Trump 47 Economy

[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.

It’s the International Monetary Fund. The guardian is just reporting their forecasts.

[Anonymous]

DOGE turbocharged the deficit

https://budgetlab.yale.edu/research/weakened-irs-has-significant-consequences

[Anonymous]

And now the housing market is deflating. Interest rates are not going to be coming down anytime soon. People are going to be stuck.


ETTD

https://www.newsweek.com/housing-market-worrying-forecast-2026-mortgages-11825265

Rising mortgage rates and persistent slow sales across the U.S., even as the spring home-buying season kicks off, has pushed housing experts to lower their expectations for 2026.

[Anonymous]

[Anonymous]

Not only did Disney pay nothing in income taxes this year, it received a $1.428 billion tax refund after making $12 billion in profits.

"Corporations will create jobs if you give them more tax breaks" is a total scam.

[Anonymous]

Anonymous wrote:

She's apparently a paid actress who has appeared on camera in Nevada testifying about taxes on tips. Yakk know a Door Dash driver would not have gotten that close to Trump.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

She's apparently a paid actress who has appeared on camera in Nevada testifying about taxes on tips. Yakk know a Door Dash driver would not have gotten that close to Trump.

Yeah I would refuse to deliver to that scum

[Anonymous]

Feels like things are getting serious

The International Monetary Fund (IMF), World Bank and International Energy Agency will likely be having calls every two weeks to discuss the US-Israel war on Iran and its disruption of the global energy markets, the IMF chief said on Tuesday.

Reuters reports that Kristalina Georgieva, the IMF chief, announced today that the three global bodies will be having the regular calls to discuss the markets on the sidelines of a meeting in Washington.

Georgieva also urged countries to avoid building up their own oil reserves and blocking exports of oil products.

“Don’t make the supply shocks worse,” she said.

[Anonymous]

Anonymous wrote:Not only did Disney pay nothing in income taxes this year, it received a $1.428 billion tax refund after making $12 billion in profits.

"Corporations will create jobs if you give them more tax breaks" is a total scam.

This is the stuff that will incite a revolution.

[Anonymous]

[Anonymous]

I think it would be helpful if whatever you report in your SEC filings as your profit is the income on which tax you pay. I imagine it would align corporate interests better.

[Anonymous]

Anonymous wrote:

Hopefully people stop buying beef so we can reduce heart disease in America.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Hopefully people stop buying beef so we can reduce heart disease in America.

+1

Trump going to have a fit though

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Hopefully people stop buying beef so we can reduce heart disease in America.

+1

Trump going to have a fit though

McDonalds isn't really beef, so he'll be fine.

[Anonymous]

???