And when that happens, will we hold the orange buffoon who caused it to account? Or will we all just shrug?
this post was submitted on 14 Apr 2025
385 points (99.7% liked)
News
36201 readers
2334 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
"Who knew the global economy could be so complicated? :shrug: "
Homelessness increases, poor people will get jailed for trying to exists, rich people will make more money, illegal drug sales will increase, prostitution will increase, innocent people will kill themselves ...etc.
You have to understand it never was about us, the game that they play is strictly for those that play it and everyone else gets used.
Do you want optimism or honesty?
It will be the Biden economy's fault for sure.
It's like his 10th most used word.
Someone irl told me last week "All we can do is bend over and take it"
...I'm so tired lol.
He will find a scapegoat.
The working and middle classes are effectively in a permanent recession now, anyway.
Breaking: Only 60% of CEOs can see blindingly obvious outcomes.
6mo isn’t a long time in the grand scheme of things. The rest probably expect the recession to kick in 26/27
I see you're one of those people who think all CEOs are intelligent people who rose to the top through hard work and determination.
Recession is a curious phenomenon, because its predicated on a changing rate of a figure that the Bureau of Labor and Statistics ultimately defines. It is very possible for the US economy to rot to its bones while the officially calculated GDP figure continues to inflate to the moon. Just keep pumping the value of fictitious capital while you people sink into individualized poverty long enough and eventually you'll have six High Frequency Trading accounts hot-swapping the same basket of derivatives of derivatives in an upward spiral forever.
You don't even really need a material economy, just so long as you're willing to concede that a steadily rising Big Number is the singular purpose of the financial system.
And are those CEOs planning to put pressure on the idiot who is directly causing this "tariff turmoil"?
They already are. Why do you think the Toddler in Chief keeps walking stuff back?
Because he has fans and backers. He needs to court both to survive.
Yet he keeps introducing new random stupid "policies".
He needs to be fully shut down.
When the US, YET AGAIN causes a global economic meltdown due to their dangerous policies (from how they do their so called democracy to how they let bankers do whatever the cocaine they want) can we please PLEASE just kick them in a corner and stop allowing them to be a super power?
Also, can we please jail billionaires? Just all of them would be fine at this point. Billionaires have brought nothing good to this world, get rid of them, get rid of the idea, there should be no such thing as a billionaire. Not even a cent millionaire or whatever you'd call that. Nobody should have a net worth of more than 7 digits, period. Get rid of those countries and assholes, implement normal and sane economic policies and watch the world bloom.
Why jail? We have volcanoes and forgotten gods that could use a sacrifice.
No offense, but when it comes to a recession, I'll just believe it's happening when it's actually fucking here. The massive amount of financial doomsday 'expert' predictions I've heard in the past 10 years have made the art of predicting a complete joke.
Like, I'm sure it'll happen at some point. The market is cyclical and has a tendency to bubble and boil over, but the catalyst to pin-pop the balloon is the impossible piece to predict in the temporal realm (unless someone manufactures the catalyst artificially...).
I'll just say this, if Trumps recent actions don't cause a recession this year then the US market is strong af and I'll never doubt its ability to recover ever again
It makes no sense to me that you can slap tariffs on everyone, spit in the face of all your allies and still have stonk go up
Stonks go up if profits exceed analyst expectations. The Ai stocks have pulled the entire market up the last year, even when ordinary people had much less money left and everything was much more expensive due to inflation.
I think probably it will continue to do that actually, since Ai is the new hype, and tons of startup companies are launching Ai products.
Most will fail of course but it still drives the profits for the cloud companies hosting the infra, or Nvidia and those who make the hardware.
You can't know a recession is happening until after it's already happened. It's defined as two consecutive quarters with negative growth, meaning you won't know until 6 months after it began.
Fair enough. That's a good fact to keep in mind. Been so long since I experienced a recession that I guess I didn't fully appreciate what the term meant. The last time one happened I was isolated from civilization and didn't really know it was happening.
Was there any information about what percent expected death? Asking for a friend.
If it was Xi and the CCP were doing this their citizens would overthrow them in a month.