this post was submitted on 31 Mar 2025
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United States | News & Politics

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Chances of a Recession Hiked to 35% as Trump's 'Liberation Day' Tariffs Loom (www.commondreams.org)
submitted 1 year ago by BrikoX@lemmy.zip to c/usa@midwest.social
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As Trump pushes forward with devastating "trade war" tactics, Goldman Sachs warns of a 35% chance of recession in the next year.

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[–] mutual_ayed@sh.itjust.works 11 points 1 year ago

That's ridiculously low, we're currently entering a recession by most key metrics.... 40% is it'll be a depression.

Might want to use an adblocker for this link https://www.newsweek.com/five-recession-indicators-usa-trump-tariffs-economy-downturn-2051996

For anyone geoblocked https://archive.fo/QjBbS

[–] Tylerdurdon@lemmy.world 9 points 1 year ago

Don't worry, they'll redefine recession again so we won't be in one. Nothing to see here. Move along.