#econonics — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #econonics, aggregated by home.social.
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I swear, having known that #Trump would cause the #economy to crash like this if he were elected, it's incredibly hard watching #SmallBusiness and families crumble under the #TrumpTax. It's like you can't even go get food somewhere at this point without seeing raised prices or places that have closed down.
#America is learning a DEVESTATING lesson about #trade and #econonics in general, the hard way.
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Tomorrow is going to be an epic stock crash.
Trump's tariffs have been placed on every country in the world except Russia and North Korea.
The stock market dropped by like $2T in the first 2 minutes of Trump's speech.
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Hard to overstate how much of an own goal all of this is.
Policy uncertainty is spiking as a direct result of erratic Trump moves.
Goldman has now downgraded Q1 growth projections from 1.8% almost weekly to 0.6%, as a direct result of this policy uncertainty due to erratic Trump moves.
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@w7voa
Prediction: Report is that metrics are the best in the world, but slipping as businesses brace for Trump.Basic #Econonics.