All things considered, it has only been about 3 months since Trump took office, I feel like there is absolutely no way that this was just a single craze and from here things will even out.

I feel like until 2028 (or maybe 2026?) S&P 500 is going to look like a roller coaster.

What do you think?

  • Omega@discuss.online
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    16 days ago

    any economics student could have expected this, even the fact a president can put tariffs to a such incredibly high values shows that it’s essentially a fascist state already, somehow USA in three elections managed to become as bad as Hungary, Turkey and Egypt

    • MTK@lemmy.worldOP
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      16 days ago

      Not an economics student, but sounds like an important subject these days huh?

      • Omega@discuss.online
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        16 days ago

        I thought high school economics was a mandatory class? Maybe not with how many people don’t know about tariffs…

        • MTK@lemmy.worldOP
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          16 days ago

          Is it mandatory? I don’t recall.

          I definitely never was in an economics class.

        • Anti_Iridium@lemmy.world
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          16 days ago

          It is in Michigan. However, I know someone who left michigan as average student was placed in advanced classes in Florida.

          In America™, not all education is created equally.

    • jacksilver@lemmy.world
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      16 days ago

      I don’t think anyone expected almost blowing up the bond market. Why do you think it should’ve been obvious he’d tarrifs the world+allies?