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"European and Asian markets tumbled Monday morning and now that the markets are open in New York, it’s a day in Trump’s America, so best not look at your 401K.

And now Canada has officially broken up with us."

~ Marcie Jones

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/2

https://www.wonkette.com/p/dear-leaders-liberation-day-of-your

"The Dow Jones suffered its worst day in weeks on Friday. … Goldman Sachs yesterday upgraded their U.S. recession risk to 35 percent … and Japan’s Nikkei index fell 4 percent during early trading this morning."

~ Simon Rosenberg

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #Dow #TaxCuts #EconomicElites
/3

https://www.hopiumchronicles.com/p/today-is-a-do-day-mad-donalds-tariffs

"President Donald Trump is pushing the economy to a breaking point with sweeping tariffs and rapid cuts to immigration and the federal workforce. There is growing fear of not just a recession but stagflation, a frightful situation — not seen in the United States since the 1970s — in which the economy contracts and people lose jobs but prices remain high.

This is a self-inflicted wound from Trump."

~ Heather Long

#Trump #economy #tariffs #inflation #stagflation
/4

https://www.washingtonpost.com/opinions/2025/03/31/trump-stagflation-recession-tariffs/

"Where are we headed? A recent survey of corporate chief financial officers finds 60 percent of them agreeing that we’re headed for a recession this year. Is anyone surprised? This is what Republicans do. They screw up the economy. Later down the line, Democrats get elected and have to fix everything."

~ Michael Tomasky

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/5

https://newrepublic.com/article/193360/trump-tank-economy-liberation-tariffs

"Trump is a geopolitical Ponzi schemer, running a fraud on the American people and weakening our standing in the world. But he’s not just hurting Americans. He’s also making our allies reconsider everything, from intelligence-sharing to military procurement."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/6

~ Ben Meiselas

https://www.meidasplus.com/p/canadian-mp-charlie-angus-on-why

"The collapse is coming—and as [Canadian MP] Charlie [Angus] warned, it’s going to hit Americans first. Higher prices. Job losses. Isolation."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/7

"On the Fox News Channel this morning, Director of the National Economic Council Kevin Hassett said: 'President Trump has a long run vision of a golden age of America and we’re working really, really hard to get it out there in time. But I can't give you any forward-looking guidance on what's gonna happen this week.'"

~ Heather Cox Richardson

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/8

https://heathercoxrichardson.substack.com/p/march-30-2025

"'The president has got a heck of a lot of analysis before him, and he's gonna make the right choice, I'm sure.'

The National Economic Council is the primary group the president uses to develop domestic and international economic policy, so the fact that Hassett appears to have no idea what’s coming is concerning."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/9

"MAGA conservatives love Viktor Orbán. But he’s left his country corrupt, stagnant, and impoverished. ...

'Please trust us,' Orbán declared in his annual state-of-the-nation speech in early 2023. “You can bet on it: By the end of the year, we will have inflation in single digits'.”

~ Anne Applebaum

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/10

https://www.theatlantic.com/magazine/archive/2025/05/viktor-orban-hungary-maga-corruption/682111/?gift=hVZeG3M9DnxL4CekrWGK3x9sHVa0LDGR9gcTv0mlsRo&utm_source=copy-link&utm_medium=social&utm_campaign=share

"In fact, annual average inflation in 2023 was more than 17 percent. In 2024, the government predicted 4 percent growth; the reality was 0.6 percent. Anyone who contradicts this messaging is unlikely to be widely heard."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/11

"America is spinning quickly in the direction of Hungarian populism, Hungarian politics, and Hungarian justice. But that means Hungarian stagnation, Hungarian corruption, and Hungarian poverty lie in our future too."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/12

"Banks are predicting a downturn for the American economy.

Goldman Sachs raised its 12-month recession probability from 20 percent to 30 percent on Monday, reported Reuters. The banking giant also downgraded American gross domestic product growth forecast from 2 percent to 1.5 percent, and projected three interest rate cuts by the Federal Reserve."

~ Ellie Quinlan Houghtaling

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket
/13

https://newrepublic.com/post/193388/donald-trump-economy-recession-banks-panic

"Stock markets across the world fell heavily on Monday after Donald Trump suggested that new tariffs he is expected to announce this week would hit 'all countries'.

Shares fell across Asia-Pacific markets, in Europe and in the US after the US president crushed hopes that 'reciprocal tariffs' expected on Wednesday would target only countries that have the largest trade imbalances with the US."

~ Graeme Wearden and Kalyeena Makortoff

#Trump #tariffs #StockMarket
/14

https://www.theguardian.com/business/2025/mar/31/trump-tariffs-global-stock-markets

@ellestad Touché.