return2ozma@lemmy.world to News@lemmy.world · 6 days agoTrump tariffs 'will increase the unemployment rate to recessionary levels,' says economistwww.cnbc.comexternal-linkmessage-square48linkfedilinkarrow-up1439arrow-down15cross-posted to: [email protected]
arrow-up1434arrow-down1external-linkTrump tariffs 'will increase the unemployment rate to recessionary levels,' says economistwww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 6 days agomessage-square48linkfedilinkcross-posted to: [email protected]
minus-squareqprimed@lemmy.mllinkfedilinkEnglisharrow-up9·6 days agobuying consumer crap generally requires consumer income. the us will quickly become a backwater global export destination for anything other than 1% luxury items because the poors will simply be too poor to matter wrt global demand.
buying consumer crap generally requires consumer income. the us will quickly become a backwater global export destination for anything other than 1% luxury items because the poors will simply be too poor to matter wrt global demand.