And now, the credit begins to dry up.
No credit growth = no money growth = no spending growth = no profit growth = job layoffs = recession. pic.twitter.com/fWbYvVQ7GN
— Spencer Hakimian (@SpencerHakimian) April 30, 2025
When are we going to understand there’s no “winners” in trade wars? Only losers.
Who loses?
We the People via inflation, empty shelves, and job losses.
Tariffs are a tax. Period.
— QE Infinity (@StealthQE4) April 30, 2025
My current take:
There’s no turning back at this point. The way the world ran since WW2 is now over.
The world has forever changed.
I think that’s what Trump and his team realized this week. So they’re doubling down and sticking to the script.
They really had no choice.
— QE Infinity (@StealthQE4) April 30, 2025