ElwoodBlues · M
In addition to the suspension of outside investments, US stock markets are down by 10% since inauguration day less than 3 months ago. that's a MASSIVE drop.
It means domestic businesses will have less capital to invest. And as tariff driven price increases make their way thru the system, it means consumers will buy less, cutting business income. Tяump has triggered a recession.
It means domestic businesses will have less capital to invest. And as tariff driven price increases make their way thru the system, it means consumers will buy less, cutting business income. Tяump has triggered a recession.
SatanBurger · 36-40, F
@ElwoodBlues I know I'm not buying anything, except food maybe but I'm just saving and going to sit on my money. That's not even going to the bank either. I'm gonna hide it
ElwoodBlues · M
@SatanBurger Yep, we've cut back on optional spending too.