I do think tgat we are been treated to a thunderstorm of jawboning whose intent is to get folks to the negotiating table. And Tariffs are really the only stick trump has. Strategically Canada and Mexico is providing ample cover for the full on confrontation with China.
After all, they can be canceled overnight. However the CCP is watching thousands of factories been packed up and shipped to Vietnam right now as owners panic and flee to a safe haven. None of them liked the first round of tariffs ,but they adjusted. This is way too miuch.
Now imagine CCP negotiators coming to Washington to discuss Trump's take on the long game.
This will supercharge SE Asia whose population easily surpasses China's fake population.
China simply cannot wait out this four year presidency.
They Are Accusing Trump Of “Manufacturing” A Recession, But What Is Really Going On?
Recession survival guides
https://theeconomiccollapseblog.com/they-are-accusing-trump-of-manufacturing-a-recession-but-what-is-really-going-on/
Is it just a coincidence that a large number of talking heads in the corporate media have all suddenly decided to start blaming Donald Trump for causing a “recession”? During the four years of the Biden administration those same voices insisted that there was no “recession” on the horizon even though homelessness was setting record high after record high, demand at food banks surged to levels never seen before, inflation was out of control, home sales plunged to extremely depressed levels, stores and restaurants were closing all over the nation and debt levels were breaking records. Let’s be real. The U.S. economy has been on a downward trajectory for a long time, and that downward trajectory got even steeper in the final stages of the Biden administration. But now we are being told that the economic problems that we are experiencing are happening because Donald Trump is “manufacturing” a recession…
CNBC host Jim Cramer went off on President Donald Trump for fueling recession fears and cratering the stock market, noting competitor markets are “crushing us” and accusing Trump of potentially “manufacturing” a recession — or worse.
Recession survival guides
Really?
Trump has been in office less than 60 days. He simply has not had much of an opportunity to have much of an impact on the economy yet.
But following more than 1,400 days of Joe Biden, U.S. households were absolutely drowning in debt. In fact, we just learned that the average credit card debt load during the fourth quarter of last year was the highest that we have seen since the Great Recession…
For one, Americans’ inflation-adjusted debt burdens are starting to grow further beyond prepandemic levels on a per-household basis. As of the fourth quarter of 2024, the average household’s credit-card debt surpassed $10,000, adjusted for inflation, for the first time since 2009, according to data compiled by consumer-finance website WalletHub.
Donald Trump was not president during the fourth quarter of 2024.
Joe Biden was.
We also just learned that missed payments on auto loans were at “the highest level in three decades” in January…
Missed payments on auto loans by American car owners rose to the highest level in three decades earlier this year.
The percentage of borrowers with subprime car loans who are at least 60 days past due on their loans increased to 6.56% in January, which was the highest level since data collection began in 1994, according to Fitch Ratings.
The share of 60 days past due subprime auto loan borrowers has remained above 6% since August 2024 after breaking the 6% threshold for the first time early last year. It previously approached the 6% mark in 1996, 2019 and 2023.
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