Conversation

Notices

1. Embed this notice
   William Lindsey :toad: (wdlindsy@toad.social)'s status on Tuesday, 01-Apr-2025 07:02:28 JST William Lindsey :toad:

   in reply to

   "President Donald Trump is pushing the economy to a breaking point with sweeping tariffs and rapid cuts to immigration and the federal workforce. There is growing fear of not just a recession but stagflation, a frightful situation — not seen in the United States since the 1970s — in which the economy contracts and people lose jobs but prices remain high.

   This is a self-inflicted wound from Trump."

   ~ Heather Long

   #Trump #economy #tariffs #inflation #stagflation
   /4

   https://www.washingtonpost.com/opinions/2025/03/31/trump-stagflation-recession-tariffs/

   • Embed this notice
     William Lindsey :toad: (wdlindsy@toad.social)'s status on Tuesday, 01-Apr-2025 07:02:29 JST William Lindsey :toad:

     in reply to

     "The Dow Jones suffered its worst day in weeks on Friday. … Goldman Sachs yesterday upgraded their U.S. recession risk to 35 percent … and Japan’s Nikkei index fell 4 percent during early trading this morning."

     ~ Simon Rosenberg

     #Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #Dow #TaxCuts #EconomicElites
     /3

     https://www.hopiumchronicles.com/p/today-is-a-do-day-mad-donalds-tariffs

     Steve's Place repeated this.
   • Embed this notice
     William Lindsey :toad: (wdlindsy@toad.social)'s status on Tuesday, 01-Apr-2025 07:02:30 JST William Lindsey :toad:

     "The stock market is melting down. Stocks fell sharply today as traders nervously looked ahead to Trump’s tariff plans.

     The S&P 500, the broadest market index, hit its lowest level since September."

     ~ Robert Reich

     #Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
     /1

     https://robertreich.substack.com/p/the-shock-market

     Haelwenn /элвэн/ :triskell: likes this.
     Steve's Place repeated this.
   • Embed this notice
     William Lindsey :toad: (wdlindsy@toad.social)'s status on Tuesday, 01-Apr-2025 07:02:30 JST William Lindsey :toad:

     in reply to

     "European and Asian markets tumbled Monday morning and now that the markets are open in New York, it’s a day in Trump’s America, so best not look at your 401K.

     And now Canada has officially broken up with us."

     ~ Marcie Jones

     #Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
     /2

     https://www.wonkette.com/p/dear-leaders-liberation-day-of-your

     Steve's Place repeated this.