return2ozma@lemmy.world to News@lemmy.world · 17 days agoTrump tariffs 'will increase the unemployment rate to recessionary levels,' says economistwww.cnbc.comexternal-linkmessage-square47fedilinkarrow-up10arrow-down10cross-posted to: [email protected]
arrow-up10arrow-down1external-linkTrump tariffs 'will increase the unemployment rate to recessionary levels,' says economistwww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 17 days agomessage-square47fedilinkcross-posted to: [email protected]
minus-squareqprimed@lemmy.mllinkfedilinkEnglisharrow-up0·17 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.