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turbinetree

(27,559 posts)
Sat May 3, 2025, 09:15 PM May 2025

'Won't be pretty': Mark Cuban reveals who he thinks will be 'hit worst' by slowing economy

By David McAfee
Published May 3, 2025 8:43 PM ET

Billionaire Mark Cuban on Saturday revealed who he believes will be hit the hardest if the economy takes a turn for the worse due to Donald Trump's trade policies.

Trump's on-and-off-again tariffs have created uncertainty in the market, and some experts have warned that a recession could be coming next.

Cuban took to social media over the weekend to predict what that might look like.

https://www.rawstory.com/mark-cuban-recession-economic-trump/

-snip-

"The difference is in the past the gov would spend money to help them get through it," Cuban then replied. "That won't happen these days.

11 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
'Won't be pretty': Mark Cuban reveals who he thinks will be 'hit worst' by slowing economy (Original Post) turbinetree May 2025 OP
Poor folks in red states will be hit the worst... FAFO time for MAGA. nt Blasphemer May 2025 #1
They'll just blame Joe Biden. Aristus May 2025 #5
The markets are doing fine NT Tickle May 2025 #2
True, but the shortages haven't hit yet. Qutzupalotl May 2025 #3
In spite of all the hype, gloom and doom the market is doing doc03 May 2025 #4
It's only May. LisaM May 2025 #7
I read somewhere today that slightlv May 2025 #8
It's not doing well. S&P is below flat for the year. spooky3 May 2025 #10
"The Market" is not the economy. n/t Tansy_Gold May 2025 #11
K&R spanone May 2025 #6
I love the quoted reply in the article jgmiller May 2025 #9

Aristus

(72,193 posts)
5. They'll just blame Joe Biden.
Sat May 3, 2025, 10:18 PM
May 2025

Let’s not make the mistake of crediting these people with the ability to think.

Qutzupalotl

(15,825 posts)
3. True, but the shortages haven't hit yet.
Sat May 3, 2025, 10:11 PM
May 2025

We don't know how long they will last, but I think it depends on how stubborn and pigheaded Trump is. I'm guessing a long time.

doc03

(39,087 posts)
4. In spite of all the hype, gloom and doom the market is doing
Sat May 3, 2025, 10:16 PM
May 2025

surprisingly well IMO. What we are seeing now is just your routine correction so far, nothing like
the Bush great recession.

slightlv

(7,790 posts)
8. I read somewhere today that
Sat May 3, 2025, 11:17 PM
May 2025

it'll be the end of June/into July when it's really going to start hitting us... with massive shortages and rising prices.

spooky3

(38,635 posts)
10. It's not doing well. S&P is below flat for the year.
Sat May 3, 2025, 11:41 PM
May 2025

Last edited Sun May 4, 2025, 02:31 PM - Edit history (1)

In normal years, it would be nearing 4-5% up for the year at this point. The only reason it partially recovered is that TSF pulled back on his tariff threats, temporarily. But businesses are finding it impossible to plan.

If TSF had done nothing in the first place, the economy would have continued humming along as it did under Biden.

jgmiller

(689 posts)
9. I love the quoted reply in the article
Sat May 3, 2025, 11:23 PM
May 2025

from the guy that says it's nothing new and they are used to it but at least it won't be like under Biden where all they talked about was how high stock prices were.

He's right now the adminstration will tell them that they deserve this because they don't work hard enough and they need to have some pain so they billionaires can fix the economy.

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