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Halls of Shrewd'm / US Policy
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Author: Dope1   😊 😞
Number: of 48434 
Subject: Re: Trade talks with China set to begin
Date: 05/07/2025 11:16 PM
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Inflation in Trumps first three months was higher than in the last three of Bidens.

If you say so. We still don’t have workers in the streets.

Q1 also saw a drop in GDP (usually takes two quarters of this before a recession call though).

Did you bother to look at why? And did you happen to also see the investment number?

The US economy is teetering on the edge right now, and other countries know it

Not according to Jerome Powell. You don’t keep the cost of capital high if you think there’s an imminent economic crash coming.

We will have to wait and see what sort of outcome we get (if any).

Finally - a point where we can agree!

In general, opening a war on over 200 fronts is not going to end well for the US.

The whole thing needs to play out.
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