While markets wait for trade negotiations with 90 countries at the same time, global trade is grinding to a standstill with problems similar to what we saw during Covid: growing supply chain challenges with potential shortages in US stores within a few weeks, higher US inflation, and lower tourism to the US. We reiterate our view that if current policies do not change, then the probability of a US recession in 2025 is 90%,

  • Dirt_Owl [comrade/them, they/them]@hexbear.net
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    16 days ago

    Lmao I swear if 90% of the population was is poverty they’re still be like “Maybe their might be a recession soon?” Like bruh we’ve been in a crash since 2008, the economy never fully recovered and things have only been economic crises one after the other.

  • HakFoo@lemmy.sdf.org
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    16 days ago

    I’m amazed that they don’t hust stop publishing economic data. Like Covid, if they stop tracking it there’s no crisis!

  • Lamprey [he/him]@hexbear.net
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    16 days ago

    I don’t think there’s like anything short of a coup in the US that would fix this issue. Even if the motha fucka reversed policies or does another pause, there’s an amount of trust that is no longer there lol