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Search results for tag #recession

[?]🇩🇪 🇺🇦 🇨🇦:nonazis: » 🌐
@ManyRoads@mstdn.social

"Live: Iran Revolutionary Guards say they hit US radar and air defence systems in Bahrain and Kuwait"

france24.com/en/middle-east/20

    AodeRelay boosted

    [?]Kim Perales » 🌐
    @KimPerales@toad.social

    "Despite concerns from debt hawks:🚨US govt is continuing to borrow: for the fiscal year of 2026 so far, the fed : totaled just under $1.4T.

    The 1st 9 months of this fiscal year (beg in Oct)🚨have now surpassed the borrowing levels of 2025, when deficits totaled just >$1.3T for the same period.

    At the time of writing, the total US nat sits at $39.4T."

    Why the isn't in a , yet *dangerous & unsustainable.
    's set🔥to everything.

    finance.yahoo.com/economy/poli

      [?]Europe Says » 🌐
      @europesays@pubeurope.com

      europesays.com/3087686/ Fed annual stress test finds banks resilient in severe recession scenario

      Fed annual stress test

      Alt...Fed annual stress test

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        [?]Nonilex » 🌐
        @Nonilex@masto.ai

        rises to a 3-year high on spiking , squeezing Americans financially

        Spiking gas prices pushed inflation to its highest level in 3 years last month, a headache for the & a potential political challenge for the admin as midterm near.


        apnews.com/article/consumer-pr

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          [?]Nonilex » 🌐
          @Nonilex@masto.ai

          Climbing

          in the are rising at the fastest pace in years.

          Officials at the [] have embraced the possibility of higher [& is NOT chairing the board anymore] to get resurgent inflation under control.


          nytimes.com/2026/05/28/busines

            [?]Nonilex » 🌐
            @Nonilex@masto.ai

            Remarks Reveal a [Callous] Out of Touch

            With his generational wealth, his 20-acre Mar-a-Lago estate in Palm Beach, FL, & his lucrative family businesses around the world, Trump has never…[been]…an ordinary American.

            Instead, he has argued that he could use his [bogus] business savvy to help lift up the country’s forgotten men & women.


            nytimes.com/2026/05/17/us/poli

              [?]Nonilex » 🌐
              @Nonilex@masto.ai

              But in recent weeks, as Americans feel deep economic strain from the he launched in , Trump’s actions & words have opened him up to accusations that he is either out of touch with — or indifferent to — the lives of everyday Americans. [why not both?]

                AodeRelay boosted

                [?]Nonilex » 🌐
                @Nonilex@masto.ai

                “Not even a little bit,” said.

                “I don’t think about Americans’ financial situation,” Trump continued, a stunningly frank admission that came after weeks spent either downplaying the conflict’s economic toll or simply asking Americans to be patient. His only consideration, Trump said, was preventing Iran from acquiring a nuclear weapon: “That’s all.”

                  AodeRelay boosted

                  [?]Nonilex » 🌐
                  @Nonilex@masto.ai

                  The court on Thurs ruled against 's ‌latest 10% global , finding across-the-board tariffs were not justified under a 1970s trade .

                  The US Court of International Trade [] ruled in ​favor of that challenged the ⁠tariffs, which took effect on February ​24. The ruling was 2-1, with one ​judge saying it was premature to grant victory to the small business plaintiffs.


                  reuters.com/world/us-trade-cou

                    [?]Nonilex » 🌐
                    @Nonilex@masto.ai

                    in the has upended the , the said Tues, warning in a report that disruptions to markets could slow growth, fuel & raise the possibility of a global .

                    The sober message came after the had largely weathered a , ’s war in & soaring inflation without tipping into a recession. But ’s decision to initiate a war in has stopped the world economy in its tracks.


                    nytimes.com/2026/04/14/busines

                      3 ★ 3 ↺
                      US Politics Channel boosted

                      [?]Anthony » 🌐
                      @abucci@buc.ci

                      Hot take: the AI bubble already burst, and what we're experiencing now is the bailout. "Patriotic tech" is one of the forms it's taking.

                      It seems to me that, as with the still ongoing COVID pandemic that very few recognize as such, the looming asset collapse and economic recession we're living through in the US is not perceived because it's not talked about as such, and therefore might as well not be happening.


                        0 ★ 3 ↺

                        [?]Anthony » 🌐
                        @abucci@buc.ci

                        Looks like Apollo is calling a recession for Summer 2025. The Trump crew is already trying to blame Biden, but that's 100% horseshit. From what I gather this is unlikely to be reversible so brace yourself in whichever ways you can. There are suggestions this one may be worse than 2008.

                        https://www.apolloacademy.com/wp-content/uploads/2025/04/042625-ConsumerandFirms_v2.pdf (see page 4 for a summary of the timeline + expectation)


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