Ivar Hillesland
@ivarhillesland.bsky.social
Reposted by Ivar Hillesland
If the new tariffs stay in place for multiple years, and are enforced and inflationary, and DOGE continues to cut and fire , we will be in a far worse situation than 2008
Hey, Mark. Assume Trump doesn't "cut deals" to reduce tariffs, and they just go into effect, as-is, if not even worse. What's the worst-case outcome. Would we face a recession comparable to 2008? Worse? As bad as the 2020 pandemic recession? Worse?
April 5, 2025 at 10:46 PM
If the new tariffs stay in place for multiple years, and are enforced and inflationary, and DOGE continues to cut and fire , we will be in a far worse situation than 2008