Economy

“Why Goldman Sachs now sees a 45% chance of a recession and the Fed coming to the rescue”

“…The investment bank’s economists, led by Jan Hatzius, now see a 45% chance of a US recession in the next twelve months, up from 35% last week. Prior to that call, Goldman had been at a 20% recession probability risk…”… Continue Reading…

Economy

“This Republican senator [Rand Paul] is leading the charge against Trump’s tariffs”

“…Paul has made the case against tariffs to his colleagues in closed-door meetings, according to several senators, where he’s argued that tariffs are a tax that will burden Americans with higher prices. It’s a widely shared belief among Senate Republicans — although… Continue Reading…

Economy

[More Lies]”JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy”

“JPMorgan Chase CEO Jamie Dimon said tariffs announced by President Donald Trump will likely boost prices on both domestic and imported goods, weighing down a U.S. economy that had already been slowing. Dimon addressed the tariff policy in his annual… Continue Reading…

Economy

Nancy Pelosi Talks About Reciprocal Tariffs [1996]

So tariffs were good then but they are bad now? What happened? This is just more proof that congress is full of liars. Remember folks, President Trump used to be a Democrat. Most of his policies have not changed. The… Continue Reading…

Economy

The Jobs are coming. Are Tariffs To Blame For This Too?

“Fewer Americans file for jobless benefits last week as labor market continues to show strength Jobless claim filings fell by 6,000 to 219,000 for the week ending March 29, the Labor Department said Thursday. That’s less than the 226,000 new… Continue Reading…

Economy

“Trump administration puts 25% tariff on all canned beer imports, empty aluminum cans”

“The Trump administration has expanded its tariffs on aluminum to include canned beer imports and empty aluminum cans. President Donald Trump is expected to announce sweeping new levies on imported goods at a Rose Garden event Wednesday. Industry analysts expect… Continue Reading…

Economy

“Trump will ‘buckle under pressure’ if Europe bands together over tariffs, German economy minister says”

““That is what I see, that Donald Trump will buckle under pressure, that he corrects his announcements under pressure,” German economy minister Robert Habeck said Thursday. Elsewhere, outgoing German Chancellor Olaf Scholz said he believed the latest tariff decisions by… Continue Reading…

Economy

[Maximum Fear Mongering] “Trump’s tariffs — if sustained — likely to push the U.S. and globe into recession, says JPMorgan”

https://www.cnbc.com/2025/04/03/trumps-tariffs-if-sustained-likely-to-push-the-us-and-globe-into-recession-says-jpmorgan.html Article behind paywall. Notice the headline “likely”. That’s the key word here. It’s also possible to avoid recession. Legacy media is trying to act like tariffs are the most horrible thing ever. If tariffs are so bad why does… Continue Reading…