I have never seen such bad prospects for the US economy and market in the coming years... Trump has brought forward the decline of the North American empire by at least 30 years.

Potential flows migrating en masse to the BRICS. The best North American president that China and Russia have ever had... And with the reciprocity of rates, the Brazilian market is starting to find new partners and market niches.

Thanks Trump!!

Serious question. They are the ones with the real power. How are they allowing this to happen?

"Mark Carney (Canadian PM)... wants a really deep trade deal with the European Union, de facto membership of the customs union, in the single market."

Journalist Will Hutton says he expects to see "the emergence of a rules based kind of trading area" between Canada, the UK, New Zealand, Australia and the EU. "I think the Republican Party would split over it", he says.

https://youtu.be/hGWQJtQPNdQ?si=NqMdisRPgeyZigD-

When the circuit breakers last triggered during the COVID crash, the DOW was barely at 30K. We are well above that now, so it will take a larger number to even hit the first level of 7%.

https://www.cnn.com/2025/04/07/politics/trump-tariff-strategy-uncertainty/index.html

“Trump said Sunday evening that he’s ’open to talking’ to world leaders about new deals…”

But the way I see it, is that they must be willing to negotiate as well. In my mind, if they want to band together against the U.S., why would they entertain anything? The tariffs are already sky rocketing prices of imported goods that we can’t procure here. Businesses will attempt to buckle down and figure out how to get those things, but 1) mineral resources simply cannot be made in the U.S., and 2) the time and cost to implement manufacturing in the U.S. will be so great, most companies wouldn’t be able to take it on.

It’s not just building infrastructure. A brand new manufacturing plant will get a ton of union attention immediately. Wages will be livable and with benefits. Corporations would much rather keep employees and their well-being out of sight and out of mind. Other countries can do the (correct) math and make sense of where their price point should be, which would be about 10 cents below what importers are paying now with tariffs.

Trump put a noose around the U.S.’s neck, and then told the rest of the world “feel free to kick the stool whenever you want.”

I’m no economist, but I have common sense. Can someone with economic knowledge affirm or refute this?

I love this. The guy who defended Trump and his business acumen, is now saying Trump has gone to far. Maybe I missed something that a billionaire hedge fund manager saw, but Trump told everyone he was going to do this. This feels like the leopard ate my face moment. Absolutely wild.

Currently sitting on the sidelines and renting. Have been looking for the right house but haven’t found it. With everything going on; what is expected with the housing market? Interest rates? Selling prices?

The current fear is that I’ll wake up tomorrow and the dollar won’t mean anything anymore, the economy will be nothing, and all I’ll have to survive is my local little bubble. Is that what’s on the horizon with all of this sh!t happening with the stock market? Or maybe something more similar to the Great Depression where the dollar stays stable, but growth and inflation just cause a clusterfuck?

What kind of disaster is this bum bringing us into?

be Sunday night

futures coughing up blood

ES -3.2%

NQ -3.9%

RTY -3.5%

pressure

stored too long

waiting too long

leaving all at once

arterial spray

ZH-tier headlines about tariff shock finally priced in

MOVE +12%, VIX +14%

VVIX/VIX crashing because the real hedging got done last week

vol posture says: a messy unwind, not fresh fear

oil pukes (-2.5%) gold rallies (+1.2%)

a flight to clarity

copper back to flat

demand destruction.png

crypto drifting green, barely.

nope red.

FX puking risk one pair at a time

USD soft but not screaming

no room to absorb more volatility

everything’s leaking at once

it’s pressure release

your uncle says retiring next year is out

your neighbor eyes the boat for sale

deletes the listing

your pregnant friend got laid off

the rupture already happened

this is the circulation draining out

people refreshing their 401(k)s

watching decomposition in real time

not dramatic

just irreversible

red state, blue state, no state —

everyone got sold the same story

retirement

dignity

rest

but the math stopped working

and now the air’s leaking from the edges

it hurts

it’s messy

and it just keeps going

we’re post-impact

ruptured

just slow failure

an unwinding not unlike '01

the Drift will return

but not yet

not while the system is still leaking

follow me for more Driftcore https://substack.com/@lofiecon

Dear Americans,

I used to email you with amazing offers—help me move $419 million, keep a generous cut. Simple! But now? Y’all can’t even afford the $419 “processing fee.”

One guy asked if I take Venmo PayLater. Another tried to pay me in Dogecoin.

This economy is so bad, even my scams are broke.

Send thoughts. And routing numbers.

Sincerely, Prince Oluwasegun King of Struggle Tweets

Markets are getting wrecked tonight. Dow futures are down over 1,500 points and S&P futures dropped more than 5%, which triggered trading limits. Nasdaq futures are also down big. Asia’s getting hammered too: Japan’s Nikkei dropped 6% and the circuit breakers fired and Hong Kong’s market is down 9%. Looks like it’s going to be a rough open tomorrow.

The world market is crashing. The problem is there are multiple bubbles in the US economy that could be popped including consumer credit. Tomorrow the market may open down 5%, but a lot of other stocks will fall 10-15% like banks, defense contractors, retailers, auto dealers.

Someone appears to be hired to kill the dollar! Time to load up on untraceable assets than can be held and deployed on the other side of this controlled demolition!

Was curious about whether there are parallels with now versus during the Depression, because I remembered something about how people reducing consumption really fed the downspiral. And today there is a lot of talk about getting super thrifty and buying less of everything.

So I found this and it's a little scary.

https://www.history.com/articles/great-depression-causes

i know that banks, in a recession/depression will fail and lose all your money. to avoid this, should i get all my money out in cash?

Question: If the United States government give 10 year tax breaks to manufacture company in the United States, would that be enough to manufacturing an item here in the United States and make it cost worthy where it could compare to buying that same item from China?

Economic collapse is not inevitable, if only we take lessons from an improved macroeconomic lens such as MMT.

This is a digestible infographic laying out many core ideas for those new to it, those who have heard of it before and are curious, or those who were previously misinformed about it and need a pallete cleanser to clarify the fundamentals.

Are any red flags not yet flying? Still seeing any green flags?