Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

In reply to the discussion: The Crash is Coming [View all]

James48

(4,436 posts)
2. It's closer than you think
Wed May 15, 2019, 07:26 PM
May 2019

This morning Trump’s policy guys backed off tariffs for imported cars, under the fake guise of “national security”. They are delaying imposing those tariffs by six months.

Why did they postpone for six months?


Because data showed April manufacturing production and April retail sales both FELL, when they were forecasted to grow.

It’s started.

The recession is about to hurt big tine.

Give it two months. Three tops. Then the bottom falls out.

The Crash is Coming [View all] citizen blues May 2019 OP
The economy is built on huge levels of debt. guillaumeb May 2019 #1
It's closer than you think James48 May 2019 #2
And if it does, Trump's chances for re-election drop. guillaumeb May 2019 #4
You are so right on. Wellstone ruled May 2019 #3
Latest Discussions»General Discussion»The Crash is Coming»Reply #2