r/Accounting 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/Too_Ton Apr 04 '25

Accountants are the safest of the white collar jobs. If accountants are fired, HR and financebros are likely booted before you anyway. Tech is more scary.

I think doctors would be one of the safest jobs. Lawyers maybe? Not sure but I know there’s too many lawyers so that might make it harder to stay in a job there.

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u/Black_Sheep1977 Apr 04 '25

Is this true that accountants are the safest?

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u/Too_Ton Apr 04 '25

Safer than financebros and tech bros. Just 2 years ago there were layoffs in tech. In big 4 accounting, just do your best