keccers
@keccers.eth
“I’m sorry I can’t be particularly positive.” https://www.semafor.com/article/02/27/2025/american-business-leaders-are-turning-on-trump-fast
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agusti
@bleu.eth
😭
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cyrus
@cyrus
may have just found my new slogan for the near-futures
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gFam.live (UrbanGladiator)
@gfam
It definitely shows how tunnel-visioned CEOs can be. They thought about their personal tax breaks and increased value of their shares that deregulation might bring... and not how the current administration might affect the economy as a whole - despite having plenty of data and Project 2025 publicly available.
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Alex
@asenderling.eth
Markets aren't big fans of unpredictable and arbitrary economic policy, like tariff wars, who could have guessed 🤷
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Nerd-E 🎩🔮
@nerdy
Suddenly, businesses remember that they like stability above all else.
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willpowered.⌐◨-◨
@willpowered.eth
“I’m sorry I can’t be particularly positive” is my default setting 🫠
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eggman 🔵
@eggman.eth
Yeah, I’m not sure what the game plan is here. Tariffs are like an aggressive and sudden form of inflation for common people. Basically a 25% tax on everything. Which results in people spending more to get the same goods, meaning less cash for luxuries. Businesses see less sales (lop-sided for luxuries), and have a new 25% tax bill on most goods. Revenues at said businesses decline, leading to hiring freezes and then job losses. The consumer has even less money, and consumer spending starts tanking. Businesses see even less sales, and the contagion starts hitting shipment/freight firms, then into foreign economies. Double the effect for any retaliatory tariffs. The cycle repeats itself then until something in the financial system snaps, giving central banks the option of zero’ing rates (surging inflation), or facing into a massive recession. And I think that’s the point. That fucking clown wants zero rates and will nuke the economy to get them.
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