TL;DR

Trump admits his tariffs risk a recession but aims to avoid a depression. It’s like choosing between a punch and a kick—a lose-lose scenario with historical parallels (1930s, 2008) that spells trouble.

Story

Trump’s tariff tango is a recession rhumba waiting to happen. He admits it might tank the economy, but hey, at least it won’t be a full-blown depression, right? Like choosing between a punch in the gut and a kick to the teeth.

This isn’t financial wizardry; it’s playing with fire. Tariffs are essentially taxes on imported goods, making everything more expensive. Remember the trade wars of the 1930s? They didn’t end well. ‣ Tariff: Taxes on imports, often used to protect domestic industries (or start trade wars). Higher prices hit consumers, businesses struggle, and markets tumble—like a house of cards collapsing under a gust of bad policy.

People are already panicking, portfolios are shrinking, and retirement dreams are going up in smoke—just like in 2008. Some are clinging to hope, waiting for a magical Trump tweet to boost the markets. ‣ Portfolio: A collection of investments (stocks, bonds, etc.).

History repeats itself, first as tragedy, then as farce. This feels like both. The damage is done, the volatility is here to stay, and we’re all stuck in this chaotic dance. Don’t expect a happy ending. This is less a waltz and more a death spiral.

Remember Enron? The energy giant built on lies that crumbled overnight? This tariff game has a similar scent. ‣ Enron: An energy company that collapsed due to accounting fraud in 2001. It’s a gamble, and the odds are stacked against the average Joe.

Trump’s trade war is a ticking time bomb, and we’re all strapped to it. Buckle up, buttercup. It’s going to be a bumpy ride.

Advice

Diversify your investments. Don’t put all your eggs in one basket, especially when a trade war is brewing. Cash is king, especially when the market is a casino.

Source

https://www.reddit.com/r/stocks/comments/1jvzaov/trump_says_he_wants_to_avoid_a_depression/