing tons of white collar jobs to India, China, and Eastern Europe where American office job labor can be replaced for a fraction of the cost. I know outsourcing is not new, it it seems like there is a new tidal wave of outsourcing occuring right now because American labor is simply too expensive. We have layoffs and hiring freezes for virtually every sector of the economy now. Add on to it a potential massive amounts of jobs that are going to be slashed in the federal govt and there is basically going to be no more consumer base left soon to buy stuff and keep the economy humming along. We also have all do the uncertainty and inflation pressures due to the never ending trade and tarriff war escalation that is going to put a damper on the economy. It all sums up to a grim outlook, imo. And how exactly is the US going to combat a severe recession? They're blowing up our deficit by$4T more debt due to the proposed tax cuts. Where's the money going to come from when they need to spend even more deficit to combat the recession? Anyone else feel very bad about the economy and where we are headed? I feel like the bottom is going to fall out soon due to all of the jobs losses, and the US is headed for a very bad recession.

Ford is in trouble because they followed Democrats' global warming religion and went all in on electric vehicles.

1) Climate change isn't a religion, it is a fact.
2) The problem was not Ford going all in on EV's - ask Rivian how their sales are going - but rather the tariffs and the impact of tariffs on the cost of the vehicle.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just saw a post on social media from a worker at Ford who expects to get laid off any day now. Apparently Ford is pulling back on EVs and their plant at Avon has been on indefinite hold. Tech has been slashing jobs left and right. Same for pharma/biotech. So many companies are now outsourcing tons of white collar jobs to India, China, and Eastern Europe where American office job labor can be replaced for a fraction of the cost. I know outsourcing is not new, it it seems like there is a new tidal wave of outsourcing occuring right now because American labor is simply too expensive. We have layoffs and hiring freezes for virtually every sector of the economy now. Add on to it a potential massive amounts of jobs that are going to be slashed in the federal govt and there is basically going to be no more consumer base left soon to buy stuff and keep the economy humming along. We also have all do the uncertainty and inflation pressures due to the never ending trade and tarriff war escalation that is going to put a damper on the economy. It all sums up to a grim outlook, imo. And how exactly is the US going to combat a severe recession? They're blowing up our deficit by$4T more debt due to the proposed tax cuts. Where's the money going to come from when they need to spend even more deficit to combat the recession? Anyone else feel very bad about the economy and where we are headed? I feel like the bottom is going to fall out soon due to all of the jobs losses, and the US is headed for a very bad recession.

Ford is in trouble because they followed Democrats' global warming religion and went all in on electric vehicles.

So did Elon. But with the tariffs and consumer confidence going the way it is, things aren’t looking good, period. Ford is heavy into the very expensive pickup truck game, and we’ve probably hit a ceiling on who is going to buy a $75k truck right now.

The pickup line is not the source of the billions of dollars in losses. If Ford had stayed out of electric vehicles, the company would be in great financial health. However, Biden passed the Inflation Reduction Act and pushed new mileage rules, which encouraged Ford execs to push for electric vehicles. Toyota stayed out.

Toyota is being forced into merger with Honda because it is no longer viable as a stand alone company. Want to try for a better example?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yep, we’re about to be plunged into a depression

Good job, idiot America

This is a good thing. It needs to happen. A reset. It needs to occur. Yes, there will be widespread economic pain. But the current situation is completely untenable with regards to our national debt and the US dollar as the world reserve currency. The whole thing needs to collapse. It HAS to. And Trump will get ALL the blame for it.

Economic collapse fixes all these problems, allows for a hard-reset which is what is desperately needed, and it will all be seen as Trump’s fault.

Please explain why this is a bad thing? Because your portfolio will be negatively impacted? News flash - everyone is going to lose something. So you’ll still be exactly where you are, relative to everyone else.


Let it burn.

This isn't true. The very rich will manage to get even richer out of any collapse. That is why they support Trump.