KEY POINTS
- Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment and drag economic growth to a near-standstill.
- In a note Sunday, the firm said “we continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed.”
- The firm raised its forecast for inflation this year to 3.5%, cut its GDP outlook to just 1% and raised its unemployment view to 4.5%.
Economists do not usually speak in black and white terms like this.
Our economy is in for a bloodletting.
Make people desperate,
They’ll more likely go to war.
They might go to war against the leaders within the country instead. Trump is really playing with fire here, messing with the gun-toting constituents of his.
Revolutions need organization. Organization needs third spaces were people can meet, discuss, and organize. Most of the US has basically no third spaces outside of churches, and this is very much by design.
You’re currently posting to a third space
Nah, just say that Hussein Obama did it or something stupid like that, say it’s open season on the treacherous libs and they’ll happily make another Kristallnacht because that is how stupid they are. They’ll follow Cheeto straight into hell and then he’ll abandon them there and they’ll still blame Obama because please do not expect these people to have a shred of dignity to say “I was wrong”
nah, they don’t even know which direction to point those boomboom sticks, but probably Biden
I accidentally got some of the crazy content in my feed; it seems they want to arrest Fauci.
clearly, Fauci created COVID which is a bioweapon that isn’t serious enough to employ biodefense measures against including barriers (masking) and immunizations (vaccinate), but serious enough to have triggered a recession that the present trump slump is fixing, etc. So yeah clearly Fauci’s fault.
Crash the economy and stock prices. Create a forever war for profiteering. Stick dissidents and the poor into for profit prisons. Consolidate more wealth at the top. The system is working as designed.