Showing posts with label markets. Show all posts
Showing posts with label markets. Show all posts

Wednesday, April 2, 2025

Liberation Day Downturn

Trump did it. 10% tariffs on all foreign imports. 25% on cars. A whole table worth of tariffs that will be ripping through the economy. As a banker, I feel like Ralph Wiggum at the back of the bus. The impact on my job security aside, I see the poverty people are living in. I see elderly people who struggle to pay their bills, or to get the care they need. I see people trudging their way through life, doing the best they can, and trying to make the most out of nothing. These people will suffer. People will starve. The homelessness epidemic will soar. People will die needless deaths of poverty.