return2ozma@lemmy.world to News@lemmy.world · 12 days agoTrump tariffs 'will increase the unemployment rate to recessionary levels,' says economistwww.cnbc.comexternal-linkmessage-square45fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkTrump tariffs 'will increase the unemployment rate to recessionary levels,' says economistwww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 12 days agomessage-square45fedilink
minus-squareqprimed@lemmy.mllinkfedilinkEnglisharrow-up0·12 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.