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Epic Economist
@epiceconomist.bsky.social
Financial news and market conditios 🏦
The press has started to realize the Trump Recession is upon us.
Hold onto your dollars folks 📉🔥
Opinion | A Trump recession has become a real possibility
Widespread tariffs and swift government cuts add pain to an already slowing economy.
www.washingtonpost.com
March 6, 2025 at 9:51 PM
Reposted by Epic Economist
Breaking News: Sweeping U.S. tariffs on Canada, Mexico and China went into effect. Shortly after, China announced retaliatory measures on U.S. food imports.

Follow live updates.
China Retaliates After Trump Announces Steep Tariffs: Live Updates
www.nytimes.com
March 4, 2025 at 5:42 AM
Everything I have been saying for months on this feed has come to pass. The greatest American downturn since the Great Depression is upon us. If you planned on retiring in the next few years, I’m sorry. Save every dollar you can. 🙈
March 4, 2025 at 6:39 AM
Have you noticed the job market has become increasingly difficult since the election? 🤔

#trumpcollapse
Unemployed Office Workers Are Having a Harder Time Finding New Jobs
More than 1.6 million unemployed workers have been job hunting for at least six months
www.wsj.com
January 6, 2025 at 3:18 AM
Translation: They want to eliminate the FDIC. This would cause the biggest run on banks since the Great Depression. 🏦
Exclusive: Trump's team is exploring ways to drastically shrink or even eliminate top bank watchdogs, including the FDIC
Exclusive | Trump Advisers Seek to Shrink or Eliminate Bank Regulators
The advisers have asked potential nominees whether Trump could abolish the FDIC.
on.wsj.com
December 13, 2024 at 2:34 AM
Take note: Donald Trump opened up the NYSE today. The Dow closed -234 points by closing bell.
December 13, 2024 at 1:19 AM
When the Trump Financial Collapse begins, this will be part of the reason why.
The crypto world is jubilant after President-elect Donald Trump chose Paul Atkins, a crypto-company adviser, as the next chair of the Securities and Exchange Commission
Crypto Players Celebrate SEC Pick, Bitcoin Touches $100,000
Paul Atkins, Trump’s nominee to run the securities regulator has close ties to digital-asset companies.
on.wsj.com
December 6, 2024 at 3:19 AM
November 27, 2024 at 6:14 PM
An unwise move that would throw the US economy into a deep recession.
November 26, 2024 at 12:59 AM
Reposted by Epic Economist
According to a nationwide survey of grocery prices prepared by the American Farm Bureau Federation, the cost of this year's Thanksgiving meal is now at its lowest level since 2021.
Thanksgiving Dinner Prices Fall To Lowest Point In Decades
Thanks to the Biden-Harris economic agenda, prices continue to fall
meidasnews.com
November 25, 2024 at 4:30 PM
Thanks to deregulation on the part of Republicans, eggs, have climbed a whopping 36%! It only took one avian bird flu outbreak to make this happen. 😡
#eggs #birdflu
November 24, 2024 at 10:50 PM
There is growing concern among leading economists that there will be a deep recession in 2025. What do you think? 🤔
#economy #recession #finance
U.S. recession to start suddenly this year or 2025: strategist
YouTube video by BNN Bloomberg
m.youtube.com
November 24, 2024 at 1:02 AM
November 23, 2024 at 6:36 PM
November 23, 2024 at 1:14 AM
As we get closer to Jan 20, the acceleration of job losses will only continue … 😧
More layoffs hit freight-related companies across US
UPS, Advance Auto Parts, Great Dane LLC and Ryder Transportation Solutions recently announced a total of 1,277 freight-related job cuts.
www.freightwaves.com
November 22, 2024 at 8:39 PM
Reposted by Epic Economist
Americans see a $270,000 annual salary as the threshold for financial success, a new survey found
Americans Say You Need $5.3 Million to Be Considered a Success
In addition to net worth, the threshold for annual salary is $270,000, according to a new survey.
www.bloomberg.com
November 22, 2024 at 5:30 PM
November 22, 2024 at 1:24 PM
Reposted by Epic Economist
America now has 815 billionaires who currently hold a record $6.7 trillion in wealth.

The bottom 50% of Americans control $3.7 trillion in wealth.

When 815 people control more wealth than half a country’s population, we have a very serious problem.
Even As Billionaire Wealth Surges After Trump’s Election, New GOP Leader Aims To Give Them $2.7 Trillion Tax Break
America’s Top Plutocrats Are Now Worth A Record-Breaking $6.7 Trillion, Yet Republicans Under New Senate Chief Thune Want To Eliminate Estate Tax
buff.ly
November 22, 2024 at 12:30 AM
November 21, 2024 at 9:22 PM
A positive sign for the economy, but will it last? 🏦
Home Sales Rose in October Following Decline in Mortgage Rates
A short-lived drop in mortgage rates improved affordability for buyers and produced the first year-over-year gain in sales in more than three years.
www.wsj.com
November 21, 2024 at 7:26 PM
“Whatever is begun in anger ends in shame.”

- Benjamin Franklin
November 21, 2024 at 5:57 PM
Now might be a good time to invest in gold before the crash 💰
How to invest in gold in 4 steps
Learn how to invest in gold by considering gold's strengths, historic behavior, and the pros and cons of physical gold versus gold mining stocks and ETFs.
finance.yahoo.com
November 21, 2024 at 4:23 PM
“An investment in knowledge pays the best interest.”

- Benjamin Franklin
November 21, 2024 at 6:30 AM