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20 sats \ 2 replies \ @Undisciplined 30 Apr \ parent \ on: U.S. economy shrinks for the first time since Q1 of 2022 econ
A lot of business activity paused last quarter, I presume to get a feel for what the policy environment will be like under Trump.
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39 sats \ 1 reply \ @Coinsreporter OP 30 Apr
The condition of economy had already worsened under Biden. If Trump's taking these measures to overcome a possible recession, this downturn is not a bad sign. I'm sure US will see a dramatic economic turnaround under Trump. Afterall he himself is a businessman..
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0 sats \ 0 replies \ @Undisciplined 30 Apr
From what I understand, his negotiating strategy is fairly chaotic. I'm not sure he appreciates the importance of certainty in economic activity.
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