Trump sitting on ‘ticking time bomb’ poised to send US into ‘permanent’ recession: expert

>A growing number of CEOs suspect a market crash is imminent but have been “scared” to say so publicly out of fear of retaliation from President Donald Trump, and on Tuesday, one security expert warned that such a crash may not only be imminent, but “permanent.”

>“If nothing is done about the current situation, Trump’s looming recession could blow a deep hole in the economy,” warned former Homeland Security senior official Miles Taylor in an analysis published Tuesday on his Substack. “So deep that – if it happens before we’re ready – many folks may never be able to crawl back out. That’s because two explosions could hit the U.S. economy at the same time.”

>The first of the “two explosions,” Taylor warned, was the ongoing U.S. war against Iran, a conflict that has already sent prices skyrocketing, both domestically and abroad.

The country will be the seventh Trump bankruptcy

JFC

Recessions can’t be permanent! I hate this administration as much as the next above-average educated American, but these stupid fucking stories from Rawstory don’t help.

Stop consuming bullshit like this.

It will be a narrative such as those that kicks off the end of the economy but itt will be the private credit balance sheet that actually does it. What I don’t understand is why more people aren’t talking about this or even realizing it. I guess that’s why they call it a shadow balance sheet.

Small spark → equity selloff → PE exits freeze → private marks get challenged → refinancing shuts → defaults rise → funds gate withdrawals → pension/insurer losses → broader credit tightening → layoffs accelerate → broad AI implementation → the end of the middle class