"Trump was asked if he spoke to industry leaders and CEOs about his tariffs: 'I've talked to the biggest in the world. I talked to the biggest of them all, many of them. You know what they said? We don't blame you.' Reporter: 'Who did you talk to?' Trump: 'I don't want to say.'”

~ Ron Filipkowski

#Trump #tariffs #economy #StockMarket #crash #destruction #recession
/5

https://www.meidasplus.com/p/today-in-politics-bulletin-107-4725

"Donald Trump's nostalgic worldview is rooted even further back than the 1960s. He looks fondly on the late 19th century when, as he described this week, the U.S. had only tariffs and no income tax….

This history is nonsense."

~ Fareed Zakaria

#Trump #tariffs #economy #StockMarket #crash #destruction #recession
/4

https://www.youtube.com/watch?v=AfscyIbtz2Y

"There is a bailout coming. It could take a variety of forms and have multiple beneficiaries, but the government will be using taxpayer money to pay off the victims of Donald Trump’s disastrous economic policies. Some of them, anyway.

Farmers will almost certainly be first in line to be bailed out."

~ Paul Waldman

#Trump #tariffs #economy #StockMarket #crash #destruction #recession #farmers #bailout
/3

https://paulwaldman.substack.com/p/who-gets-the-trump-bailout-this-time

"The wild swings made the day one of the most volatile in stock market history. It ended with the Dow Jones Industrial Average down by 349 points and the S&P 500 and the Nasdaq Composite staying relatively flat. Futures for tomorrow are up slightly.

Foreign markets fared badly today, suggesting that the reality of Trump’s tariffs is beginning to sink in."

~ Heather Cox Richardson

#Trump #tariffs #economy #StockMarket #crash #destruction #recession
/2

https://heathercoxrichardson.substack.com/p/april-7-2025

@GuidoKuehn
#Crash heißt an der #Börse, dass der DAX in den letzten 12 Monaten statt 27,5% nur noch 9% zugelegt hat.

Ich finde 9% Plus sind immer noch ne ganze Menge. Zeig mir doch mal ne Geldanlage, die mehr bringt.

"Donald Trump 40 years ago thought that he was smarter than everybody else and tariffs were the answer. And he never admitted he was wrong. And now he's going to prove that he was right all along, no matter how deep a depression he generates along the way."

#Trump #destruction #tariffs #economy #crash #StockMarket #depression
/5

"This is really the first time in history that a president has caused you know, a terrible economy. We've had presidents who failed to respond. And Herbert Hoover screwed up or was hapless in response to the Great Depression, but he didn't cause it."

~ Paul Krugman

#Trump #destruction #tariffs #economy #crash #StockMarket #depression
/4

https://zeteo.com/p/toxic-nostalgia-nobel-laureate-on

"Trump apologists, Republican officials, and MAGA acolytes are gaslighting the world right now, trying to make you think Donald Trump is an unorthodox genius who is playing 4-D chess as the global economy collapses around us."

~ Wajahat Ali

#Trump #Musk #destruction #tariffs #economy #crash #StockMarket
/3

https://thelefthook.substack.com/p/trump-isnt-playing-4d-chess-hes-an

"This is a moment of testing for @realDonaldTrump's advisors. The intellectually honest ones know that this reflects the President’s 40-year fixation, not any kind of a proven economic theory. This is the economic equivalent of what creationism is to biology…."

~ Lawrence Summers quoted by Greg Dworkin

#Trump #tariffs #economy #StockMarkets #crash #EconomicElites #billionaires #golf #recession
/24

https://www.dailykos.com/stories/2025/4/7/2314998/-Abbreviated-Pundit-Roundup-An-economic-catastrophe-orchestrated-by-Republicans