this post was submitted on 15 Oct 2025
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We haven't broken even since "Liberation Day" when you factor in the USD's 11% loss in value against the Euro at the same time

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[–] RoidingOldMan@lemmy.world 25 points 6 months ago (2 children)

Yeah and then in April-May-ish 2026 he drops most/all of the tariffs, creates another vertical spike. Declares the "Biden economy" finally over. With lots of good economy numbers heading into the 2026 election.

[–] wheezy@lemmy.ml 9 points 6 months ago

I really don't think we make it to 2026 before we wish we were a communist country with bread lines. When this shit crashes it's going to be like nothing the west has experienced in a lifetime. Maybe I'm wrong. But our economy is being held together with single ply toilet paper right now.

[–] Rhaedas@fedia.io 9 points 6 months ago (1 children)

I doubt it, damage has been done beyond just costs of things. Bridges have been partially burned. Reputations thrown in the trash.

Yes, but the PR battle is pretty much the only one Trump cares about, and the electorate can't usually remember past 3 weeks ago.