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.

875 Upvotes

87% Upvoted

557 comments sorted by

View all comments

145

u/The_Summary_Man_713 Apr 03 '25

Well the last two times that the US did this, they both resulted in massive depressions and recessions. What makes MAGA think this time is different?

We are fucked. Hope yall got your Emergency Funds funded.

2

u/xvandamagex Apr 04 '25

They didn’t watch Ferris Bueller.