Donald Trump’s trade policies are sending shockwaves through world markets with fears of a US recession seeing stocks plunge on Wall street.
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What did he expect?
In the meantime Trump’s fund is shortselling stocks like hell 😂😂
Sky Australia going down with Tramp! Adios!
Peter Dutton😂
Become self sufficient people. A very turbulent time ahead
To all the Trump voters who just lost their jobs, and those about to face the coming recession: Be careful what you wish for. You just might get it !
Crazy thing is, I saw this coming last year when trump was elected and pulled out my investments immediately. Seems I was right
It's nothing to do with Trump this has been brewing since the 2018 crash. People can't afford to pay rent let alone the other life essentials
Yes Mr tunbull ,you said the N B N will cost five BILLION, now 20 billion and we do not need it. Dummy.
Dutton is ex cop so a trained lifer.
Donald trump he's the man!
Well its about time Australia became less reliant on the US. Since the 80's Australian manufacturing business has fallen. We need to become more efficient and start trading with other countries.
I love bourbon soundgarden mudhoney nirvana L7 babes in toyland etc they don't produce good bands anymore just good whiskey so aus gov don't copy the canadians just leave it alone
Never depending on US…..
US has been in a recession since 2021, this is more of a 2nd great depression but not even that it's more like the time of troubles
Stop loss in trading will be a miracle to save your $$$ !
The greatest irony in all of this is the simple fact that the only US president in history who has filed for bankruptcy six different times is now going to bankrupt the United States of America.
Turnbullls most intelligent response " it's ludicrous ", yeah like you.
Run away from the US tentacules while you can it will trow you under the Bus like hhe is doing with its other Economic partners
Donald…you are fired
What insanity looks like in the USA
Trump is only in it for his own. Not good for the rest of the world! That is just my personal opinion!
A recession is always a good time for the oligarchs to acquire more wealth at a bargain.
War monger governments are copping it now.
This post is fake on so many levels. And the comments are full of WEF trolls.
The US has lost emotion. Trump shows no emotion. Not even for family. When you have no emotion, you have no heart. When you can’t help a poor country defend its self against a giant bully like Russia. Demanding deals, that all I do is deal he said. If he signs they will be protect, don’t sign, they won’t be protected. That jail house rot right there.
LOL…Trump tanked the economy so he could make a profit…for him and his billionaire friends…
It has to come down
What goes up must go down
Its been overvalued for a long time
Australia destroyed manufacturing and concentrated on digging dirt and selling it
They all thought setting up in china would make them rich
Only due to the politicians making it that way
Ledgislation would have brought it home
However now the country has to rely on other countries goods instead of their own
Cars for example
I strongly believe in moderation. Not too extreme on all things.
Self-inflicted recession. Bravo America. 👏👏👏
when you have a owned house, what would be better than your ownership. i just wouldn't know why there are people who worry about recession. the potentiality of depression could be caused by laziness of the producers,
You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about £170k which has been sitting duck since forever with zero to no gains.
we gotta reorient to europe for security and economic ties
You think tariffs hurt you? suck it you made Aussies home loans double the price, so glad the US is robbing you now. This makes me so happy
Has no clue.
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich