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by Jcampuzano2 414 days ago
To be honest it seems all kinda by design. It seems Intentional to cause this much disruption that will primarily affect the lower and middle classes portfolios that can't withstand as long in long term economic droughts.

It also leaves more with uncertainty so they get stuck at their current jobs for longer rather than leaving, giving more control back to employers.

Everything implemented seems to be intentionally pushing even more economic inequality and divide between the top and the bottom, and to push the diminishing middle class even lower down on the totem pole.

1 comments

Trade wars are class wars. This is big business pushing back on labor gains made from the last few years. They can't let labor keep any power or gains because it means we might ask for more instead of continuing to defer to corporate power and the ultra rich.

I expect a wave of bad economic news, followed by a wave of consolidation, all the while prices rising, and toward the end of all this, the tariffs will be fully removed, but the prices will not meaningfully (if at all) come down, and the consolidation will have only further entrenched power at the top