[Pain] HUGE, self-inflicted Recession incoming due to Trump/Musk

I know Trumpflation has its own thread, but the entirely DOGE -Trump- Musk - Vought created recession is deserving of its own discussion

It seems almost unavoidable at this point that we are headed for a deep, deep recession. Just based on 200K+ federal firings & pullback of contracts, the March employment report (to be released April 4) seems certain to show bigger job losses than any month ever outside of a few in 2008-9 and 2020.

February 18, 2025 at 8:37 PM


‪Jesse Rothstein‬ ‪@jrothst.bsky.social‬
Add on to that enormous private market uncertainty - how could you hire in these conditions? - and this is going to be very, very bad.



‪Jesse Rothstein‬ ‪@jrothst.bsky.social‬

To be clear: Even greater damage will be done by the loss of federal government productivity. The workers who are losing their jobs were worth more than they were being paid! We are all poorer when roads, planes, and food are unsafe, when parks are closed, etc.





‪Jesse Rothstein‬ ‪@jrothst.bsky.social‬

This will show up in the March report, to be released on April 4. Why not in the February report, coming out March 7? Because that asks for employment in the pay period including Feb. 12, and the firings were nearly all too late for that.

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Folks, prepare. If you are long the market with your retirement, think about not being (though, market timing is hard)

Save. Save. Save.

It's going to be brutal, who knows when we get out of it.

 

I mean, I wish I was wrong but this upcoming recession is really truly unique in terms of being ENTIRELY man-made and voluntary, it's unprecedented self-sabotage in world/american history.

Look, the US economy is pretty deeply unequal, but overall in the post-pandemic era, we have had the best outlook in the world and it's literally not even close among developed countries.

And we areabsolutely - destroying it, voluntarily, by removing a huge engine of growth (so we can all be slaves?) and a huge amount of value add. We can't really easily get it back.

Add on top of it we are decapitating all basic Science & Medical research, destroying our university system, and opening up the economy to organized criminality, both at home and abroad.

I know this has been the plan for the last month, but it's still breathtakingly sad how we are doing this to ourselves and all of the people who had nothing to do with it who are going to have their lives destroyed - because of a few ignorant men.

 

Nah, the low info morons didn't even know it existed, they just listened to idiot galaxy brains like Joe Rogan & the other podcasters & streamers & projected their own version of Trumpism

Anyway **** them I don't care about them, I care about the friends, family & neighbors that are going to get hurt in this carnage. It's disgusting and depraved - America seems like it's over, if my parents weren't still alive I'd think about leaving

 

You know, I don't doubt the Effective Acceleration chuds absolutely want this, but while they are doing great at the "breaking things" part,

....the whole thing of becoming feudal lords in an angry starving nation of 300 million with a billion guns seems way harder to pull off than the first step - they're going to need those New Zealand bunkers.

 

Yeah, I'm saying with a complete breakdown of state capacity, which is where we are heading, thejy are overestimating their ability to control via the military or citizen militias or wahtever is only going to go so far as the next militia or drug lord or whatever.

I know these techno fascists have a fantasy of using AI to control everybody, but, the whole "9 meals from anarchy" thing is not gonna be solved by a chatbot.

 

Yeah, they think they have. Life has a way of being more complicated than master plans for world domination are able to account for.