>A growing number of CEOs suspect a market crash is imminent but have been “scared” to say so publicly out of fear of retaliation from President Donald Trump, and on Tuesday, one security expert warned that such a crash may not only be imminent, but “permanent.”
>“If nothing is done about the current situation, Trump’s looming recession could blow a deep hole in the economy,” warned former Homeland Security senior official Miles Taylor in an analysis published Tuesday on his Substack. “So deep that – if it happens before we’re ready – many folks may never be able to crawl back out. That’s because two explosions could hit the U.S. economy at the same time.”
>The first of the “two explosions,” Taylor warned, was the ongoing U.S. war against Iran, a conflict that has already sent prices skyrocketing, both domestically and abroad.
scottiedagolfmachine on
Time to sell some stocks and buy some bonds for the incoming shit storm!
💩 🔥
snower88 on
As long as his family and friends are winning, it doesn’t matter if it’s called recession or depression. Period.
3 Comments
>A growing number of CEOs suspect a market crash is imminent but have been “scared” to say so publicly out of fear of retaliation from President Donald Trump, and on Tuesday, one security expert warned that such a crash may not only be imminent, but “permanent.”
>“If nothing is done about the current situation, Trump’s looming recession could blow a deep hole in the economy,” warned former Homeland Security senior official Miles Taylor in an analysis published Tuesday on his Substack. “So deep that – if it happens before we’re ready – many folks may never be able to crawl back out. That’s because two explosions could hit the U.S. economy at the same time.”
>The first of the “two explosions,” Taylor warned, was the ongoing U.S. war against Iran, a conflict that has already sent prices skyrocketing, both domestically and abroad.
Time to sell some stocks and buy some bonds for the incoming shit storm!
💩 🔥
As long as his family and friends are winning, it doesn’t matter if it’s called recession or depression. Period.