this post was submitted on 17 May 2025
34 points (100.0% liked)

US News

2244 readers
47 users here now

News from within the empire - From a leftist perspective

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] NothingButBits@lemmygrad.ml 5 points 1 month ago (5 children)

The last financial crisis was nearly 20 years ago, so another one is due soon. I still think it's a bit early, and Trump will probably offset it with by lowering interest rates and (probably) printing even more money. Maybe in 2028-2030 is when we get another big crash.

[–] yogthos@lemmygrad.ml 8 points 1 month ago (2 children)

It's hard to predict how far down the road they can kick this can. The erratic policy that Trump pursues could easily trigger a crash any time.

[–] NothingButBits@lemmygrad.ml 6 points 1 month ago (1 children)

I'm not sure they're erratic. He seems to just want to make himself even richer, with market manipulation, then leave the mess for someone else to handle. Probably an incompetent Democratic President.

[–] yogthos@lemmygrad.ml 6 points 1 month ago

These things aren't mutually exclusive. He runs an erratic policy, but him and his cronies also benefit from the chaos they create.

load more comments (2 replies)