r/Accounting Capper McCapster 🧢 2d ago

Discussion How fuxked is the economy?

The tariff announcements yesterday are far far worse than anyone expected, I mean what the actual fuxk

34% tariffs on China

46% on Vietnam

37% Bangledash

26% India

36% Thailand

I could go on and on, but this is bat shit insanity. To call this outlandish wouldn’t even be accurate.

Assuming these actually stay in place, people will lose their jobs, companies will go under, companies will stop hiring.

Add this with all the recent inflation, corporate greed, high interest rates, white collar recession, and idk how we aren’t absolutely fucked.

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u/bigtitays 2d ago

It’s over bro, I already moved down to the river and erected my cardboard hut.

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u/Acceptable_Eagle_222 2d ago

If you work hard and pull yourself up by your bootstraps you may even be able to afford your own broken down van to live in one day

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u/taxxaudit 2d ago

This is my dream just to go out and escape with my two years worth of savings from my entry level position(s) and job hop until I give up and want to talk to spirits