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In reply to the discussion: Please prepare... I give it 6 months [View all]Bernardo de La Paz
(58,680 posts)46. Global shipping would decline AND would represent an economic decline. Stupid tRump doing it the stupid way
Tariffs taxes as implemented by Herbert Hoover tRump are haphazard, uncoordinated, scattershot and not aimed at onshoring production. He is so stupid. He thinks he can fool American people that they are not paying the tax.
It's a money grab to help reduce the massive increase in US debt he is causing, all for the benefit of the 1 %.
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I was "downsized" shortly before 9/11. The entire job market clenched after that.
BlueSpot
Sunday
#44
Economic downturns lead to deflation, not inflation. What we have now is stagflation due to double supply shock
Bernardo de La Paz
Monday
#47
SCOTUS could save the US economy and help Trump if they upheld the appeals court decision
Bev54
Friday
#14
Global shipping would decline AND would represent an economic decline. Stupid tRump doing it the stupid way
Bernardo de La Paz
Monday
#46