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'There Will Be Blood': JPMorgan Hikes Odds of Trump-Triggered Recession to 60%.
(www.commondreams.org)
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this post was submitted on 04 Apr 2025
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God this is bleak.
I'm not even in the US. This is a global recession.
It sounds like shit is going to get real, really quick. As in next week?
Trump isn't going to back down either - good or bad he always just doubles down. If Mexican producers stop selling to the US he's just going to go to war right?
As an aside, I had been wondering what the US gov is going to do with all that tariff revenue... but now it seems kinda clear that consumers will be buying a lot less stuff, so there will be less income tax revenue anyway.
Maybe that's the plan? Start a trade war that will inevitably lead to a real war? It sets a lot more precedent for the lean on all of the marshal law type powers he's chasing after.
The U.S. does make a lot of money at war. Kinda makes you wonder why few of Leon's federal spending cuts have been in the DOD? 🤔
They don't make as much money when they are fighting a war. Especially on American soil.