Economists are starting to worry about a serious Trump recession

[Xipe Totec]

https://www.msn.com/en-us/money/markets/economists-are-starting-to-worry-about-a-serious-trump-recession/ar-AA1zLpTi

Donald Trump’s assault on the US federal government and the world’s interlinked manufacturing system have together reached an economic tipping point.

“It seems almost unavoidable that we are headed for a deep, deep recession,” said Jesse Rothstein, Berkeley professor and former chief economist at the US labour department.

Once the pace of job losses crosses a critical line, the multiplier effects can snowball suddenly.

Prof Rothstein said monthly non-farm payrolls – the barometer of US economic health watched closely by markets – could turn viciously negative by late spring, contracting at rates surpassed only during the worst months of Covid and the Lehman crisis in 2008.

“I think we’re going to see historically large drops. Losses of 400,000 a month are not implausible because people are getting nervous out there.

- Story by Ambrose Evans-Pritchard, MSN

[Cinjanik]

1. Trump recession

Pretty sure that's the outcome Putin wants.

[Lovie777]

2. People have been worrying before shithole...

got in on January 2025 because we knew he was gonna to fuck up the economy.

I voted for Harris/Walz.

[sop]

3. Trump's presidency is an unfolding catastrophe, there's no way any of this ends well.

[Xipe Totec]

4. The writing is on the wall in ketchup nt

[OrlandoDem2]

5. Close your wallets, folks. Too much uncertainty! Stop spending and save for the crash!

[Irish_Dem]

6. Trump is following Putin's orders to the letter, every single day.

Crash the US economy is certainly on Putin's marching orders for Trump.

[RockCreek]

7. The economists the headline refers to

The economists the headline refers to are damn idiots if they are only "starting" to worry about a Trump recession now.
Somehow, I suspect it is more likely that it is the headline writers (or their bosses' bosses) that are idiots and not the economists.

[displaced in ID]

8. what Oligarchs want

This is what Putin wants, of course. But it is also what ultra-wealthy oligarchs want too. If stocks tank in value, guess who buys them up at reduced rates and then waits for a rebound? The ultra-wealthy make out best when everyone else loses....so they are licking their chops thinking about the economy crashing. The same with farmland.....if farmers lose enough money, their land will become devalued and the oligarchs will buy it up for next to nothing. The same with non-insurable land along the gulf coast. This is a feature, not a bug.....oligarchs love a failing economy.

[biophile]

10. Create a crisis so you can capitalize on it

Maybe not the oldest trick in the book but it’s a tactic that has been used before

[Raven123]

9. Duh.

Not going to check, but I do wonder how many of these economists are in the MAGA camp versus the I told you so camp.

[Wiz Imp]

11. We will be in a recession by late spring/early summer at the latest.