Breaking: Only 60% of CEOs can see blindingly obvious outcomes.
6mo isn’t a long time in the grand scheme of things. The rest probably expect the recession to kick in 26/27
CEOs can’t plan past a 3-month window, so that 60% can even think 6 months in the future is quite amazing.
I see you’re one of those people who think all CEOs are intelligent people who rose to the top through hard work and determination.
Recession is a curious phenomenon, because its predicated on a changing rate of a figure that the Bureau of Labor and Statistics ultimately defines. It is very possible for the US economy to rot to its bones while the officially calculated GDP figure continues to inflate to the moon. Just keep pumping the value of fictitious capital while you people sink into individualized poverty long enough and eventually you’ll have six High Frequency Trading accounts hot-swapping the same basket of derivatives of derivatives in an upward spiral forever.
You don’t even really need a material economy, just so long as you’re willing to concede that a steadily rising Big Number is the singular purpose of the financial system.
And when that happens, will we hold the orange buffoon who caused it to account? Or will we all just shrug?
"Who knew the global economy could be so complicated? :shrug: "
It will be the Biden economy’s fault for sure.
Do you want optimism or honesty?
Homelessness increases, poor people will get jailed for trying to exists, rich people will make more money, illegal drug sales will increase, prostitution will increase, innocent people will kill themselves …etc.
You have to understand it never was about us, the game that they play is strictly for those that play it and everyone else gets used.
The working and middle classes are effectively in a permanent recession now, anyway.
When the US, YET AGAIN causes a global economic meltdown due to their dangerous policies (from how they do their so called democracy to how they let bankers do whatever the cocaine they want) can we please PLEASE just kick them in a corner and stop allowing them to be a super power?
Also, can we please jail billionaires? Just all of them would be fine at this point. Billionaires have brought nothing good to this world, get rid of them, get rid of the idea, there should be no such thing as a billionaire. Not even a cent millionaire or whatever you’d call that. Nobody should have a net worth of more than 7 digits, period. Get rid of those countries and assholes, implement normal and sane economic policies and watch the world bloom.
Why jail? We have volcanoes and forgotten gods that could use a sacrifice.
And are those CEOs planning to put pressure on the idiot who is directly causing this “tariff turmoil”?
They already are. Why do you think the Toddler in Chief keeps walking stuff back?
Yet he keeps introducing new random stupid “policies”.
He needs to be fully shut down.
