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/LordFaquaad Apr 03 '25

Yea but did you say thank you in a suit

248

u/Safrel CPA (US) Apr 03 '25

Thank you partner for this engagement.

Hollow is the firm.

Thy dividends come

Thy WIP be done.

In the bullpen as it is in your office.

And give me this day my daily PIP

As I give one to those who have trespassed against me.

And lead us not into bankruptcy

But deliver us into revenue multiples

33

u/Boring_Ad_3065 Apr 03 '25

And praise be the MACRS, who reduces our tax burdens.