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#recession

26 posts23 participants2 posts today
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🇺🇦 Je me souviens 🇨🇦

I'm sure it's all part of #Dementia #Trump plans to destroy international relations and the global economy.

"Canadian airlines start canceling U.S. routes amid Trump fallout
Flights to Nashville and Las Vegas from Toronto are affected."

#Recession #Depression #Crisis #Tariffs #Economy #Canada #NAFTA #TradeWar #USA #EU #Europe #NATO #News #Democrats #MAGA #Fascism #USA #WallStreet

thestreet.com/travel/canadian-

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Emeritus Prof Christopher May

I may have little time for Rachel Reeves, but as I argued in January trying to pin the blame for the continuing malaise in the UK economy on her (as much of the media continues to do), really is missing the key culprits; the Bank of England.

Lets be clear: the UK economic problems while related to external circumstances, have also been significantly worsened/engineered via the interest policy of the sado-monetarists of Threadneedle St.

#economics #politics #recession

northwestbylines.co.uk/politic

North West Bylines | Powerful Citizen Journalism · Is Rachel Reeves’ budget the real cause of the latest economic slowdown?Was Rachel Reeves’ budget solely to blame for the economic woes of the present? Chris May explains the real causes behind our economic slowdown
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Kim Perales

"Do you think, if Biden was like “we’re going to cause a recession but after that we’ll have a golden age,” that the WaPo would say “oh he’s just not explaining his plan very well?"
-W Stancil

"Trump econ advisor Hassett warns of more uncertainty over tariffs."

But he predicted that things will clear up when the Trump admin implements its plan to IMPOSE "RECIPROCAL #TARIFFS“.
Watch⬇️
Trump & Bessent: declined to rule out the possibility of a #recession.
#Idiocracy #USPol
cnbc.com/2025/03/17/trump-hass

An article headline from The Washington Post discusses President Trump's economic plan, noting that while it aims to reshape the economy, he is not effectively communicating its details. The piece highlights the confusion surrounding the expected outcomes.
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AI6YR Ben

AP: Tariff threats, spending cuts put Federal Reserve in tough spot as it meets this week
Economy Mar 17, 2025 10:01 AM EDT

WASHINGTON (AP) — When Federal Reserve officials last met in late January, things looked pretty good: Hiring was solid. The economy had just grown at a solid pace in last year’s final quarter. And inflation, while stubborn, had fallen sharply from its peak more than two years ago.

What a difference seven weeks makes. (more...)

pbs.org/newshour/economy/tarif

PBS News · Tariff threats, spending cuts put Federal Reserve in tough spot as it meets this weekOngoing tariff threats as well as sharp cuts to government spending and jobs have tanked consumer and business confidence, which could weigh on the economy and even push up unemployment.
#economy#recession#tariffs
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Kim Perales

Trump finds that trashing the rule of law also trashes the economy. Tanks: $29T economy in 7 weeks. Plunging stock markets have lost ~$4T, Americans’ RT accts: shriveling, his trade war is set to raise prices & #recession alarms are blinking🚨.

No rules -the law is optional -no predictability to his actions. Bus ldrs/consumers: no idea what’s coming -can't plan... wrecking: economy.

“What's your strategy to lower the overall cost of living?” Reporters: kicked out.
#USPol
washingtonpost.com/opinions/20

The Washington Post · Trump’s ad hoc presidency is destroying the economy — and a lot moreBy Dana Milbank
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Kim Perales

"There are a lot of Trump-aligned voices telling people to calm down. Selloffs happen.

And it’s true. People tend to regret panicking.

But this is one of the fastest selloffs of the last century, while the President pursues a policy that virtually no economist will defend."
-J Weisenthal

Treasury Sec Bessent says a🚨‘DETOX' period for the economy doesn't have to be a recession.

It'll be a deep #recession.

Notification from Bloomberg Today regarding the S&P 500 falling into correction, citing it as the seventh-fastest since 1929, linked to renewed tariff concerns.
#Trumpcession#Trump#Stagflation
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