Charlesfarsbar
Well-Known Member
- Joined
- 18 Jun 2016
- Messages
- 1,563
Sounds like the same situation as in Weimar Germany after the wall st crashI give it until the end of April. By then hundreds of thousands of laid off Federal workers will be defaulting on mortgages and have cut back spending as they have no income. Things they want to buy will have 20% tariffs on from China and 25% from most elsewhere. Stories will be out how large companies are cutting shifts to save costs or who can't sell to people who have less money to spend. That will lead to further job cuts and your local coffee shop and bakery will be closing down. Farms and other businesses will have cut back massively as so much of their workforce have been removed or won't show up for fear of removal. Inflation will be spiralling and things will be going to shit ....... not my suggestion but that of several economists in the US that I have read
During times of civil upheaval , the masses look to a strongman to make the decisions to solve all their problems
