How long till the economy collapses?
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Anonymous
You think that. Real RIF plans are still coming. They just haven’t hit yet. |
Anonymous
??? |
Anonymous
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WSJ is flipping out. Businesses are flipping out. Consumers are flipping out.
Maybe, just maybe, some white men will speak out. |
Anonymous
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Howard Lutnick, billionaire, this morning saying you're not feeling pain, things will be better in 6 months when we start building factories, blah, blah.
It takes YEARS to build factories and rebuild supply chains. In the meantime, people are getting fired, manufacturers are dealing with tariffs and trying to plan for new ones. The steel and aluminum tariffs are going to make it cheaper to import already manufactured goods rather than make them here. And Trump's billionaires just do not care how this affects the average American today. |
Anonymous
| It will take time for anything to collapse. Cannot just pull the rug and everything is down in 3 months. Then it was shaky in the first place. Maybe six months, maybe an year. Then, we will start seeing more structural problems that will need years to fix. Take EPA removing rules for pollution. Poisoned water and air will take some time to affect the populace in a negative way - more sick, more $$ for health expenditure, etc. Some of the ACA funding expires end of year, so ACA health insurance goes up in 2026 if they don't do anything. If there are any tariffs they will take a couple of months for the current inventories to switch. Deportations - I have no idea where these stand, but imagine removing %% of the labor force. EU countries are starting to reconsider their spending on US weapons - these will be real big ticket items, so effects probably within a year. Etc. etc. It is a slow process, BUT it is being set in motion. Now, if enough people suddenly stop spending, and/or pull out 401K balances, we can have something in the matter of weeks due to sudden decrease in money velocity. Also, so far we have had 0 new international problems. Another conflict - Taiwan, or something like Oct. 7. may speed up overall collapse as it exposes weakness and strains the system. In the end, we are in wait and see mode now. |
Anonymous
| Bears, are you all shifting to bonds, bond funds or mostly cash? |
Anonymous
| Standard narcissist and scammer playbook: “Just wait. It will get better soon. Believe me! And if it doesn’t, it’s not my fault.” |