Amazing! It is turning into 1929 again. Many experts feel a recession may be imminent. No one suggesting a depression yet.
The last two days have been amazing. Actually, the past two weeks the way the market has dropped. Thursday was 1,679 points. Friday could not be worse. It was. The stock market closed 2,231 points down.
What will monday hold? More of the bad I suspect.
Yesterday marked the first time ever that the stock market closed down more than 1,500 points on back to back days.
Congratulations Donald! You are doing one hell of a job. You warned there would be some pain. Sounded like a little pain. This pain is horrendous. Will be horrible if it continues for very long.
Americans are concerned. No, worried! Your Liberation Day is turning rapidly into a disaster. Take it back! We want no more of this type gift.
Even those who supported you in the last election are starting to shit their pants! Donald, you have wrought an Apocalypse on them!
While most Americans were cringing watching the market drop yesterday, our esteemed President could be seen riding a golf cart in Florida. He is trying to work a deal where the two major golf leagues merge and play many, if not most of their tournaments, on his golf courses world wide. Donald was in Florida trying to maneuver things favorably for himself and his Saudi Arabian friends.
Son Eric announced this week that he had moved much of the Trump business into crypto some time ago. Makes me even more uncomfortable.
Donald says no deals. The tariff numbers will stick. Yet this morning’s news announces Trump and Great Britain are talking. a deal may be around the corner. Of course, the Great Britain tariff was a mere 10 percent.
One of the Trump males, Eric or Donald Jr., said this week those who pursued negotiations first would get the best deals. Those who wait till the end will be hurt. How does this tie in with the President’s words of no deals for anyone?
Millionaires don’t count anymore. One has to be a billionaire to be of concern. What the President is attempting economically will help billionaires. How many even have 401(k)s? Many millionaires still do. The name of the game is to make it possible for the government to cut a huge tax cut for the very rich. Screw everyone else!
There is presently pending a bill before Congress to give the very rich that tax cut Donald promised. One that sounds like it will benefit everyone, but in reality only the very rich. The people got bullshitted again.
At my age and with diminishing funds and who knows what is going to happen to Social Security, I have to consider going into a business again. History a great teacher. I am going to arrange to obtain bushels of apples on a regular basis. Then began selling them on street corners. Like back in the 1930s. A nickel, dime, or quarter a piece? Probably a quarter. I have to eat, to survive.
In a few weeks, Donald has destroyed 80 years of good will and economic success. Other countries must stand up to the U.S. and say no more. They will make deals of all kinds with other nations. It will take years, if at all, for the U.S. to return to the position of power it experienced since the end of World War II.
Is there still time to salvage things? I don’t know.
I will not close with my usual “Enjoy your day!” Rather, it is with TRY to enjoy your day! Significant worry now a part of our everyday mentality.