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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The May shipments from China are already enroute and show at least a 50% reduction in products. This will hit US selves on the west coast in about two week and Chicago by June. The president won't be able to hide that.[/quote] People are cutting spending, so having less stock on shelves will hurt retailers more than consumers, but reduced spending will result in more layoffs and more reductions in purchasing and spending, etc., ie, a recession. There may be some idea among Republicans that a recession now will lead to a big recovery and better economy in time for the midterms to give them a boost - but Trump has started a runaway horse that will not respond and behave on command on anyone's time. [/quote] This. But worse. Suspect we are on our way to a depression. This was not caused by an external shock. It’s caused by continuing stupidity. There is no stimulus that can overcome stupidity. Plus Trump has destroyed the credibility of the dollar which will make it tricky to service the debt. [/quote]
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