/gecg/ Global Economic Crisis General.
It's time to call things by their proper names. Thanks to the efforts of Trump's team, a large-scale economic crisis is beginning in the world. We discuss it here. Join us. Share news and opinions.
/gecg/ Global Economic Crisis General
Its great and exciting. Whores will suffer most
gayto already brainwashes mutts "to fight china" LMAO, satanists were able to destroy their own country.
implying
they'll claim they wanted all of it all the way to the poor house
It won't bother us thanks to Sir Kier we only got 10% tariffs. The rest of you can get fucked.
Goldman Sachs raises U.S. recession probability estimate from 35% to 45% — Reuters
The key index of the Hong Kong Stock Exchange, the Hang Seng, fell more than 13% on Monday amid a decline in stock indices across all Asian markets.
According to the exchange, the Hang Seng fell 13.22% at the close of trading, or 3,021.51 points, to 19,828.30 points. According to Hong Kong Business, this was the biggest drop since October 2008.
The price of Bitcoin fell below $75 thousand for the first time since November 7, according to data from the Binance platform.
Black swan investor predicts 80% market crash
It's over.
Ted Cruz sides against tariffs. Saying US car companies will be hurt more than foreign ones
The orange nigger is making sure that there will never be another republican president ever again.
China may wait until the US can no longer cope with inflation and discontent over rising prices and unemployment due to Trump's tariffs, rather than 'fight to the end' - The Economist, speaking to senior advisers, government analysts and economists
They say this is the easiest way to bring Trump to the negotiating table, and it is worth waiting for negative trends in the economy. Some suggest making things worse for the US by strengthening the yuan, but this is too risky - by the time US inflation rises, Chinese industry and supply chains will have suffered.
fpbp
we need a recession, I need to see people suffer and lose their jobs so fucking bad bros. I fucking love trump.
Goldman Sachs raises U.S. recession probability estimate from 35% to 45%
I call it a solid 85%.
It's a chance to rebuild from the ashes, instead of boomers quadruple dipping into my pockets to just barely eek out an existence.
At what point will you abandon investing and pursue a life of prayer, solitude, and contemplation?
honestly i dont know how america could get any worse, no healthcare, fent crisis, guns shooting schools, will probably end like south africa, where poor are driven to violence en masse
The US announced the transfer of warships to Panama to "liberate itself from China's influence." An unnamed number of warships, according to Pentagon chief Pete Hegseth, have already been sent to control the Panama Canal. Separately, the US announced a "revision" of rates and tariffs for Chinese ships in ports. At the same time, the US confirmed possible military plans to put pressure on Iran.
Trump is essentially reviving mercantilism, the view that the amount of wealth in the world is fixed and that nations should strive to have as large a share as possible.
The era of liberal free trade is over
China is 100% going to wait and let the US destroy itself before they come to the table and force a favorable deal to China. They're going to use this crash to expand their influence in European markets and elsewhere.
They know Trump is desperate for a deal and they know he's a pushover in negotiations to begin with, they can leave him hanging for as long as they like and whatever deal he signs he'll pretend was a wonderful tough deal on China.
What does the orange retard even want? Can someone answer in non-trumpisms?
Oil price will crash to botton because recession is just on corner...you know to whom you can say "thank you".
Americans are buying up iPhones en masse, fearing higher prices due to Trump tariffs, Bloomberg reports.
Branches across the US were filled with customers "panic-buying phones" over the weekend. Many asked employees if Apple products would really become more expensive.
I really want to see a reaction clip from all this.
It goes like this
Trump personally likes tariffs; he likes them in that capacity: he just likes them
Trump personally dislikes trade deficits; he dislikes them in that capacity: he just dislikes them
Trump is literally just using the tools he likes (tariffs) to make the things he dislikes (trade deficits) go away. He is not a rational actor or a thinker. He operates purely on intuition. He doesn't give a shit why he likes or dislikes these things. He's decided that he likes and dislikes them.
Economic crisis
For whomst?
It's transitory
CANADA: ALREADY ANNOUNCED 25% COUNTERTARIFFS AGAINST CERTAIN US-MADE CARS TO TAKE EFFECT ON APRIL 9
mom i posted it again
The Chinese always talk a big game but they’re ultimately a weak civilization that exists to live at the whims of stronger ones. Always has been, always will be. They’re genetically predisposed to be colonized if not physically then in the mind,
djia is going to 9,000
Who the fuck pays these fucking faggots?
US Justice Dept disbands crypto enforcement team, citing Trump order
reuters.com
the view that the amount of wealth in the world is fixed and that nations should strive to have as large a share as possible.
Always has been, fiat money isn't material wealth, we just play pretend for one hundred years
Sure
accelerate.
the scamcoins is the most scummy thing he did
1. scamcoins
2. gold card
3. the guitar
Europe has begun to discuss Trump's tariffs with China. Trump has said the EU must buy $350 billion in US energy to get tariff breaks.
USA.
Donald Trump just raised tariffs on Chinese products to 104%, White House officials said it would go into effect immediately, at midnight tonight.
For reference, China produces [according to media reports]:
1. Apple 90% of products.
2. Ford Motor Company up to 50% of products.
3. Tesla 50% of cars, 100% of batteries.
4. Walmart 70-80% of goods.
5. Qualcomm 66% of revenue comes from China.
6. Micron Technology 57% of revenue comes from China.
7. Boeing titanium and electronics.
8. Nike 30% of goods.
9. General Motors 2/3 of parts, Chevrolet, Buick and Cadillac cars and their sales.
10. Coca-Cola packaging, ingredients + sales. Of the $45 billion in revenue, China accounts for $11 billion.
#China #USA #Tariffs
why did they start covid?
And yet no tariffs on Russia. Who we import $3 billion worth of goods from annually.
Finish the sentence: Nothing
what do you think of this idea? this tariffs on goods ultimately does not hit the core of american power which is their megacorp valuation and dollar
its all raw material, not replaceable
gourmets
Excellent, I hope this is the death of the US empire.
Krasnov even looks red.
So, /ugh2.0/?
Well, he's right.
I fucking love trump for this. I don't care if it's 5d chess or that he's just retarded, he's bringing down ZOG faster than what was thought possible.
Russia and North Korea were the exceptions, funny that.
NOOOOOOOOOOOOOOO FUCKING TRUMP WE CANT HAVE A REASONABLE MARKET THAT MAKES SENSE WE NEED MORE BIDEN INFLATION ARTIFICIAL PUMPING ONLYFANS GOOGLE APPLE AI INSTAGRAM DISNEY PLUS ECONOMY
Peter Navarro caused all this.
Tariffs will reverse crisis in masculinity in America
guys, why are socialists suddenly the biggest proponents of multinational conglomerate profits?
Waifus are back on the menu boys.
Stock markets are already pricing in a 79% chance of a U.S. recession this year — JPMorgan
It must be really comfy to be Russian and Iranian right now. Now that everyone is technically sanctioned, Nobody is.
Puts and Calls have skyrocket in price
fuck orange man is going to price me out of bear market
why would you buy options when you're already in a highly volatile market?
it's a miracle it wasn't priced in already, to be honest.
Passive aggressive anti trump post
Larping as being serene and calm
Your image and post says it all. You're some HR tier bad bitch boss job worker making $150k a year and use HECKIN 401Ks, HECKIN ROBINHOOD and other shit.
Now things are going to shit, you're like "oh boy things are going bad.... Let me fantasize about shit that uhhhhhh REQUIRES MONEY" pottery. Absolutely says it all.
The better question... At what point will you realize lalaland of peace and quiet wont work if you ain't got dough. Bubble status popped. Go doing a heckin pray and contemplate and solitude and see what happens when rent is due faggot. You go to the curb. Idiot philosophy book in your image. cant read if you don't have time.
I'm glad your investments are going to hell in a hand basket. Hopefully they lose 100% of their value.
I live paycheck to paycheck like most Americans. We are the ones that got trump elected, not you. Everyday Americans don't invest cause they can't. I am celebrating the economy going bad. The rich liberals are the ones suffering, not me. I don't have a 401k. Waaaah musk is getting richer - famous words said by people making bank and never gave me any of their shit. Get fucked retards. even if i lose my job and end up homeless, the relative decline in my life quality is NOTHING compared to someone like you
the only hope of someone like me, ever having stake or say in society is because of economic policies like this. literally turns things upside down. I voted for this.
shoe will be the other foot retard. real americans drive forklifts, work in amazon warehouse, cash your bags at Walmart.... fry your burgers at McDonald's.... and you treated us like dirt and pretended everything was fine. what a rude awakening for you shithead. you're going to be the ones living paycheck to paycheck soon. trump dictatorship. roles reversed. u will be busting your back and waiting our tables for the rest of your damn life.