TL;DR
Trump’s trade war triggers market mayhem, echoing past financial crises. Your retirement fund is probably crying right now.
Story
Another day, another dip on Wall Street. Powell says growth is slowing? No kidding. This isn’t rocket science, folks. When you slap tariffs that high on goods, the economy takes a hit. Inflation rises, growth slows—it’s like clockwork. Remember 2008? Subprime mortgages, bundled up and sold as safe investments? This tariff war feels eerily similar. A house of cards built on bad policy, waiting to collapse. Trump’s trade war is a ticking time bomb. The market’s a bloodbath, and Main Street will soon feel the pain. Retirement accounts dwindling, jobs disappearing—it’s a grim picture. Remember Enron? WorldCom? History repeats itself. Don’t be surprised when the chickens come home to roost.
‣ Tariffs: Taxes on imported goods. Like adding a “stupid tax” that everyone ends up paying.
‣ Inflation: When everything gets more expensive. Your dollar buys less, and your savings vanish like smoke.
‣ Recession: A period of economic decline. Jobs lost, businesses closing—the party’s over, and the hangover is brutal.
Advice
Diversify your investments. Don’t put all your eggs in one basket—especially when that basket is woven from tariffs and bad policy.
Source
https://www.reddit.com/r/stocks/comments/1k0rvz4/wall_street_extends_drop_as_powell_says_growth/