ChileG
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You could be right about the recessions.I'm not sure recessions exist any more, outside of exogenous shocks like financial crises, pandemics or . . . tariffs.
Like, if Trump does nothing, the economy will probably do just fine. But he wants to fuck it all up. I know it sucks and I don't like to wish hardship on anyone, but we also need MAGA to go down in flames. The tariffs will hopefully do that.
I don't think it's going to be such a light touch this time. China is already preparing "supply chain warfare." Just read an article about it. They aren't going to retaliate with tariffs. They are going to retaliate by withholding from us the things we need to make the products we sell.