FDT: JP Morgan officially project a recession.

[Wild self]

If this impacts the housing market and I can finally afford one, I will vote for Trump in 2028, 2032 and 2036

You need a good paying g job and not get laid off to buy a house first, breh,

Now, I'm hearing economists saying that the permanent unemployment rate being 30% for the foreseeable future

 

[Samori Toure]

They kept trying to tag Biden with a recession tag and he dodged that shyt like a deadbeat dad making child support payments

Trump did it in three months

It ain't even been 3 months. That's the thing. It's been 2 1/2 months. 10 weeks. 74 days.

 

[BK The Great]

I didn’t vote for this fakkit so this is all
On those dumbfukks who did or didn’t vote at all

 

[RickyDiBiase]

I didn’t vote for this fakkit so this is all
On those dumbfukks who did or didn’t vote at all

if my house has to end like some damn Willa Wonka shyt where its 4 able body ass people sleeping in my living room, on my grandfather's grave I'm throwing hands

 

[mson]

You need a good paying g job and not get laid off to buy a house first, breh,

Now, I'm hearing economists saying that the permanent unemployment rate being 30% for the foreseeable future

Better learn how to build submarines.

 

[BK The Great]

if my house has to end like some damn Willa Wonka shyt where its 4 able body ass people sleeping in my living room, on my grandfather's grave I'm throwing hands

I don’t know what to tell you, things are looking unpredictable now. We’ll see what next week brings with these markets.

 

[Cryptocurrency Scarface]

Bu bu but the economy Trump is great for the economy

 

[the bossman]

The American Age Is Over

Emergency Triad: The United States commits imperial suicide.

www.thebulwark.com

yo this was a painful read. but he's probably right

 

[jaydawg08]

People at work were taking about how their 401k took a big hit.

I’m not even gonna look at mine, gonna be too depressing

 

[Bone Bender]

You need a good paying g job and not get laid off to buy a house first, breh,

Now, I'm hearing economists saying that the permanent unemployment rate being 30% for the foreseeable future

Is this how UBI will become a thing?

 

[Thurgood Thurston III]

Well, Cath Lab traffic will be steady with all the heart attacks that are sure to happen over the next few months

I'm praying that it'll be Trump supporters

 

[At30wecashout]

Is this how UBI will become a thing?

Only if we have a universal collapse that can't be denied. Its one thing when people believe changes to how the country fundamentally works is some "socialist" power grab, its another when people experience years of unending poverty and no way to get out of it that can't be fixed simply by traveling to another city or state. America set itself on a course for progressivism if Trump and billionaires do this the "right way."

"My taxes" today turns into "my livelyhood" tomorrow if their ideology doesn't save them from eating ever more expensive cat food to supplement real food.

 

[Mister Terrific]

 

[HabitualChiller]

Russia's military is one of the best in the world. It had America scared for over 50 years. The world's largest nuke was detonated by Russia, russians were ahead in rocket technology which scared the shyt out of our leaders because they knew that meant they'd beat us to ICBM tech and be able to bomb an American city without needing planes or aircraft carriers.

But now look at what has become of Russia. The country that once could march or threaten american military dominance was getting that work from a smaller country (ukraine). Having a powerful military doesn't mean much when you're not investing in the things that make it the best(technology, the health of the population so the average soldier is younger and more fit)

This is a national security issue as well. If China and Europe are investing heavily in education and producing scientists, recruiting american scientists and focusing on eliminating mental illness, drug addiction, chronic disease, etc. They'll have a younger fighting force with more sophisticated technology within the next 20-30 years.

Europe rearming means they are investing in their local arms manufacturers which means JOBS for europeans. They're going to get their people to work. Its part of the reason America got out of the depression in the 1930s. They focused on getting every adult man and woman to work doing *something* and getting paid for it.

The way out of this is a second new deal. Return the marginal tax rate and claw back the trillions that billionaires have been hoarding and reinvest it in a federal jobs program to get people back to work. Go crazy with fines to make sure any corporation engaging in wage theft, fraud, monopoly like activity or price gouging is fined then use that revenue to fund Healthcare and make Americans healthy again. Take the billions in subsidies that were going to morons like elon musk and create a federal college network. At least one federal college in each state. 100-1000 dollars(max) per year for tuition. Nationalize banks that recklessly gamble, nationalize airlines that are run like shyt. Create a government subsidy for independent journalism based off if they fact check, verify sources and have a union or co-op organizational structure to weaken the chokehold that the profit incentive has on news.

We are talking about an overhaul here. I believe Trump will create conditions so bad that the only way to fix things is to take dramatic action like we did in the 30s. The problem is the morons who are alligned with trump who will oppose all of the above. They're 77 million strong. I dont know what can be done with them other than using them as cannon fodder in a war or forcing them to accept education and training before getting a job.

Afterwards, take guns away from Americans. If what we're seeing goes through and America is ruined, then the 2nd amendment is obviously worthless.

 

[Nkrumah Was Right]

The US is the strongest Military force the world has ever seen, no other country has a fukking chance.

Defeat the Vietnamese, the Taliban, and the conquer Yemen and I’d believe you