Trump 47 Economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:Maybe I’m an anomaly but my 401k is at an all time high.

I mean, we have $4mil, with the majority in the stock market, but it won't mean that much if the cost of goods and services go up as it has been since Trump has taken office.

I don’t plan to touch it for ten more years. I think I’ll be just fine.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Maybe I’m an anomaly but my 401k is at an all time high.

Rebounding after a plummet doesn't count as an "all time high"

???

All time high is pretty self explanatory.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Maybe I’m an anomaly but my 401k is at an all time high.

I mean, we have $4mil, with the majority in the stock market, but it won't mean that much if the cost of goods and services go up as it has been since Trump has taken office.

I don’t plan to touch it for ten more years. I think I’ll be just fine.

Only if the democrats take control for the majority of the time between now and then.

[Anonymous]

[Anonymous]

This doesn’t bode well for the American economy…

[Anonymous]

Anonymous wrote:

Well, she is a MAGA plant who has testified at various state level hearings around the country.

That said, the claim is, she has to work Doordash to afford cancer treatments for her husband. How about, when in retirement, medical insurance is affordable enough to cover cancer treatments?

[Anonymous]

Anonymous wrote:This doesn’t bode well for the American economy…

So he is admitting that Trump is engaging in economic terrorism.

Got it.

[Anonymous]

[Anonymous]

If you actually want to believe the numbers.

[Anonymous]

Richard Partington, The Guardian
Iran war escalation could trigger global recession, IMF warns

A further escalation in the Iran war could trigger a global recession, spiralling inflation and a sharp backlash in financial markets, the International Monetary Fund (IMF) has warned.

Against an increasingly volatile backdrop, the Washington-based fund said the economic damage from the Middle East conflict was steadily rising as it cut its growth forecasts for 2026 based on the impact from the war so far.

In its half-yearly update, the IMF said the UK would suffer the sharpest growth downgrade and joint highest inflation rate in the G7 this year, even if the fallout from soaring energy costs can be contained by the middle of 2026.

However, under a worst-case “severe scenario”, involving a drawn-out war and persistently higher energy prices, it said the world would face “a close call for a global recession” for only the fifth time since 1980.

[Anonymous]

Anonymous wrote:Richard Partington, The Guardian
Iran war escalation could trigger global recession, IMF warns

A further escalation in the Iran war could trigger a global recession, spiralling inflation and a sharp backlash in financial markets, the International Monetary Fund (IMF) has warned.

Against an increasingly volatile backdrop, the Washington-based fund said the economic damage from the Middle East conflict was steadily rising as it cut its growth forecasts for 2026 based on the impact from the war so far.

In its half-yearly update, the IMF said the UK would suffer the sharpest growth downgrade and joint highest inflation rate in the G7 this year, even if the fallout from soaring energy costs can be contained by the middle of 2026.

However, under a worst-case “severe scenario”, involving a drawn-out war and persistently higher energy prices, it said the world would face “a close call for a global recession” for only the fifth time since 1980.

It’s The Guardian. Always predicting doom.

[Anonymous]

Meanwhile outside the Fox News studio:

[Anonymous]

[Anonymous]

Anonymous wrote:

Anonymous wrote:Richard Partington, The Guardian
Iran war escalation could trigger global recession, IMF warns

A further escalation in the Iran war could trigger a global recession, spiralling inflation and a sharp backlash in financial markets, the International Monetary Fund (IMF) has warned.

Against an increasingly volatile backdrop, the Washington-based fund said the economic damage from the Middle East conflict was steadily rising as it cut its growth forecasts for 2026 based on the impact from the war so far.

In its half-yearly update, the IMF said the UK would suffer the sharpest growth downgrade and joint highest inflation rate in the G7 this year, even if the fallout from soaring energy costs can be contained by the middle of 2026.

However, under a worst-case “severe scenario”, involving a drawn-out war and persistently higher energy prices, it said the world would face “a close call for a global recession” for only the fifth time since 1980.

It’s The Guardian. Always predicting doom.

They quoted the IMF.

There is not a single person that thinks a prolonged war will not cause a global recession.

[Anonymous]

Anonymous wrote:

Really trying to spin bad data in a good light, wow. Propaganda machine.