TL;DR

Trump’s tariffs equal economic suicide. Higher prices, lost jobs—a disaster for Main Street.

Story

Trump’s trade war: A disaster waiting to happen.

Like a reckless gambler betting the farm, Trump’s tariffs are set to cripple the US economy. Goldman Sachs predicts inflation, stunted growth, and a heightened risk of recession—and they’re being optimistic.

Here’s how it works: Tariffs (taxes on imported goods) increase prices for consumers. Businesses struggle, growth slows, jobs disappear—like a house of cards collapsing.

Think 2008, but with trade as the detonator. Remember Smoot-Hawley in 1930? Tariffs worsened the Great Depression—history repeats itself, folks.

Who gets hurt? You. Your neighbor. The guy flipping burgers. Higher prices on everything from cars to groceries. Retirement savings? Poof.

‣ Inflation: Rising prices across the board. ‣ Recession: Economic downturn. ‣ Stagflation: High inflation + high unemployment.

Lessons learned? There are none. People are greedy, politicians lie, and history is a broken record. Buckle up, buttercup—it’s gonna be a bumpy ride.

Advice

Prepare for the worst. Diversify investments, cut spending—the storm’s coming.

Source

https://www.reddit.com/r/wallstreetbets/comments/1jntxhz/goldman_sachs_sees_trump_tariffs_spiking/