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0 sats \ 2 replies \ @Solomonsatoshi 7 Apr \ on: Is the America Getting Ripped Off? econ
Trump is dealing with the fact that the US can not any longer sustain the chronic trade and fiscal deficits it has 'enjoyed' for decades.
You cannot take more than you give indefinitely.
Eventually the debt collectors sharpen their knives and demand austerity.
The tariffs are a swift, crude and in the short term, effective means of maintaining the solvency of a declining empire when US voters are not yet ready to accept reality.
Give it time.
Oh, I'm giving it time. The sky is not falling and I'm not shocked. Gonna be interesting to watch it unfold. I think we are headed into a recession this year and hopefully a rip roaring econ in 2026.
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Plan for the worst but hope for the best!
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