The working and middle classes are effectively in a permanent recession now, anyway.
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…).
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.
And are those CEOs planning to put pressure on the idiot who is directly causing this “tariff turmoil”?
Was there any information about what percent expected death? Asking for a friend.