The trade and economy mega-thread (5 Viewers)

[superchuck500]

Is there a trade deal with China? Is it really a deal or just a pull-back to status quo ante? Is Trump advancing US interests in this well-executed trade battle plan or was this poorly conceived from the start . . . and harmful?

I think the jury's still out, but I haven't seen that the Chinese are offering much in compromise - and it's not even clear if there's going to be an agreement. But it's clear they are working on something and I'm sure Trump will sell it as the greatest trade deal ever. The proof will be in the details.

 

[MT15]

https://www.cnbc.com/2025/02/25/february-consumer-confidence-comes-in-lighter-than-expected-in-latest-sign-of-slowing-economy.html

Biggest drop since August 2021

and thats when inflation started to settle in.

We should all prepare for a recession, at the very least.

 

[efil4]

We should all prepare for a recession, at the very least.

well what you DONT want is recession AND inflation.

That is no bueno. Thats called stagflation and its quite destructive.

 

[MT15]

well what you DONT want is recession AND inflation.

That is no bueno. Thats called stagflation and its quite destructive.

Yeah, I’ve been through it before. It was awful.