Japan, Taiwan Markets Hit Circuit Breaker As Trump Tariffs Deepen Panic
https://www.ndtv.com/world-news/stock-market-today-japan-nikkei-taiwan-taiex-hit-circuit-breaker-donald-trump-tariffs-deepen-investor-panic-8104870Open linkView original on lemmy.world120
Comments6
So stagflation?
Make sure it has the right branding. Trumpflation.
"Thanks Obama"
That would be pretty good. Nah, what will happen will be a full blown recession with inflation
This will happen both ways. Once agreements to buy are over, prices of American material exports will collapse within the US. The USDA says 40-45% of rice is grown for export. Americans are going to eat a lot of rice.
If you have an old enough circuit breaker, you can stick certain coins in it — a penny in the United States — until you can get to the hardware store and buy a proper fuse. It might burn your house down but not really if you don’t do it a lot.