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SPQR<p>The three worst presidents in US history (Herbert Hoover, George W. Bush, and Donald Trump) were all hailed for their business background and skills. Time to retire the trope that businessmen know anything about running nation states.<br><a href="https://mastodon.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.social/tags/depression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>depression</span></a> <a href="https://mastodon.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://mastodon.social/tags/collapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>collapse</span></a> <a href="https://mastodon.social/tags/macroeconomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>macroeconomics</span></a> <a href="https://mastodon.social/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://mastodon.social/tags/leadership" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>leadership</span></a> <a href="https://mastodon.social/tags/vandals" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>vandals</span></a> <a href="https://mastodon.social/tags/nihilism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>nihilism</span></a><br><a href="https://www.washingtonpost.com/politics/2025/04/04/trump-tariffs-reason-advisers/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/politics/20</span><span class="invisible">25/04/04/trump-tariffs-reason-advisers/</span></a></p>
ABC Feeds<p>Trump is out to destroy the global economic order, and it will cost us all<br>By Michael Janda</p><p>Donald Trump's tariffs are not a negotiation tactic, they are a very deliberate plan to destroy the liberal global trading and financial system the US itself established. And all of us could pay a heavy price for his attempt to reshape the world order.</p><p><a href="https://www.abc.net.au/news/2025-04-05/trump-tariffs-upend-80-year-old-world-economic-order/105139464" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">abc.net.au/news/2025-04-05/tru</span><span class="invisible">mp-tariffs-upend-80-year-old-world-economic-order/105139464</span></a></p><p><a href="https://rssfeed.media/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> <a href="https://rssfeed.media/tags/Trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trade</span></a> <a href="https://rssfeed.media/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://rssfeed.media/tags/Recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Recession</span></a> <a href="https://rssfeed.media/tags/Inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Inflation</span></a> <a href="https://rssfeed.media/tags/EconomicGlobalisation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EconomicGlobalisation</span></a> <a href="https://rssfeed.media/tags/MichaelJanda" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MichaelJanda</span></a></p>
James Russell<p>Fox Fake News Is DoubleSpeak</p><p><a href="https://kolektiva.social/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://kolektiva.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://kolektiva.social/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://kolektiva.social/tags/trumptariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumptariffs</span></a> <a href="https://kolektiva.social/tags/trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpcession</span></a> <a href="https://kolektiva.social/tags/trumpnomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpnomics</span></a> <a href="https://kolektiva.social/tags/maga" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>maga</span></a> <a href="https://kolektiva.social/tags/magacession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>magacession</span></a> <a href="https://kolektiva.social/tags/maganomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>maganomics</span></a> <a href="https://kolektiva.social/tags/foxfakenews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>foxfakenews</span></a> <a href="https://kolektiva.social/tags/foxnews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>foxnews</span></a> <a href="https://kolektiva.social/tags/foxnewsisfakenews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>foxnewsisfakenews</span></a> <a href="https://kolektiva.social/tags/politicalcomedy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politicalcomedy</span></a> <a href="https://kolektiva.social/tags/politicalsatire" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politicalsatire</span></a> <a href="https://kolektiva.social/tags/politicalhumor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politicalhumor</span></a></p>
Wizard<p><a href="https://zeal.center/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://zeal.center/tags/meme" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>meme</span></a> <a href="https://zeal.center/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p>
Charlie McHenry<p><a href="https://connectop.us/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> and his dense <a href="https://connectop.us/tags/Republican" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Republican</span></a> cronies are SHOCKED at China’s predictable assertive response to the <a href="https://connectop.us/tags/TrumpAdministration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpAdministration</span></a> imposition of very high tariffs on Chinese products. China ‘panicked’ they say… no, quite the opposite. China didn’t panic at all, they’ve been planning this for months, ever since the ‘fentanyl tariffs’ earlier this year. Have US diplomats and planners not been paying attention to China’s new breed of ‘wolf warriors’, ‘little pinks’ and armies of online activists? The country is taking strong, assertive and expansionist positions across all arenas, political, economic, foreign affairs, trade, and military. We have poked the Chinese tiger, and it is roaring its defiance. Not the expected response by naive US operatives. The stage is set now for a major <a href="https://connectop.us/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a> that could last long enough to drive global <a href="https://connectop.us/tags/Recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Recession</span></a>. Hang on to your hats, folks. <a href="https://connectop.us/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://connectop.us/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://connectop.us/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://connectop.us/tags/TariffsWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TariffsWar</span></a> <a href="https://connectop.us/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> <a href="https://connectop.us/tags/RepublicansOwnThis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RepublicansOwnThis</span></a> <a href="https://connectop.us/tags/RepublicansDidThis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RepublicansDidThis</span></a></p>
The Democratic Difference<p>Trump Tariffs Crashing Americans' Retirement Accounts</p><p>S&amp;P 500 down 10% in two days, down 16% under Trump</p><p>Friday's Tally:</p><p><a href="https://mastodon.social/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://mastodon.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://mastodon.social/tags/Recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Recession</span></a> <a href="https://mastodon.social/tags/Retirement" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Retirement</span></a> <a href="https://mastodon.social/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tariffs</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StockMarket</span></a> <a href="https://mastodon.social/tags/Crash" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Crash</span></a></p>
formuchdeliberation<p>all the latest news on the effects of Trump's many <a href="https://mastodon.world/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a><br><a href="https://mastodon.world/tags/trumptariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumptariffs</span></a> <a href="https://mastodon.world/tags/donaldtrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>donaldtrump</span></a> <a href="https://mastodon.world/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://mastodon.world/tags/stockmarket" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stockmarket</span></a> <a href="https://mastodon.world/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://mastodon.world/tags/uspolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspolitics</span></a> <a href="https://mastodon.world/tags/GlobalMarkets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GlobalMarkets</span></a> <a href="https://mastodon.world/tags/worldnews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>worldnews</span></a> <a href="https://mastodon.world/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://mastodon.world/tags/chinatariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>chinatariffs</span></a> <a href="https://mastodon.world/tags/GuardianUK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GuardianUK</span></a> <a href="https://mastodon.world/tags/newsheadlines" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>newsheadlines</span></a> <a href="https://mastodon.world/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://mastodon.world/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>money</span></a> </p><p><a href="https://www.theguardian.com/us-news/2025/apr/04/china-donald-trump-tariffs-recession--us-stock-market" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/us-news/2025/a</span><span class="invisible">pr/04/china-donald-trump-tariffs-recession--us-stock-market</span></a></p>
Political Cartoon Gallery<p>Ben Jennings @BJennings90 @officialinews_ on <a href="https://mastodonapp.uk/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://mastodonapp.uk/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpTariffs</span></a> <a href="https://mastodonapp.uk/tags/TrumpRecession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpRecession</span></a> <a href="https://mastodonapp.uk/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a> <a href="https://mastodonapp.uk/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ElonMusk</span></a> <a href="https://mastodonapp.uk/tags/Recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Recession</span></a> – political cartoon gallery in London original-political-cartoon.com</p>
Political Cartoon Gallery<p>Dave Brown’s <a href="https://mastodonapp.uk/tags/RoguesGallery" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RoguesGallery</span></a> after <a href="https://mastodonapp.uk/tags/EmanuelLeutze" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EmanuelLeutze</span></a> @Independent on <a href="https://mastodonapp.uk/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://mastodonapp.uk/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpTariffs</span></a> <a href="https://mastodonapp.uk/tags/TrumpRecession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpRecession</span></a> <a href="https://mastodonapp.uk/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TradeWar</span></a> <a href="https://mastodonapp.uk/tags/StockMarketCrash" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StockMarketCrash</span></a> <a href="https://mastodonapp.uk/tags/LiberationDay" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LiberationDay</span></a> <a href="https://mastodonapp.uk/tags/Recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Recession</span></a> – political cartoon gallery in London original-political-cartoon.com</p>
BBC News<p>Good evening. It's 7PM, Friday, 4th April. The headlines: US stock <a href="https://mastodon.bot/tags/markets" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>markets</span></a> have plummeted due to <a href="https://mastodon.bot/tags/tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariff</span></a> disputes and global <a href="https://mastodon.bot/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> concerns. <a href="https://mastodon.bot/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> has slapped a further 34% tariff on US goods. Comedian Russell Brand faces rape charges. <a href="https://mastodon.bot/tags/Israel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Israel</span></a> has launched a fresh ground offensive in <a href="https://mastodon.bot/tags/Gaza" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Gaza</span></a>, resulting in the UN announcing displacement orders for two-thirds of the region. <a href="https://mastodon.bot/tags/BBC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BBC</span></a> <a href="https://mastodon.bot/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>News</span></a></p>
Nonilex<p>US <a href="https://masto.ai/tags/stocks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stocks</span></a> extended already deep losses as traders focused on remarks from <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalReserve</span></a> Chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JeromePowell</span></a> amid global economic turmoil caused by <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s sweeping <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a>.</p><p>The S&amp;P 500 was last down 4.3%, while the Nasdaq was down by about the same amount.</p><p><a href="https://masto.ai/tags/Oil" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Oil</span></a> plunged to its lowest level since 2021 &amp; commodities including <a href="https://masto.ai/tags/NaturalGas" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NaturalGas</span></a> &amp; <a href="https://masto.ai/tags/soybeans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>soybeans</span></a> also dived as <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> retaliated against <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>'s aggressive tariffs.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Nonilex<p>"We've taken a step back &amp; we're watching to see what the policies turn out to be &amp; the ways in which they will affect the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a>. Then we'll be able to act. Fortunately, our policy stance is in a good place for us to do that." thanks to <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Biden</span></a> / <a href="https://masto.ai/tags/Bidenomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bidenomics</span></a>]</p><p><a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheFed</span></a>, he added is in the same place as everyone else, awaiting clarity on policies.<br>[again, cuz shit is crazy]</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JeromePowell</span></a> signaled that <a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheFed</span></a> would not be making any hasty decisions on <a href="https://masto.ai/tags/InterestRates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>InterestRates</span></a>.</p><p>"It's a good time to take a step back &amp; let things clarify. That's why it's just too soon to say what the appropriate monetary policy response will be to these new policies. It is just too soon to say. We can't say with any confidence today." [cuz shit is crazy]</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
RationizedInsanity🏳️‍🌈🇺🇦🇨🇦🇬🇱🇵🇸<p>The <a href="https://mastodon.social/tags/usa" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>usa</span></a> is entirely screwed, and we just caused a <a href="https://mastodon.social/tags/global" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>global</span></a> <a href="https://mastodon.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> as well, cuz <a href="https://mastodon.social/tags/china" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>china</span></a> just imposed a 34% Tariff on ALL imported things from the <a href="https://mastodon.social/tags/usa" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>usa</span></a> and markets around the world panicked, then crashed.</p><p>The entire EU announced retaliations with tariffs, and likely other consequences, saying nothing is off the table.</p><p>The USA as we know it is gone. We will never recover fully from this.</p><p>Good luck, we are gonna need it.</p><p><a href="https://scoopzapp.com/n/10AQwuYV?ctype=native_video&amp;nid=3949329308746&amp;s=a7&amp;pd=0LRF5CpA&amp;hl=en_US&amp;send_time=1743781418&amp;actBtn=videoShare" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">scoopzapp.com/n/10AQwuYV?ctype</span><span class="invisible">=native_video&amp;nid=3949329308746&amp;s=a7&amp;pd=0LRF5CpA&amp;hl=en_US&amp;send_time=1743781418&amp;actBtn=videoShare</span></a></p><p><a href="https://mastodon.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://mastodon.social/tags/tradewar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tradewar</span></a> <a href="https://mastodon.social/tags/scoopz" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>scoopz</span></a> <a href="https://mastodon.social/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>politics</span></a> <a href="https://mastodon.social/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>news</span></a></p>
kralcttam ☕️<p>Fed chair says the tariffs will lead to higher inflation AND less employment. <a href="https://mastodon.social/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JeromePowell</span></a> says <a href="https://masto.ai/tags/TheFed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TheFed</span></a> does not forecast <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> probability.</p><p>"We don't actually, we don't make a probability forecast of how likely it is for there to be a recession, but many outside forecasters do, &amp; many of them have raised the likelihood, …there's not much more I can say about that."</p><p>Powell stressed that he did not want to be part of a political discussion about <a href="https://masto.ai/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>policy</span></a>.</p><p>The Fed is not responsible for <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a>, <a href="https://masto.ai/tags/immigration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>immigration</span></a>, fiscal or other policies.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a></p>
Nonilex<p>Q &amp; A:</p><p><a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalReserve</span></a> chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JeromePowell</span></a> was asked about recent <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> comments on the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a>. He said he would not comment.</p><p>He also said:</p><p><a href="https://masto.ai/tags/Unhappiness" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Unhappiness</span></a> with economy seems rooted in <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> persisting.</p><p><a href="https://masto.ai/tags/Prices" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Prices</span></a> aren’t going down, people know they are paying more &amp; are right not to be happy about it.</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a> <a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>geopolitics</span></a> <a href="https://masto.ai/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Nonilex<p>"The new administration is in the process of implementing substantial policy changes in four distinct areas <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trade</span></a>, <a href="https://masto.ai/tags/immigration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>immigration</span></a>, fiscal policy &amp; regulation [<a href="https://masto.ai/tags/deregulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>deregulation</span></a>]," <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalReserve</span></a> chair <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JeromePowell</span></a> said.</p><p>"Our monetary policy stance is well positioned to deal with the risks &amp; uncertainties we face as we gain a better understanding of the policy changes &amp; their likely [adverse] effects on the <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a>. It is not our role to comment on those policies."</p><p><a href="https://masto.ai/tags/ETTTTS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ETTTTS</span></a> <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p>
Nonilex<p>"Looking ahead, higher <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariffs</span></a> will be working their way through our <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> &amp; are likely to raise <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> in coming quarters," <a href="https://masto.ai/tags/JeromePowell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JeromePowell</span></a> said.</p><p>"While <a href="https://masto.ai/tags/uncertainty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uncertainty</span></a> remains elevated, it is now becoming clear that tariff increases will be significantly larger than expected, &amp; the same is likely to be true of the economic effects, which will include higher inflation &amp; slower growth."</p><p>US <a href="https://masto.ai/tags/Stock" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Stock</span></a> indexes extend losses after <a href="https://masto.ai/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FederalReserve</span></a> chair Powell remarks were released.</p><p><a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p>
C. Lambeth<p>Dear <a href="https://mstdn.party/tags/republicans" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>republicans</span></a>,<br> You broke it. You now own it.</p><p><a href="https://mstdn.party/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://mstdn.party/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>inflation</span></a> &amp; <a href="https://mstdn.party/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>recession</span></a></p><p><a href="https://mstdn.party/tags/VoteBlue" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VoteBlue</span></a></p>