TL;DR

Trump’s policies spark a $90 billion tourism revenue freefall, echoing past financial crises and highlighting the dangers of political hubris.

Story

Trump’s back, and so is financial chaos. Goldman Sachs predicts a $90 billion drop in US tourism revenue by 2025. Like a sinking ship, the economy takes on water as international visitors jump overboard.

How? Trump’s “America First” ‣ “America First”: Trump’s policy prioritizing US interests, often via protectionist trade measures. rhetoric and aggressive policies scare away tourists and trade partners. Think tariffs ‣ Tariffs: Taxes on imported goods. and threats against allies – classic Trump.

The human cost? Lost jobs, businesses shuttering, and retirement dreams turning into nightmares. Remember 2008? This feels eerily similar, only with added political gasoline.

History repeats itself, folks. From the Tulip Mania ‣ Tulip Mania: 17th-century Dutch speculative bubble involving tulip bulbs. to the Dot-com Bust, ‣ Dot-com Bust: Early 2000s crash of internet-based companies. blind faith in charismatic leaders leads to disaster. Trump’s playbook? Promise prosperity, deliver pain.

So, what’s the lesson? Don’t be a sucker. Question everything. Especially politicians promising easy wins. This isn’t a game; it’s your livelihood on the line.

Advice

Skepticism is your financial shield. Don’t fall for empty promises. Research before you leap, especially when charismatic leaders are involved.

Source

https://www.reddit.com/r/stocks/comments/1k07y4h/bloomberg_reporting_that_goldman_sachs_adjusted/