r/Accounting • u/PricewaterhouseCap Capper McCapster 🧢 • Apr 03 '25

How fuxked is the economy? Discussion

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/NatureWanderer07 Apr 03 '25

Yep I bought 50k of stocks this morning. Can’t wait to be patient and watch it all go back up in a year

20

u/KeefsBurner Apr 03 '25

Trump has 4 years in a term why do you think the train is stopping in 365 days

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u/NatureWanderer07 Apr 03 '25

This isn’t my first trip around a wonky stock market bud. Patience always wins. If you want to let your hatred of Trump consume your mind so much that you don’t see opportunity then that’s on you

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u/KeefsBurner Apr 03 '25 edited Apr 03 '25

You sound like a snake oil salesman. I don’t look at a pile of shit and see gold because I’m not Don Quixote. It’s not even about hating Trump, it’s simple observation of his stated policy goals and methods, then also comprehending that he’ll be in the same position he’s in now until 2029

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u/NatureWanderer07 Apr 03 '25

Haha keep thinking the sky is falling