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#trumpenomics — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #trumpenomics, aggregated by home.social.

  1. Stages of economic collapse:

    Commodity prices increase
    Commodity prices hit consumers
    Interest rates rise
    Product shortages begin
    Inflation rises/Demand falls
    Rationing starts
    People stay home to protect their supplies
    Supply chains collapse
    Food and other essentials disappear
    Capitulation, print money
    Mass job loss
    Rent and mortgage crisis
    Banking crisis
    Depression

    #trumpenomics #economics

  2. How we got into this mess?

    #FranBlanche #Frant #USEconomy #Trumpenomics

    ( a "frant" is the name given by Fran's subscribers to when Fran talks about problems )

    youtu.be/AC6xqG_9t64

  3. @cstross

    China and Japan own over $1.75 Trillion of US debt. If they start selling that debt, then confidence in the US dollar will collapse and the (arguably) overvalued US economy will come crashing down to earth.

    All it takes is one arsehole president to tip the balance by stating a trade war...
    usafacts.org/articles/which-co

    #trump #trumpenomics #trumpcession #tariffs

  4. @Lazarou

    Hmm, I wonder which will come out worse - *Trump's Fascist America*, or the *Rest Of the Fucking World* that can quite happily set up new trade agreements without dealing with a moronic bloated orange bully ?

    archive.is/gu7dR

    #liberationDay #trumpenomics #trump #tariffs #trumptariffs