And so the major recession that’s long been predicted finally begins. Right on time, IMHO - they almost always start in the latter half of January when they’ve been pushed off as much as possible like this & the investors get the year-end numbers they wanted.

As conditions deteriorate and people become more desperate, Trump (more accurately, his Heritage Foundation handlers) will use the disarray to impose martial law, and the US will decend further towards civil war.

I hope I’m wrong.

  • manxu@piefed.social
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    1 day ago

    There is something that isn’t working for me about this scenario. Fascist regimes either come to power because there was a deep recession or they engineer a fake boom after taking power to justify their hard-handed tactics.

    I can’t think of a single case where a fascist regime took power and then cratered a stable economy. That’s not a rational way to start imposing restrictive laws, since there is only downside to keeping them on. You give up liberty in exchange for poverty? That is hardly a bargain anyone would make.

    • UnspecificGravity@piefed.social
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      1 day ago

      You are failing to account for how stupid the leadership of this fascist regime is. Trump is not a revolutionary leader. He is more like the third generation of a hereditary regime. Nothing he builds is going to last very long unless someone way better comes along to shore it up.

    • StinkyFingerItchyBum@lemmy.ca
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      1 day ago

      The economy wasn’t stable before. There is an explosion of homelessness and poverty and inflation that the Bureau of Labor Statistics and the Fed paper over.

      It was only ever lipstick on a pig.