Trump screeching speech in Truth Social in 3 2 1......
American Economics Thread
- Thread starter Bernard
- Start date
1. Negative unemployment would mean overemployment, a.k.a. working multiple jobs, which is not far from the truth.
2. Under Trump's old plan, tariff the whole world and not 1 percent less, given enough time, hyperinflation would have elevated the average American's net worth to $12 Billion USD
3. As the most charismatic man on this forum, I support you to be the next Trump econ statistics spokesman. You would be the younger, better looking version of that Taiwanese dude who ran Trumps election communications campaign, who is married to a fine milf I might add
The problem is how to cut interest rates without causing inflation, especially in food prices, and now with tariffs.
FED planners don't really care much about a recession, as much as they do about stagflation or even inflation that could turn into hyperinflation. They'd rather receive their enormous pensions and not have their purchasing power annihilated by their reckless economic/monetary policies.
The American economy is in trouble.
Low emergency savings: 24% of Americans have no emergency savings; 59% unable to cover US$1,000 in 2025
Unemployment Rise: The rate rose to 4.2% in July 2025, the highest since October 2021, with the number of unemployed increasing by 221,000
Low Job Creation: Only 73,000 jobs were added in July 2025, with downward revisions from 258,000 in previous months
Credit Card Debt: Total reached US$1.21 trillion in Q2 2025, with 6.93% of balances delinquent
Car Loan Delinquency: The 90+ day rate reached 5.0% in Q1 2025, above the historical average
Debt-Committed Income: Payments consumed 11.25% of disposable income in Q1 2025
Food Inflation: Prices rose 3% in the 12 months to June 2025, putting pressure on items such as meat and eggs.
Decline in Real Estate Sales: Sales fell 2.7% in June 2025, to 3.93 million annually, the lowest level in nine months.
Increase in Foreclosures: Grew 7% in the first half of 2025, totaling 140,006 properties.
Increase in Bankruptcies: Total bankruptcies rose 11.5% in the 12 months to June 2025, with an acceleration in commercial and individual bankruptcies.
Unrealized Bank Losses on Government Securities: Losses totaled US$413 billion in Q1 2025, representing approximately 8.6% of face value. In a rush to withdraw, forced sales could lead to bank insolvencies and failures.
National Debt and Interest Costs: Total debt reached US$36.2 trillion in June 2025, with interest costs projected at US$952 billion for the year, exceeding 3.2% of GDP.
Either way, as soon as JPOW is out, Trump's chosen man will lower rates ASAP as low as they can with no concern for inflation.
Trump, like all previous presidents, thinks that printing money solves economic problems.
The United States and Europe have no other option than to print and print tons of banknotes that lose value and are impoverishing their societies.
Productivity, innovation, and manufacturing are not among their priorities.
The United States and Europe have no other option than to print and print tons of banknotes that lose value and are impoverishing their societies.
Productivity, innovation, and manufacturing are not among their priorities.
One of the key advantages of an electoral democracy is that the politicians are not prone to corruption. We all know that any congressman/woman who gets rich via illegal means will be quickly voted out of office by irate constituents.
Part 44:
In fact, during the first six months of this year, 5,822 store closures were recorded.
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Consumers are under greater financial stress than ever, and this has resulted in a substantial decline in store traffic. ...
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The percentage of student loans going into serious default is exploding…
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We will also see more layoffs, and the fact that continuing unemployment claims have reached their highest level since 2021 is not a good sign...
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On top of all this, US manufacturing activity is now in contraction territory…
Part 45:
The BLS just revised the employment numbers for May and June to a combined total of 258,000 jobs, and it completely shocked many experts...
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I have always felt that the Household survey is at least somewhat more accurate, and it showed a loss of 260,000 jobs last month…
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According to Challenger, Gray & Christmas, American employers announced 62,075 job cuts in July. This number is 140% higher than in July 2024…
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Overall, US employers announced 806,383 job cuts during the first seven months of 2025. This represents a 75% increase from the first seven months of last year…
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Factory activity in the United States just contracted “at the fastest rate in nine months”…
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It's being reported that the number of Americans who have been unemployed for at least 27 weeks is now at "the highest level since 2017, not counting the pandemic-induced unemployment surge"...
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A recent study found that about two-thirds of all U.S. adults “lie about or hide their financial struggles from family and friends”…
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Residential investment fell during the first quarter of 2025 and fell sharply during the second quarter of 2025…