Reply to Does anyone else believe the impending financial crash will be bigger than 2008-2009?

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Reply to "Does anyone else believe the impending financial crash will be bigger than 2008-2009?"

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[quote=Anonymous][quote=Anonymous]I told you:

https://www.msn.com/en-us/money/markets/the-u-s-could-tumble-into-recession-before-seeing-trump-s-promised-golden-age/ar-AA1LZNID[/quote]

“Trump has imposed the highest tariffs since the 1930s in a bid to encourage domestic manufacturing. Yet factory employment has dropped by 41,000 since February. Other trade-related sectors, including mining, wholesalers and oil and gas extraction, also have seen payrolls shrink in recent months. And the boom in factory construction that began under President Joe Biden ended after Trump eliminated many of the government subsidies that encouraged such projects.”

“We aren’t even seeing the beginnings of a tariff-related recovery in manufacturing. You don’t expect to see it overnight. But it’s going in the wrong direction,” said economist Dean Baker, co-founder of the Center for Economic Policy Research in Washington.
Collectively, not a single one in this administration has an iota of economic intelligence. Trump has a childlike brain. He’s Veruca, “I want an Oompa Loompa now!"[/quote]

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