https://truthsocial.com/@realDonaldTrump/114293581018893404

Rip investments tomorrow 😢

So no one is going to stop any of this? Another 5% down day of retirement funds being destroyed? With the market down this hard this fast there is a realistic situation where this goes from a self create trade and industrial recession shock to a full on financials meltdown where major brokerage houses implode. They simply are not created to withstands 20% down moves in basically a week.

So again one must ask, what are the 300million americans who arent the corrupt oligarchs and Trump getting out of these fringe economic theories?

When the purpose is to destroy the economy, why are we going along with it? And exactly how is the tree of freedom doing?

So the trade war is on. There is no deying that this will continue since it's not possible that all countries agree on reducing tariffs. Most will retaliate. With the news of European Union reacting with the US tariffs the market on monday opening doesn't seem to spark any positive sentiment, similar to China reaction also.

Brace yourself tomorrow. The market is going to drop more than 15% in just 3 days. This is going to be biggest crash in 3 days since 1987. History is repeating. This is opportunity of the lifetime for those looking to invest. VOO discount seems super attractive. Thinking of putting 10k in that. Even though any stock in the market is attractive but nothing like lowering VOO avg. I know timing the market is almost impossible but how far it can go down. Maybe 10% more ? Another reason I feel like it’s just driven by tariff news. Maybe Fed or WH would do something about it soon. I don’t think they will keep watching people 401k money going down the drain. We are near to the 2021 peak soon.

To my knowledge this is the first circuit breaker to flip in any market during this whole fiasco. Oh also I think I need to take some medicine according to Dr. T.

More than 50 countries have contacted White House to start trade talks - Trump adviser

More than 50 countries have reached out to the White House to begin trade talks, the US national economic council director Kevin Hassett has told ABC News’ This Week programme. He said:

I got a report from the USTR last night (the office of the US trade representative) that more than 50 countries have reached out to the president to begin a negotiation.

But they are doing that because they understand that they bear a lot of the tariff.

And so I don’t think you will see a big effect on the consumer in the US because I do think that the reason why we have a persistent, long run trade deficit is these people have very inelastic supply.

They have been dumping goods into the country in order to create jobs say in China.

Kevin Hassett speaks to members of the media at the White House. Kevin Hassett speaks to members of the media at the White House. Photograph: Kent Nishimura/Reuters

Hasset denied that the tariffs were part of a strategy by Trump to crash financial markets to pressure the US federal reserve to cut interest rates, insisting there were would be no “political coercion” of the central bank.

As we have been reporting throughout the day, goods imported from dozens of countries and territories are now going to be taxed at sharply higher rates, and that is expected to drive up the costs of everything from cars to clothes to computers.

These tariffs – which can run as high as 50% - are meant to punish countries for trade barriers that Trump says unfairly limit US exports and cause it to run huge trade deficits.

It is unclear whether the tariffs will be long lasting or if Washington will lower or drop them in response to other countries negotiating to reduce their own tariffs and other trade barriers.

US retail giants predicted that prices were “highly likely” to start rising for US almost immediately after a 25% duty came into effect on exports from Mexico to the US.

Americans have been warned to brace for higher prices more generally too, with households fearing a recession in the future and higher inflation because of tariffs.

Trump’s team has said any short term shock to the economy will be worth the net positives of the tariffs, which the US president claims will help bring manufacturing back to the states and boost tax revenues.

Thinking back to the Smoot-Hawley Tariff Act 1930. We all know how that went – massive tariffs, supposed to help, but instead they strangled global trade and were a major factor in turning a recession into the Great Depression. History gave us a clear blueprint of what not to do.

Then we have the same shit show now. Same logic, same protectionist policies, same disregard for global economic consequences. It's not even a parallel anymore; it was a repeat.

And let's be real: the consequences are locked in now. Ignoring the Smoot-Hawley lesson wasn't just a mistake, it set us on a path we can't easily get off. The economic damage from those kinds of trade wars and protectionism doesn't just vanish.

So, I'm calling it: This isn't a prediction or a worry anymore. Based on history showing us exactly what happens, we are heading for another Great Depression. The setup is complete. Smoot-Hawley showed the cause and effect, we repeated the cause, and the effect is coming.

History doesn't just rhyme; sometimes it repeats precisely when ignored. Get ready, pals.

I've been trying to decide if this is "just a disaster" or "beyond a catastrophy". Wonder what you all think.

It seems like the "just a disaster" scenario would be they take tariffs off sometime soon, things simmer down and the project 2025 stuff isn't successful in consolidating power into the executive branch. I don't know that the markets recover all the way because i think prudent investors have already lost faith in the stability of America and will diversify into other markets, Europe, Asia. This is starting to seem less likely to me.

The "beyond a catastrophy" scenario is the tariffs stay on. America brings manufacturing back over the next decade while the world pivots away from America and strengthens trade with Europe China and the rest of Asia. Project 2025 is successful in consolidating power into the executive branch and trump either runs for a 3rd term or figures out some other way to compromise the elections destroying faith in America. This is starting to seem more likely.

Maybe there is some rosey scenario here but I'm just not seeing it. The midterms are very far away.

Anyways. What do you guys think likely outcomes are?

Even though, it is a meme, it would be ONE HELL OF A RUG PULL which seems like the case that Majority is expecting this dip to be buyable, what is the real dip hasn't shown up yet? What if Buffet hasn't even started buying yet because there isn't enough blood on the street?

Now the main question is will the real Dip will stand up or will it keep dipping in hope of find the real dip?

The Dow and S&P500 futures doesn't look good. It will be a black monday most probably. But the scale we don't know yet. Probably just a circuit breaker Level 1 (-7%). Be careful trading this week since there couls be some bounces before another fall.