My prediction is probably the darkest and most negative youll read, we are headed for a complete meltdownâŠif these tarriffs are not lifted and there is a continous trade war , entire world markets are going to suffer and as a whole the entire world will fall into the deepest recession we have ever seen âŠmaybe even a depression. These tarriffs are about to unleash extreme unemployment, high inflation and negative GDP growth. Equites will continue to lose trillions of dollars as earnings start to decline, without economic expansion due to heavy tarriffs economies will fall straight into the abyss..
I predict LH to be on permanent slow mode, meme generators to start charging for their service, or even shut down, and last but not least a certain someone getting a gt3 rs at or under MSRP!
This. This is the first downturn of this magnitude that can be completely ended with the stroke of the presidentâs pen. Normally presidents get blamed for economic results largely outside their control. This is not that.
Maybe trump lifts all the tariffs suddenly. The market gains 10% overnight and the group that gets advanced notice of this happening walks away with $500 billion dollars in gains.
What I do know is that people on here arenât particularly good at predicting the economic future. From permanent 10 dollar a gallon gas, to 30% inflation in 2022 to a new equilibrium with OEMs permanently keeping inventory super tight, itâs all been predicted on numerous threads over the last five years. Yet here we are. Unless you have Trumpâs ear you have no idea whatâs gonna happen .
Exactly, I have posted several times that Donald can go live on monday and just say these 2 words âJust Kiddingâ and weâll have the biggest rally, huge.
At this point, even Donald Trump himself canât predict the future. Just because, the US lifts tariffs doesnât mean the rest of the world would. And not mention whether other countries consumers are willing to continue to support American companies. The genie in the bottle has been unleashed. For example, if youâre a patriotic Canadian, would you ever buy a Tesla? We still donât know how the rest of the world will react
How many of these threads are we going to have? Everything that will be said in this thread has been said in the thread before that. And the thread before that. And the thread before that
Super anecdotal evidence, but I donât think China is going to be willing deal anymore. Social Media there is heavily defiant and pushing for a trade war with the US.
Culturally speaking, saving face is far more important in their culture so it would be very surprising if they were to offer to remove the tariffs entirely as oppose to escalating things to a full-on tariff war bring the bilateral trade into a complete halt.
I disagree, theyâve been extremely measured and much more willing to negotiate until recently. While saving face is important, they also plan long term and are relatively immune to day to day politics. The fact is that they basically almost didnât retaliate with the first round at 20 percent. This is the second round of 34% and they refused to talk nor let the Europeans and Canadians take the lead as usual.
