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bucolic_frolic

(55,892 posts)

1. The Foundation of Consumerism is melting underground

Reply to lostincalifornia (Original post)

Fri Aug 1, 2025, 10:05 AM

Aug 2025

Federal and state workers forced from the labor force. Business uncertain what to do. AI fallout not evident yet because businesses don't want to jettison expertise until profits dictate it. Global trade in rebalance but unclear.

One outcome will be consumers start a lot of home businesses, side gigs, PT remote gigs. But most of those businesses will fail from competition, over the long haul.

How long will markets go up? When will they falter from the impact?

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Johnny2X2X

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Highlight:

So the Labor Secretary is saying the Fed must "jump in" to cut rates [View all] lostincalifornia Aug 2025 OP

The Foundation of Consumerism is melting underground bucolic_frolic Aug 2025 #1

Markets are already faltering.... lastlib Aug 2025 #4

Yes, and another thing is based on posts here and my own personal shopping Mike 03 Aug 2025 #2

Cutting interest rates isn't going to bail out a Trump economy. Ritabert Aug 2025 #3

pretty much verbatim what we (administration) said a month or so back stopdiggin Aug 2025 #5

They're amateurs Johnny2X2X Aug 2025 #6