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Doodley

(10,748 posts)

29. I don't think a switch can be flicked to turn off tariffs and the market rebounds. The cliche about America's impact

Reply to Jit423 (Original post)

Thu Apr 3, 2025, 11:29 AM

Apr 3

on the global economy is America sneezes and the rest of the world gets a cold. These tariffs will cause a global downturn that will be very difficult to turn around.

We have become a Pariah state, with an unpredictable leader who starts a trade war, puts on a strongman act, is openly against diversity, puts two fingers up to other nations, sides with Russia and threatens world peace with talk of expanding to other territories. People don't like that. Leaders internationally don't like that. We will lose a lot of international trade. To some extent, people and businesses will choose other nations to trade with.

Our relationships are already damaged. Trust in America is damaged. Worldwide, people will not want to visit America. In the midst of all that and a recession, you can't flick a switch and suddenly stocks surge. And that isn't even including the impact of Doge, the increased debt, and the Trump tax cuts for the wealthiest.

In addition, Trump has been talking about tariffs, and saying other nations are ripping off America, since the 1980s. He's a simpleton, surrounded by yes-men, and he is convinced he is right.

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Will one DUer out there please tell me I am wrong. [View all] Jit423 Apr 3 OP

The fact that Elon's car company gets the biggest advantage is mere coincidence Walleye Apr 3 #1

And not just that but consider BumRushDaShow Apr 3 #6

This is corruption on a scale that is inconceivable to most Americans, part of the problem Walleye Apr 3 #8

I remember seeing early reports BumRushDaShow Apr 3 #12

I watched the entire Watergate/Nixon corruption unfold in 1972-1974 Bengus81 Apr 3 #24

"...there will be rules written in Congress..." Wednesdays Apr 3 #26

He has already replaced the Verizon internet in the White House with Starlink. Lonestarblue Apr 3 #11

Yup BumRushDaShow Apr 3 #13

I hope the MAGAt voters are getting everything from tRump they were promised. SammyWinstonJack Apr 3 #2

Hey! Trump promised stupid and he's delivering! Ray Bruns Apr 3 #5

"Tariffs won't last that long" -- don't fool yourself. tRump is very committed to tariff taxes. . . . . nt Bernardo de La Paz Apr 3 #3

Тяцмp Is committed to Тяцмp. He ... Whiskeytide Apr 3 #14

tRump is committed to tRump, which is why he is so committed to tariff taxes Bernardo de La Paz Apr 3 #15

This is somewhat reassuring as EVERYTHING is about him and self enrichment . Always has been vapor2 Apr 3 #31

I share your working theory jmbar2 Apr 3 #4

They think that crypto currency is going to keep their wealth Blue Full Moon Apr 3 #7

Until China finds a way to erase the 01010101s And believe me, they will. nt Jit423 Apr 3 #16

I agree. I think that Musk and others will make hundreds of billions from crypto. Doodley Apr 3 #30

I Do Not Know That 100 Days Is The Limit Of Our Ongoing Survival MayReasonRule Apr 3 #9

They want to keep American workers down, desperate, afraid, angry, and unedeucated IronLionZion Apr 3 #10

Judging from the past 10 years that is an easy task. nt Jit423 Apr 3 #17

"America will be wealthier thanks to him" William Seger Apr 3 #18

I'm sure this has been planned for years, but we underestimated the right & the maga cult as being a bunch elocs Apr 3 #19

The Founding Fathers never envisioned an entire major political party Wednesdays Apr 3 #28

The really sad part is... GiqueCee Apr 3 #20

Whether premeditated or not, the outcome will be as you described mdbl Apr 3 #21

You are wrong*... hlthe2b Apr 3 #22

Kitties for me. Sky Jewels Apr 3 #27

STill taking orders from Putin -- Russia and its closest allies are not on the list JT45242 Apr 3 #23

I think you are right and fear that it will be even far worse - like we don't get a vote because we are Democrats. lark Apr 3 #25

I don't think a switch can be flicked to turn off tariffs and the market rebounds. The cliche about America's impact Doodley Apr 3 #29

Trump thinks he can play General Zod... AntiFascist Apr 3 #32

I wonder if some of the insiders dumped stocks last week ThoughtCriminal Apr 4 #33

The P25 agenda is death penalty stuff. valleyrogue Apr 4 #34

People who are afraid are more easily controlled and manipulated Kaleva Apr 4 #35