• WanderingThoughts@europe.pub
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      11 days ago

      Tech bubble pops, housing bubble pops, tariffs and trade wat causing inflation, leading to devastating depression. Things can go fast.

      • Omgpwnies@lemmy.world
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        11 days ago

        Tech bubbles they’re re-starting the crypto bubble, there’s the AI bubble, the streaming bubble, ads on ads on ads bubble, cloud-all-the-things bubble, the centuries-old “use illegal foreign labour to keep costs low and profits high” bubble… that one isn’t really tech, but it has kept the American economy inflated for quite a while…

        I think the next step is them re-starting sub-prime mortgages

    • tacosanonymous@mander.xyz
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      12 days ago

      “end of his term.” That seems hopeful. Doomerism aside, it seems so far away. It has been the longest 6 months of my life but he really just started his term.

      • jj4211@lemmy.world
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        10 days ago

        Oh his term will end in not too many years one way or another. Dude is a pretty unhealthy 79 year old.

        • UnderpantsWeevil@lemmy.world
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          10 days ago

          People were predicting Trump would die in office of health complications back in 2017.

          These people have the best health care in the world. They have armies of staffers to see to their every whim. Their day-jobs consist of pounding on a desk for an hour or two a day and retreating back to their Government Issued Man Caves to watch FOX News until their eyeballs bleed. They won’t die.

          Hell, Dick Cheney’s still alive and his heart doesn’t even beat anymore.

  • tylerkdurdan@lemmy.world
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    11 days ago

    trump plans to file chapter 11 bankruptcy just like always then we dont have to pay the national debt. checkmate.

      • jj4211@lemmy.world
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        10 days ago

        It might have been true once, I don’t know, but for as long as I’ve been paying attention they have been fiscally irresponsible and have the track record to show for it.

    • UnderpantsWeevil@lemmy.world
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      10 days ago

      The joke is that Democrats say it. Straight back to the Reagan Era, we had Tip O’Neil and Ted Kennedy compromising with these fuckers in order to shave away chunk after chunk of the New Deal / Great Society programs. Carter, Clinton, Obama, and Biden all played Compromiser to the intransigence of ultra-orthodox fiscal conservatives. And each new administration brought with it a new landmine for the American economy to trip over, setting off another ugly recession and new wave of poverty.