r/WallStreetbetsELITE 13h ago

Discussion Usa Is Most Likely Heading For A Recession

You can choose to ignore what I say, but this is purely my opinion. The US markets are headed towards a death spiral. Historically, every time markets have gone down, they've eventually come back up. Why? Because the US is the world's number one economy, and nearly every global product and service is connected in some way to a US multinational that typically offers a superior experience.

But here's what's going to happen now: the rest of the world will simply stop trading and investing with the US and will instead begin forming Free Trade Agreements (FTAs) with each other. They'll reduce their reliance on US goods, both for domestic companies and ordinary citizens, which will lead to less dependency on the dollar. As a result, the dollar’s value will decline significantly.

US companies' profits will tank, employees will earn less, and people will pay higher prices for goods due to tariffs on imports and exports. With reduced disposable income, spending on discretionary items will drop sharply, causing businesses to suffer even more during a recession intensified by tariffs.

Put simply, you can bully a couple of people in class and still remain popular, but when you bully everyone, you're going to get smacked hard.

The only way to avoid this scenario is if Trump faces immense pressure either from powerful corporate entities or his own cabinet to remove all tariffs, and this could potentially happen within the next few weeks. If his current policy continues for years, it could mark the end of US global dominance for a very long time. There would be no bounce back scenario. Instead, you'd see S&P 500 returns resembling the FTSE’s performance, which has only yielded around a 5% total return over the past six years.

323 Upvotes

122 comments sorted by

125

u/toxiccortex 13h ago

They had to own the libs ya know

26

u/BenySpaghetty 12h ago

My 401k has some left-leaning tendencies. Glad to see it's getting reamed. 🙏

20

u/Rare_Cause_1735 9h ago

Was it a diversified portfolio, because apparently everything with diversity must be destroyed to own the libs

4

u/Vanhouzer 3h ago

Too much Winning!

12

u/Bushwhacker42 9h ago

Funny, here in Canada, we were about to get a conservative government. The cons weren’t even trying, just “axe the tax” and F*** Trudeau as their platform. I’m pretty central and was on board, we need change.

Thanks to Trump, we are having our election at the end of the month. The last few weeks we have had the biggest swing of support in history. We now have a former Bank of Canada and Bank of England guy (don’t know the title), a guy whose financial background isn’t being the greatest at declaring bankruptcy, as PM.

Yup, Libs getting owned up here lmao. For the sake of the globe, I hope the US is mature enough to understand that the average American is too stupid to have control of nukes and the free world. For your own safety, please, spend less on guns and put that money towards education. As global leaders, the biggest contribution America has made to the world is the giant island of garbage floating in the pacific.

3

u/GlamouredGo 5h ago

We definitely need to spend a lot more on education. It was so sad and actually scary during Covid reading on social media about people had little understanding of science and scientific process. Problem is we don’t have enough money. When they’re in control like 🥭1st, they reduced tax for the wealthy instead of making sure they paid their fair share of taxes.

1

u/exlongh0rn 1h ago

Why is this happening in America now?

Demographic trends show steady growth in ethnic minority populations…many of whom have historically leaned Democratic. That creates a long-term challenge for conservatives and the Republican Party, which has relied more on white, rural, and religious voters.

For some factions within that coalition…particularly Christian nationalists and others motivated by single-issue politics around abortion, gun rights, religious freedom, or LGBTQ+ issues…this shift is seen as an existential threat. In some cases, it’s tied to openly racist or nativist ideologies.

That’s why immigration becomes such a flashpoint…it accelerates the demographic trend. That’s why voter suppression and gerrymandering are so persistent…they’re tools to resist that shift.

And that’s why a strong executive isn’t feared by conservatives…it’s embraced. Because in the face of a long-term political disadvantage, concentrated power becomes a survival strategy.

If we keep watching only the market reaction or wonder how the economy will respond, we’ll miss the real transformation…happening right in front of us. This is a culture and demographic war in the US and unfortunately at the moment the conservative minority is winning and is going for broke.

10

u/MilitantlyWokePatrio 13h ago

Is own the libs just a coded phrase for their true desire of wanting to enslave black people? Cause as a white liberal, I've never felt "owned" by these traitors but I can think of a group of our allies, AMERICANS, that would DEFINITELY be much more sensitive to phrasing like that, and writing this out, I wouldn't doubt those bottom feeding scum do it on purpose to target black Americans.

Anyways, I digress.

18

u/toxiccortex 13h ago

No, it’s a stupid metaphor that focuses on offending American liberals in order to appear dominant. Basically typical anti intellectual bullshit from the right

9

u/Handsaretide 12h ago

This. It’s a small man’s answer to feeling inadequate, and most Trump voters can’t take the pain of knowing their life is bad because they didn’t do enough to make it good.

Trump comes along and says it’s all okay, it’s the fault of all the happy looking people - and together we’ll bully them to our miserable level.

2

u/MilitantlyWokePatrio 12h ago

I definitely see that as a part of it, but after writing that last comment, I'm now almost positive that is also an aspect of it. If not originally by intent (though if you look into how INTENTIONAL they went about developing the n word I wouldn't doubt it was fully INTENTIONAL), then certainly as a gleeful addition after.

But in any case, it's clearly meant to attack ALL Americans who care about the country, as their actions plainly now show.

2

u/toxiccortex 11h ago

Well, I have no reason to believe that it doesn’t mean the affirmation to certain conservative/Republicans as well. Either way, it’s simplistic, stupid and extraordinarily immature.

2

u/lefnire 8h ago

You give too much credit to even their subconscious

1

u/peterinjapan 4h ago

Something something “mounting.”

2

u/BenySpaghetty 12h ago

Wait, what? Nothing to do with black people. If you were to draw a liberal stereotype, it would be some slightly effeminate skinny white guy with piercings and a Prius.

1

u/notedrive 9h ago

Definitely owned them… but at what cost?

4

u/FreakinGeese 9h ago

9 trillion so far

46

u/sacklunchbaby 13h ago

Wait till next week when everyday, in turn, the other nations start posting their tariffs.

26

u/bowmanvillephil 10h ago

It's not only retaliatory tariffs, it is their citizens activity avoiding US products.

As a Canadian, we no longer view the US as a friendly place to do business. Enmass we are changing our economic habits to avoid US products and companies. This is not a flash in the pan or knee jerk reaction. It a calculated effort. It is a wholesale lifestyle change. Other nations are doing the same.

We see what the next 4 years, maybe 8 if the orange messiah changes your constitution, holds. I understand that 2/3 didn't vote for this, nevertheless you have to live the ramifications regardless.

I regret it has come to this. I empathize with your plight. I miss the old world.

Good luck.

2

u/ub3rm3nsch 10h ago

Respectfully, Canadians have been making condescending comments about Americans long before Trump and the current trade wars. I think Trump (as much as I hate him) just made it easy for the latent anti-Americanism in Canada to become more manifest.

15

u/osay77 10h ago

There’s a difference between being annoyed at your brother and having a blood feud and recent actions have tilted relations towards the latter

6

u/bowmanvillephil 10h ago

There is always going to be a small voice that is in opposition to the beliefs of the masses. As a whole, we valued our former relationship. Did you expect all 40 million to bow down and tell you how great you are? Is there not not dissenting voice in your own country?

Let me remind you that every time the US has entered a conflict, Canada and Canadians have been there. We've shed blood for you.

2

u/intheyear3001 9h ago

Small tweak, but I would change “for” to “with” in your last sentence. Sorry your big bro down south has gone full retard. Hopefully we can change our ways. I hate using that R word but that’s what we’ve done. All 27% that voted for Dumpy and the rest who sat out.

1

u/spsteve 1h ago

No. For is correct. Canada had no internal desire to be in Afghanistan. That was FOR America. Canada was there because an ally asked them to be.

3

u/Emma_232 9h ago

Most of the condescending remarks I've heard from Canadians were about things like your expensive health care or love of guns. That does not equate with anti-Americanism. Canadians still loved to buy American products and travel to America.

It is Trump's threats to our sovereignty and economy, and betrayal of our friendship that has turned Canadians against the U.S., at least against the current government.

1

u/SnooPaintings3122 3h ago

Condescending comments?? Aren't you the ones calling everyone snowflakes for offended feelings? We still had CUSMA with you guys one of the most beneficial trade agreement on the planet, I would've thought that was enough to show friendship. lol ''you hurt my feelings'' give me a break

1

u/angry_manatee 1h ago

Our opinion of America has been trending negative (along with the rest of the world) for decades. You act like it’s for no reason, though, but it was a direct response to stuff like the war on terror, which Canadians showed up for and died for. Also just a general response to the constant low-level condescension Americans have shown towards us and the rest of the world forever. We’re fed up and sick of all the narcissistic BS. You earned your bad rep, we haven’t just been secretly seething over here for no reason. We only became openly hostile when y’all started threatening a hostile takeover of our sovereign country.

1

u/sepperpepper1974 6h ago

This! I miss the old world , too ! America was the place of my dreams, and I live in one of the richest countries in Europe.

We admired your universities, science, nature, diversity, and the way you do business, great companies. Endless possibilities. Tbh really the only thing that I could not understand were your gun laws and harm they were causing…..

Now everything mentioned above is attacked. I just can‘t get it….

1

u/Coconuthangover 8h ago

If you think this is bad, wait until every day, countries form new trade relationships the excludes the US.

20

u/tychaiitea 12h ago

Most definitely. We’re probably already in it.

6

u/cpapp22 10h ago

Again I agree the outlook is certainly looking that way, but you can’t say we’re in a recession until it’s had two consecutive quarters with negative GDP. A recession needs to be a prolonged period of time - even if this does pan out and turn out to be a recession, it’s just wrong to say that we’re already in one when ATH was a little over 1 month ago

0

u/Jamickeymick 8h ago

That’s not even true anymore. 2 consecutive quarters negative. I don’t think these people have a clue what they’re doing. We had 3 consecutive negative quarters recently with Biden. They make up stuff as they go to panic people. You panic you do stupid things and the rich come in and buy it up. If anything people should be pissed with the congressman and government that pissed away trillions trying to brainwash people with the same message of unity joy and transgenders are more important to them than you. They tried to replace us with illegals to keep themselves running the train on the American people. Look at Europe. All of Africa now lives in Europe replacing culture and history with fat pockets of cash for rich people.

1

u/TMudin 1h ago

Sorry to tell ya buddy, but your racist and xenophobic comments won't make the US economy work.

Look at Europe. All of Africa now lives in Europe replacing culture and history with fat pockets of cash for rich people.

Besides the obvious racism, the only government with a billionaire working for it is the USA. Dude, this whole "the elite is work" doesn't work anymore. Trump is actively working for (and working with!) the billionaires. Economic inequality is far greater (and will grow even more) in the USA rather than in Europe.

11

u/Ok_Animal_2709 13h ago

I just hope it's only a recession and not worse

3

u/whiplash81 6h ago

This'll be like Brexit but on steroids.

17

u/MilitantlyWokePatrio 13h ago

Not an opinion bro, it's a fact. You are spot on. I'd even say depression, but there's a lot of room in recession so I won't go that far, but yeah, this is REALLY cataclysmic economically, particularly for how speculative our markets were and still are.

14

u/Hamlerhead 11h ago

I dunno. It's only been two days but I feel like the Republican party is gonna lose patience even faster than MAGA. Even on Fox News (which I watch because I'm a glutton for punishment) the talking heads are starting to rub their foreheads. The whole point of tariffs is for smaller economies to protect themselves. For the love of Christ, we are the United States of the Empire of America! Why the fuck would we stoop to be level with the likes of Cambodia? It makes no sense.

Also, everything's computer.

8

u/Artistic-Banana734 10h ago

We literally ran the world. MAGA saying countries are taking advantage of us. Fine — China? Sure. Vietnam? Maybe? Mexico? Maybe?

Australia? Canada? European Union? JAPAN?! Absolutely fucking NOT.

6

u/legshampoo 8h ago

and even if they are, we still ran the world so who fucking cares the relationship is working out in our favor

4

u/team_ti 9h ago

Disagree. Trump's approval is still high

This is why the US is fucked. Even on fundamental truths eg tariffs are bad, the Earth isn't flat, there will be disagreement among Americans so much so that coordinated action necessary to remedy this colossal loss of confidence is impossible.

And there is zero consensus support in any US institutions. The kind of support also necessary to guide the US away from the precipice.

Thoughts and prayers

7

u/darkfox12 12h ago

Depression. This is actually horrifying how bad it is

6

u/_nanite_ 12h ago

Who the hell is Usa?

6

u/Carrera_996 10h ago

I knew an Austrian woman named Ute. I think Usa is her sister.

1

u/Educational-Ad-7278 6h ago

Usa is short for Ursel

7

u/jbutler60 13h ago

Unfortunately, what makes everyone mad as it’s 1000% avoidable and caused by one individual acting as our dictator, senate and house should be involved with this level of decision. Wish they had the balls to standup, tariffs are not the solution

4

u/assman69x 10h ago

Not much sympathy for the US or Trump voters

1

u/team_ti 9h ago

Zero

3

u/Henshin-hero 11h ago

At 42 all I have to look forward to is shit.

2

u/SuspiciousSnotling 13h ago

They won’t, they will change the definition of the word and therefore avoid it XD

2

u/sha1dy 12h ago

100%

2

u/MrAwesomeTG 12h ago

We've been in one. Cloak and Dagger.

2

u/sereneandeternal 11h ago

But her laugh!!

At this rate it will probably be a depression

2

u/cool-beans-yeah 11h ago

More like the world is heading for one, as countries are reciprocating.

2

u/watch-nerd 10h ago

Lawsuits have already started:

https://www.politico.com/news/2025/04/04/first-lawsuit-filed-against-trumps-tariffs-00273646

As for stock returns:

I hold VT (global stock index), so I'm already used to getting the global average.

2

u/tinymeatsnack 10h ago

We are in the recession now

2

u/Active-Tale 10h ago

Where I live it is bad

1

u/cpapp22 10h ago

No, we’re not (yet). A recession is accepted to be two consecutive quarters with negative GDP. It needs to be prolonged, and we just aren’t there….. yet anyway

2

u/Radrezzz 9h ago

Last time we had that they said it didn’t count because unemployment was low…

1

u/tinymeatsnack 9h ago

Yes, but when you define it as a “recession” by those standards you are reflecting. To say we are currently in one is accurate because this will be what we look back on and call a recession.

1

u/cpapp22 9h ago

No, it’s not. It’s just the literal threshold used

1

u/tinymeatsnack 9h ago

I get the definition. I just think it’s stupid to be two quarters behind the 8 ball to call it what it is

2

u/cpapp22 9h ago

Fair

2

u/shivaswrath 10h ago

It's Brexit.

Yes.

3 years later we will have no leverage to renegotiate FTAs.

Next congress will have to eliminate the threat of EO driven tarrifs for anyone to trust us again.

F him and his goons.

2

u/MashedPotatoesDick 10h ago

When they say Make America Great Again, the "Great" is used the same way as the Great Depression.

2

u/Choopster 6h ago

No shit... Have you also recently discovered that the sky is blue and fire is hot?

2

u/johnlambshead 2h ago

From my English perspective, important as it is, Americans focus too much on the economic angle at the expense of the political. America has dominated the Western World because it was the only first world economy not trashed by the German wars: Britain emerged from the Napoleonic wars similarly. That dominance continued through political leadership, soft power. The smaller first world nations found the USA an agreeable hegonomist. You never meddled with our internal politics and we got economic and military security in return for loyalty. We followed your political line in international matters and contributed forces to your wars.

Now, I hear nothing but screaming abuse from American politicians sneering at us for being part of the American hegonomy. You have declared economic war on us and threatened military attacks against us. We are apparently your enemies and Russia is your new ally.

This is damage that cannot be removed by changing a few trading rules back to parity. The trust is gone and it will take generations to revive if ever.

In a few weeks, Trump has destroyed something that took decades to create.

1

u/TMudin 1h ago

Yeah, a lot of Americans did not notice that Trump's foreign policy is as dangerous, maybe even more dangerous, than his economic policies

Europe does not depend on US security anymore, they can (and will) pursue a more independent foreign policy from now on. There's no going back.

3

u/mogambuu 13h ago

you know bottom is in sight when total gloom and doom messages start to show up

4

u/Fuckmobile42 11h ago

Eh, I think we still have a week or 2.

1

u/pixdam 1h ago

Give the rest of world a week to react, then we see

2

u/irlmmr 11h ago

I think these comments make me think bottom isn’t in yet

1

u/ErrorcMix 10h ago

I think we are going to hit high 400s then probably flat for a while then maybe a relief rally?

3

u/Artistic-Banana734 10h ago

We don’t even know what the response will be yet. Australia was a MAJOR trading partner with a FREE TRADE AGREEMENT and a SURPLUS. And they got 10% tariffs.

1

u/Aromatic_Theme2085 12h ago

Offers a typical superior experience like what? Other than software and rockets I don’t see how other stuff are superior. Phone? Lol

1

u/Lord_Vesuvius2020 10h ago

When you think about the consequences of the Trump administration’s actions since January 20 you also realize that there’s no “reset” possible. The damage cannot be un-done except perhaps many years from now. I am not even sure when turning the corner is possible. And what makes it worse is that the tariff policy grift has only begun. Trump will entertain “phenomenal offers” from tariff countries. He can jerk the market around at will. All of us will have to figure out if there is any way we can keep investing in the US market and actually make money. Your comparison of the future S&P v the FTSE is exactly right. And there could be more grift-related “carve outs” for US businesses that agree to bend the knee. Right now it would seem that the opportunities will be there but only internationally.

1

u/KeyInvestigator3741 10h ago

We need to crash the dollar and bring back manufacturing jobs so we can compete with Cambodia. It’s obvious.

This is the only way the poor whites will survive. They won’t accept anything else.

1

u/Alone-Amphibian2434 10h ago

i dont think things could have gone worse in the last 3 months man

1

u/UpwardlyGlobal 10h ago

The world is silly. Everyone but Russia

1

u/Beachhouse15 10h ago

If you’re super lucky

1

u/Active-Tale 10h ago

Depression if this clown in the White House gets his way

1

u/gibbonsgerg 9h ago

Worse, GDP will go down so much that tax revenue will be insufficient to cover the national debt. Figure out what happens then.

1

u/[deleted] 9h ago

[removed] — view removed comment

1

u/oneeye2 9h ago

please look at the history of OP before responding or become part of their wave.

1

u/rahli-dati 8h ago

Not just recession, a great fucking depression. It will take decades to recover

1

u/namjeef 8h ago

It’s Yarvins plan. Annihilate the United States and create nation city states.

1

u/MorgessaMonstrum 8h ago

Ah, an optimist.

1

u/IanJMo 8h ago

I believe it won't just be a recession, it will be stagflation, which is significantly more difficult to correct.

1

u/Glad-Conversation377 7h ago

The sarcastic part is, this is not necessary. Just imagine if there is no such tariff bullshit, where would be the position now. The orange 🍊 retard tank the market DELIBERATELY

1

u/portezbie 7h ago

I think people are also really underestimating the impact soft power and simple goodwill can have.

Regardless of tariffs, it seems like people are really losing interest in doing business with us, diplomacy with us, and even buying our goods.

It's not looking great.

1

u/DamnTheDan 7h ago

One thing you forgot.. every country wants US consumers money. We spend it way more than any other. Also, we spend it on the dumbest shit. We are THE customer and the customer is always right (to an extent) We still have quite a bit of pull on the worlds goods/services

1

u/Fox_Technicals 7h ago

If there’s no recession from this what is the motivation to ever short anything ever again

1

u/NuclearPopTarts 7h ago

We've been in a recession and the media hid it to push VP Word Salad's stalled campaign across the finish line

1

u/Proud-Peanut-9084 7h ago

ok sure but some people put pronouns in their bios so….

1

u/Pietes 6h ago

look, US has about three weeks to dump trump, after that it's irreversibly fucked. my advice would be to start raising hell now, because some systemic black swan may start toppling banks any minute now, and once that happens, you've either nailed all of maga to a wall or the rest of workd is done talking with you

1

u/Aucade13 4h ago

The damage is already done. Nobody trusts the US anymore.

1

u/Timely-Analysis6082 5h ago

The FTSE is a cuck chair enthusiast

1

u/Timely-Analysis6082 5h ago

The FTSE is a cuck chair enthusiast

1

u/jayleia 4h ago

The only way to avoid this scenario is if Trump faces immense pressure either from powerful corporate entities or his own cabinet to remove all tariffs, and this could potentially happen within the next few weeks.

Yes and no. We can avoid immediate apocalyptic depression if things change fast, and I do mean FAST...end of the month at the LATEST fast, end of next week might ALREADY be too late. But either way, everyone is pulling away from us, at least trying to become less dependent on our ketamine-addled country and even if we elected a normal person next time, they're always going to remember those times when we went crazy.

We went from being the only hyperpower down through superpower and declining in three months...with most of that happening in the course of thirty minutes.

1

u/delulubacha 3h ago

The US is the world’s biggest investment beta, you can’t reduce this to zero. What are you going to put your money in? lol all this absolute pure shyte about Japanese corporate governance reform and how they’re on track for a come back …. No. European equities? No. How much money in your equity portfolio are you going to allocate to banks and fkin utilities. What was the last great tech company to come out of Europe? In saying this I do not disagree with your call on US recession, but fuck off with the “no one will never invest in the USA crap”. Like we’re in shit times at the moment, but it doesn’t allow you a permit to go full retard. Just chill.

1

u/HeftyCompetition9218 2h ago

Don’t forget that since the repealing of the Dodd Frank act small and medium sized banks across the US have had almost no oversight and are ludicrously overleveraged

1

u/AdScary1757 1h ago

I'm doubting the jobs numbers were legitimate. I get text messages from recruiters weekly and they be 7 or 8 openings. Now I get 1 every month or 2 with 3 openings. I'm fully employed but lije to keep an eye on the market because I'd love to move to either coast for the right offer.

1

u/lordinov 1h ago

Lmao no

1

u/AdventurousAge450 1h ago

The U.S. is IN a recession not headed for.

1

u/Jackson-G-1 52m ago

Great option and on point 👍👍👍👌

1

u/PiingThiing 12h ago

If this is part of some plan, was DOGE's real purpose to preemptively scrap every department and scheme that wasn't going to be affordable after the crash?

1

u/Hot_Falcon8471 11h ago

I read your first line and chose to take your advice.

0

u/Other_Block_1795 11h ago

I hope so. Maybe will teach them a lesson.

3

u/cool-beans-yeah 11h ago

This is going to affect every country in the world, not just the US.....

1

u/Commercial_Regret_36 2h ago

At least our governments are working to mitigate it rather then push us further underwater

0

u/SlackToad 11h ago

Usa meesa? Nosa!

-6

u/Majestic_Republic_45 10h ago

The US is the World’s largest market. U can’t be successful without selling in the US. China will collapse wo the US market. Europe auto industry decimated, Canadian industry decimated, etc. We're going to take some lumps too, but in the long run, we’ll be fine. I say this being down 400k in 3 days.

This is more of a hate Trump sub than a Wall St sub, but Countries will come to the table. The smart ones will do quickly (Vietnam). Every Asian Country that comes to the table is a huge threat to China’s industrial base. Wait until unemployment goes up in China and inventory is piled to the roof.

US tariffs were some of the lowest in the World prior to Trump implementing reciprocal tariffs. Your alternative was to do nothing and watch this Country go 50T in debt, unable to pay our bills, the dollar destabilized, and the US left bankrupt.

How would the market look in that scenario? The problem with US citizens is we think we can never run out of money and that’s a fallacy

2

u/team_ti 9h ago

Delusional. You are fucked. It will take time to realize how fucked you are but it's already happened.

Business relies on confidence. The US has lost that confidence. Irretrievably

1

u/Radrezzz 9h ago

All we can do is hope that somehow you’re right. Maybe the shadow government figured it out that this was in fact necessary and chose Trump to be the bogeyman. But damn if it doesn’t suck and wouldn’t it be great if there was a more gradual process. Maybe we could have emphasized healthcare reform and reduced military spending instead. Still, there isn’t much this administration does to instill confidence in their abilities. How long will we bleed?

1

u/JonInOsaka 7h ago

Please explain how other countries lowering their tariffs on us balances the U.S. budget? Also seeing how the US Dollar was the strongest currency in the entire world at the time Trump took office, how was the dollar "destabilized"?

1

u/raeninatreq 7h ago

I can't speak for every country, but for Australasian countries Trump's tariffs don't affect them that much. To put in perspective, America buys 3% of Australian's steel exports, and 19% of wine.

In comparison, China buys 76% of Australian's steel exports, and 40% of wine.

Australia and China were in a trade war a few years ago. Australia survived it just fine before China caved when their winter got bad and Australia's government changed to Labor.

Trump's trying to bargain with the Australian government, but the rejection of the lowering of PBS and bio-security laws is bipartisan.

American isn't the biggest player; China and Japan are. And now those two nations are working with South Korea to become an Asian powerhouse... And if Canada and Europe trade with Asia too...I really don't see what we need America for.

(Except for maybe movies and TV shows, because they're still really good).

1

u/TMudin 1h ago

(Except for maybe movies and TV shows, because they're still really good).

Even that part is threatened, since Trump is making the USA the great villain of the world. People will shun a lot of America's products, including cultural ones, because of the bad reputation america has.

1

u/Commercial_Regret_36 2h ago

Plenty of successful companies don’t sell in the US. China and the EU won’t collapse without the US. The EU single market would actually be the world’s largest market.

So, no worries. I remember last time Americans were adamant that China would end up in civil unrest after US soy was cut off. China just bought it from Brazil instead. That sense of over inflating your importance rings just as true this time.

1

u/Aok54 1h ago

He didn’t do “reciprocal tariffs”. He used trade deficits and knew you’d be too dumb to know or care about your lies.

He was also the biggest deficit adder in history, and hasn’t saved a dime