• kn0wmad1c@programming.dev
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    18 days ago

    And, look, I’m not a hedge analyst or an economist, but even I can see that the comedown from the tariffs is going to have a huge negative impact on the stock market.

    So, genuine question here, if this recession comes along with the stock market dip, will that cause a spiral that leads to another great depression?

    • pelespirit@sh.itjust.worksM
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      18 days ago

      Maybe? I do know that Elon is going after the agency that runs the FDIC. The FDIC insures the bank’s money. I don’t see how they don’t see how shitty this is going to be for all of them too. It’s insane.