Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

SWBTATTReg

(26,021 posts)
2. The tRUMP recession is well on its way. Prepare. Keep, if you can, cash on hand (safely hidden/protected), pay off
Tue Mar 25, 2025, 04:16 PM
Mar 2025

discretionary bills if you can, reduce your exposure to payments that depend on monthly interest rates, which will probably go through the roof, being that the Fed is still insisting on tightening interest rates to fight interest rates, which is a good thing. If tRUMP had his way, he would have seized the Fed Reserve and made them print untold trillions of dollars to reduce the deficit (this action would instead make our dollars' worth very little). Also, our trading partners have dumped US Treasuries by the untold $billions. Who's going to buy our debt now?

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»Consumer confidence in wh...»Reply #2