return2ozma@lemmy.world to News@lemmy.world · 5 days agoFear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocksapnews.comexternal-linkmessage-square100fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkFear that Trump tariffs will spark recession wipes out more than $2 trillion in value from US stocksapnews.comreturn2ozma@lemmy.world to News@lemmy.world · 5 days agomessage-square100fedilink
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up0·4 days ago These tariffs are a tax on the working class, which they will gladly pay. When taxes rise consumption falls. The wealthy live off the fat of consumption.
When taxes rise consumption falls. The wealthy live off the fat of consumption.