Talk me down:
Those in the bottom third of the U.S. economy could simply take on all the debt possible now, *before* the economy tanks and their hard work to *build down debt* recently is obliterated by #stagflation, and be farther ahead post Trump.
Forward loading their debt may help them find an economic cushion in a chaotic #recession #economy through having tradable goods.
They could invest in making sure both houses of Congress change hands in '26.
Make saving worthwhile again.
WASHINGTON — Investor who predicted the 2008 financial crisis says he's 'worried about something worse than a recession' - Ray Dalio, the founder of the hedge fund Bridgewater Associates, said he is "worried about something worse than a recession" if President Donald Trump does not properly handle tariffs and other economic policies.
"I think that right now we are at a decision-making point and very close to a recession," Dalio said on NBC News' "Meet the Press" on Sunday. "And I'm worried about something worse than a recession, if this isn't handled well." - #economy #economics #finance #recession #TrumpTariffs #Tariffs #TradeWar #Inflation #Stagflation https://www.nbcnews.com/politics/politics-news/investor-predicted-2008-financial-crisis-says-worried-something-worse-rcna201040
“Trump Tariffs on China will soon bring ‘irreversible’ damage to many American businesses.
For most businesses in the US, orders from China are being CANCELED & Chinese freight being shipped could be abandoned.”
Will Trump be convinced to halt the #tariffs before it’s too late? He only has a few days before he wreaks more damage on the already weakened US #economy.
One serious concern is #stagflation — persistently increased inflation coupled with low economic growth and increased unemployment.
Though lowering the dollar’s value will be a boon for US exports, it also threatens the dollar’s place as the world’s reserve currency as it invites economic turmoil to American consumers.
/3 
#USA #economics #USEcon #trump
~ The Weaker U.S. Dollar Is MAGA's Silent Killer ~ (opinion)
The big little secret is now dripping out in public: Trump's getting ready to exempt farm workers from his deportation raids.
The admin has had to slow down or even abandon indiv deportations in the face of strong popular resistance -signaling another exception.
They may keep their jobs, but they'll lose their health INSUR, ability to afford rent & groceries... bc R MOC have endorsed Trump's tariffs
#stagflation #recession, will defund MDCD, social safety net...
#USPol https://www.thebulwark.com/p/farmers-try-to-keep-food-on-the-table-despite-trump-deportations-immigrants-labor-unions-tariffs-california-bakersfield
"Inflation expectations have never risen this far, this fast."
-J Wolfers
"New consumer sentiment data just out for April:
Americans’ expectations for how the economy will fare over the next year are now at their worst in 45 years.
Consumer confidence is down 40% since Trump’s inauguration, including a 20% drop among Republicans.
Inflation expectations also up to their highest since 1981."
-J Burn-Murdoch
The Trump admin's #tariffs have US companies scrambling -some have announced higher prices, others are warning consumers to brace for increased costs.
Some consumers are stocking up on goods they think are likely to become more expensive if US "reciprocal levies" on dozens of Cs *paused for 90 days, take effect.
There's a 10% tariff on all US imports to the US. CN accts for ~1/3 of all goods imported into the US, faces levies of up to 145% tariff-.
#USPol #Stagflation https://www.cbsnews.com/news/trump-tariff-surcharge-prices/
Chicago Fed President Austan Goolsbee warns that tariffs act as stagflationary shocks, worsening both Fed mandates, and predicts lower interest rates in 1-2 years amid economic uncertainties.
#YonhapInfomax #ChicagoFed #AustanGoolsbee #Tariffs #Stagflation #InterestRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58248
NY Times - #News - Stocks Dive Again as Angst Rises Over Trump’s Trade War
The S&P 500 fell 3.5 percent by the closing bell, erasing part of Wednesday’s recovery, as fears grew that the worsening trade war with China will crimp growth. #StockMarket #Stocks #SandP #Finance #economy #investment #trade #TradeWar #Recession #stagflation
The world has lost faith in America, its leadership is incompetent, disingenuous, unpredictable...
"Dollar getting pounded -2% while long bonds yields fly upwards.
You NEVER see that.
That’s third world country shit.
Wall Street telling Trump you either deescalate voluntarily or we will deescalate involuntarily for you."
-S Hakiman
"Treasury Sec says that he & the President have been LYING to voters, markets, & trading partners all along.
Credibility is scarce & valuable, & I worry that a Treasury without it will be much less effective when a true crisis hits."
"TSY Sec Bessent isn't making sense. & thedeeper mistake is the pervasive zero sum thinking throughout top Admin officials. Causing pain for others doesn't imply there's joy for us."
-J Wolfers
#Trumpcession #Tariffs #Stagflation #USPol 
https://www.wsj.com/politics/policy/why-trump-blinked-on-tariffs-b588aea8?st=jQ73FX&reflink=desktopwebshare_permalink
"There's no effective difference between a 104% & 125% tariff
- It's not true only China retaliated - the EU & Canada have, too
- There have been no deals with anyone
- 10% across the board is still a big tax hike
So none of it makes sense, but maybe he's starting to cave."
-D Swonk
Economists, journalists, politicians... understand the damage to the economy & markets, distrust in America's leadership, governmental incompetence & chaos...
"Here's the rule the House just passed for taking up its budget resolution -- with a provisionpreventing any House member from filing a disapproval resolution on Trump's tariffs through Sept. 30.
See #6. They're insulating Trump's tariffs from being canceled by themselves."
-J Bendery
Johnson is ensuring a deep recession!
NY Times - #News - China and Europe Hit Back as U.S. Tariffs Kick In; Tumult Spreads to Bond Market… Stocks and bonds fell as markets opened, heightening fears of a global recession as China and the European Union announced trade retaliation against the United States.
I wrote a longish essay on why #TrumpTariffs are based on bad logic, bad math, and bad diplomacy… and will ultimately lead us into a period of #stagflation.
https://docs.google.com/document/d/1QQR1E6wZKvl4rjCHmRepoWM_Lp7UQJWpSSpdWbEI31M/edit
"Former Treasury Secretary Summers warned that the US is now likely headed toward a recession, with potentially2 MILLION Americans put out of work, thanks to the tariff increases now in train."
#Resist #Republicans #Trumpcession #Tariffs #Stagflation #USPol https://www.bloomberg.com/news/articles/2025-04-08/summers-warns-us-likely-headed-to-recession-2-million-jobless
Russian economy has hit stagflation.
Just as predicted. Actually one quarter earlier than most did.
Trump’s tariffs hit on oil prices also make it much worse.
Of course, Russia won’t fall right now but will start to rot and degrade.
All you had to do was keep supporting Ukraine and wait,
but I guess that was too difficult for MAGA’s 3-day attention span. 
https://www.youtube.com/watch?v=x2Wg9FpmnZw
#nafo #ukraine #russia #economy #stagflation #tariffs
Russian opposition economist Vladimir Milov declared an official start of #stagflation in #Russia - that is collapse of manufacturing output combined with high inflation as the economic growth hits record low 0.2% in February.
Full video: https://youtu.be/B9zhKB1Q–k?si=Ncs1ZQBg9f2h4Mlz (in Russian, but automatic subtitles work)
Former New York Fed President Bill Dudley warns of increasing likelihood of U.S. economy entering stagflation, projecting potential 5% inflation within six months amid economic slowdown and tariff impacts.
#YonhapInfomax #Stagflation #FederalReserve #Inflation #TariffPolicy #EconomicOutlook #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57661
"On Trade & Tariffs, Trump’s Stubborn Ignorance Shines Bright. The president can't be taught. And we’re suffering for it.
Nothing as critical as the entire world trading system or the maint of the NATO alliance should be decided by which side of the bed upon which the emperor wakes up. But due to the cowardice & cupidity of the GOP/others, we’ve gradually lost to strongman rule -bowing before a POWER-DRUNK MAN-CHILD."
#Idiocracy #Tariffs #Trump #Trumpcession #Stagflation https://www.thebulwark.com/p/trade-and-tariffs-trump-cant-be-taught-economy
