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Reply to "How long till the economy collapses?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Canada and Mexico will suffer greatly. We will as well , but their dependence on the US market is huge. A trade does not benefit them and if does not benefit us. Some of the independent reports I have seen about the impact of tariffs on Canada's GDP as early as 6 months is insane. I think the biggest damage though will be on a friendship level. You always want to maintain good friendship with your immediate neighbor even if they need more than you need them. Canada is just far from everyone else if they want to diversity. This really sucks. The question that I really ask myself is whether there is a select group of people in this country who are set to be very big winners. This is a case where inside information can help you bet against the market and then you reap massive profits while everyone else is struggling. Unfortunately we will probably not know until months or even years later that some people where knowledgeable about the timing of all of this and took positions to enrich themselves. [/quote] Even if a select group will be big winners, anyone that wants to “win big” while destroying their nation’s reputation is a psychopath.[/quote] Well, psychopaths is exactly what they are - Trump, Elon, Peter Thiel, Curtis Yarvin, David Sacks. They will watch us squirm while our retirement savings, 529s go down and they are laughing all the way to their crytpo bank. [/quote] This is my worry.[/quote]
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