Re: Make American Great Again

On Mon, 10 Mar 2025, JAB wrote:

On Tue, 04 Mar 2025 21:33:23 -0600, JAB <here@is.invalid> wrote:
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(WSJ) - The world economy could face a crash similar to the Great
Depression of the 1930s unless the U.S. rows back on its plans to
impose steep tariffs on imports, a senior official at the
International Chamber of Commerce warned

>

https://www.wsj.com/economy/trade/tariff-war-risks-sinking-world-into-new-great-depression-235fffeb

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US stocks drop after Trump says he won't rule out a recession
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US stocks tumbled Monday, continuing a steep selloff driven by
concerns about the impact of President Donald Trump's tariffs on
economic growth.
>
All three major indexes opened sharply lower Monday after Trump said
the US economy would see "a period of transition" and refused to rule
out a recession, in an interview that aired Sunday.
>
When asked on Fox News' "Sunday Morning Futures With Maria Bartiromo"
if he was expecting a recession this year, Trump said "I hate to
predict things like that. There is a period of transition because what
we're doing is very big."
>
https://www.cnn.com/2025/03/10/investing/us-stocks-drop-after-trump-says-he-wont-rule-out-a-recession/index.html
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period of transition

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He had no idea of future consequences....differences in wages between
US workers vs low paying workers elsewhere means if jobs were brought
back to US, the cost of these products would be much higher.
>

what we're doing is very big

>
Oh, he has a "plan" but does not explain it....he's just playing with
a control panel, and not knowing the end result.
>

Ahh... wonderful! Let's see if we'll have a little 1 year recession on our hands. Time to save, wait, and then buy stocks after a 20%-30% drop. =D
This I have always done in the past during recessions, and I have been rewarded greatly for it!
I am also waiting for Musks Icaros moment, when he will soar too high and get burnt by the sun. This is just human psychology. The psyche snaps with too much power, and then the persons snaps.