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Opinion: Brace yourselves: whatever crazy, awful things Trump may have done to date, it’s only going to get worse
(www.theglobeandmail.com)
this post was submitted on 01 Mar 2025
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politics
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What's really got me sweating is the fact that we're living in sorta good times. A lot of people are struggling of course, and serious issues are unfolding, but imagine what the world could look like if we get hit by the next Great Recession or Great Depression. Things could quickly go from very bad to much, much worse.
I'm no economist, but I hear the economists are not thrilled with what Trump is doing to the economy. We're headed for a recession at minimum, if those folks are anything to go by.
I thknk you are. I just read through the Project 2025 stuff and it does seem to point to a recession.
As a non American with investments, I'm glad I read it.
Living in good times? Tell that to the people getting deported. This clownery hasn't directly affected me yet. Everything is fine.
Like I said in my original comment:
"A lot of people are struggling of course,"
The deportations are terrible now. Imagine how they'd be if the world fell into a Great Depression. I'd be legitimately worried about frequent lynchings of immigrants.
I'll be the one to say it. We have been living in good times. The internet has the vocal crowd of naysayers. I believe they are signal boosted by "the algorithms" sowing the discontent bubble. That's why there hasn't been much counter-movement. Enough people are still too comfortable.
And you all can spare me the belligerent replies about how this or that sucks for whoever or whatever. That doesn't strike the fact that things are good for enough people such that there isn't mass breakdowns of social order.
It's actually kind of crazy how the system keeps bending yet nothing has completely snapped. We're not even at Occupy Wall Street level.
I agree that in general these are good times. Some groups and demographics are struggling and I do think most people are feeling varying degrees of pressure from inflation and other issues.
Of course, people in hotspots, like Ukraine, Syria, and Gaza, are having a much worse time.
What I do think is a serious risk is that a lot of groups could end up hit very hard if the economy were to go into a downturn. People suffer during every downturn, of course, but I think any downturn now could quickly grow severe and match or exceed the Great Recession.