re: #458 Anymouse 🌹
Dow now down 417.74
There is no business safe from a Donald Trump bankruptcy.
The economics of tariffs went downhill sometime in the 1960s. Trump and whoever told him a steel tariff was a MAKA option have no idea what it would cost to rebuild the US steel industry to replace imports.
So we get a few options - rising cost of cars - rising inflation - rising interest rates - collapse of housing market - collapse of car industry - another recession & as no-one in this administration has any idea as to how to proceed - election of a democrat to get the USA out of the GOP created mess. Two years later, after GOPers tantrums - re-elect GOP congress to do it all again.