So Trumpees are all cheering for the guy that just enacted the same tariffs that caused the Great Depression....this could almost go in WTF and Clown World....just can't make this shit up.
I know so many people who quit their jobs to become disability carers and are making a mint, but there is so much waste, fraud and negligence going on that this is not going to end well for anybody.
Disability advocacy service in administration amid grant funding investigation
Trumpers are now okay with a homosexual Multimillionaire Treasury Secretary telling them to suck it up when they do things to make the stock market crash and lose their money, they just gotta trust the plan, Trump's going to make them rich.
The Chinese tariffs will include a levy of 15 percent on U.S. products like chicken, wheat and corn, as well as 10 percent on products like soybeans, pork, beef and fruit.
Look they've got their hearts in the right place (though I feel this is not a grass roots organic protest but organized by them, and it's just come out that the organizer was previously registered as a sex offender) however this is like cutting off your nose to spite your face. The Atlanta Fed just came out and forecast a recession is coming, so with Trump and techbro sacking thousands of gov employers who have propped up this fake economy (gov is the largest employer of Americans) staged "economic blackouts" like this is just going to push America into a depression even faster...but it seems that's what they want and they are wasting no time now destroying what's left of the American economy.
I've posted about this before and how it saddens me to see these sewing/craft stores closing down, I feel the act of creating, sewing, knitting is a form of meditation for me. It's the older ladies that are going to feel this the most because they don't really shop online and that's soon going to be their only option. Not to mention buying fabric online can be very hit and miss too (though I am sure there will be smaller fabric stores still operating they will probably just be a little more expensive).
Crafts retailer Joann going out of business; 19,000 jobs lost
Bankrupt arts and crafts retailer Joann will close all of its stores, after its restructuring plans faltered and a liquidator agreed to buy its assets.
I'm actually happy to hear this, these iconic Australian surf brands started off as very small local surfboard makers and clothing retailers, I was a bit of a surfer chick in my youth and lived in their clothes, then they sold out to the big corporations and their creativity was stifled and trashed and it all just turned into a profit making machine...so yeh glad to see them crash and burn.
When the economy starts crashing he's going to sack all the Fed members and take full control of the Fed himself and his brainless sycophant fanboys will cheer him on....the orange fuhrer must have full control of everything...mark my words...
As a fellow crafter ... my sympathies are with all the crafters in the US, this is a fucking travesty! 😭 lol..okay so I may be being a little dramatic but as I just said I'm a crafter 😉
Thanks for the offer sister but thankfully we have a craft mega store similar to Joanns here called Spotlight and it's still fully stocked and not bankrupt (yet) , I do most of my shopping online though but whenever I get an opportunity to walk through Spotlight I'm in crafter heaven lol my fabric stash is ever increasing ;)
The Japanese company will dismiss 9,000 workers and cut a fifth of its manufacturing capacity after net income plummeted 94% in the first half. Nissan also will sell off some of its stake in Mitsubishi Motors Corp. after burning through ¥448.3 billion ($2.9 billion) in cash the last six months.
Because you dumb fucks, inflation slowing doesn't mean prices are going down it just means that they are not rising as fast. They really do believe they can gaslight the masses who are losing their jobs and struggling to pay their bills that everything is just awesome....and sadly for the most part they can.
It fucks me off too and especially when they look at you like you're the dumb one or if you question their belief, you are the one that stinks! The fuckers probably deleted the article.
All gold will eventually be confiscated, people know that right? It's not like they haven't done it before so it really amazes me how people delude themselves they're not going to do it again after they collapse the financial system.
Remember when I said enjoy the cheap oil while it lasts because there's going to be a time oil will be around $200 a barrel...that could be a lot sooner than we think...
“The direct involvement of Iran, an OPEC member, raises the prospect of disruptions to oil supplies,” ANZ Research said in a note, referring to the conflict.
China has been relying on its manufacturing might and export engines to offset the drag from a slumping property market and keep its growth target in sight.
On the property front, the latest data was also discouraging.
The value of new-home sales from the 100 biggest real estate companies fell 26.8% from a year earlier to 251 billion yuan ($35.4 billion), faster than the 19.7% decline in July, according to preliminary data from China Real Estate Information Corp.
Iron ore is crashing iron man....for those with eyes to see....
While the collapse in iron ore has weighed heavily on the sharemarket – BHP alone has tumbled more than 22 per cent this year – it is yet to be felt by the Australian government, due to its low-ball forecast in May that prices would be about $US60 to $US70 tonnes by March next year.
Treasury analysis shows that a $US10 a tonne drop in prices below its forecasts inflicts a $2.4 billion hit to revenue in 2024-25 and $4.5 billion over two years.
And with the price of Australia’s key export sinking rapidly, Westpac projects the gap between spot prices and Treasury forecasts may reach $US25 a tonne by the end of December, threatening the government’s hopes of delivering a budget surplus in the same year as the election.
LL Flooring, formerly known as Lumber Liquidators, has filed for bankruptcy in Delaware, saying it is nearly $110 million in long-term debt. The filing comes with the announcement that 94 locations nationwide will be closing, including three in Pennsylvania.
So literally half the country have been locked out....I just wonder when Millennials and GenZers are going to wake up? They've literally been completely screwed over by the system and yet continue playing into it, it's almost like they suffer from Stockholm syndrome.
Yes because being too fucking broke to afford to keep buying shit is Americans "refusing" to pay higher prices...these media propagandists are next level, was almost going to post this in clown world.
Wix stopping pissing around! I've posted this twice and it wasn't showing for some reason....third time lucky!
'We can’t afford anything': Inside Glastonbury's growing van dweller community'
https://www.itv.com/news/westcountry/2025-04-15/we-cant-afford-anything-inside-glastonburys-growing-van-dweller-community
'We can’t afford anything': Inside Glastonbury's growing van dweller community
Wow! Bravo Franco!!!
Sanchez and Planas are heading to Beijing later this week to forge closer economic ties amid the global fallout of U.S. President Donald Trump's tariff policy, seeking to position Spain as an interlocutor between China and the EU and attract Chinese investment. Spain defends closer trade ties with China after US warns against 'cutting own throat'
Nothing but distraction, it's not going to be the orange fuhrer's tariffs that trigger the coming collapse of the western financial system...
Trump suddenly backs off major tariff plan after days of economic and market turmoil
The pause didn’t apply to China, which has retaliated — with 84% hikes. Trump instead raised duties for it to 125%, effective immediately.
https://www.nbcnews.com/business/economy/trump-tariffs-president-announces-90-day-pause-what-to-know-rcna200463
Tariffs on China set to rise to at least 104% on Wednesday, White House says
https://edition.cnn.com/2025/04/08/business/trump-china-tariff/index.html
Dow futures tumble more than 1,500 points as the massive market sell-off continues
https://edition.cnn.com/2025/04/06/business/stocks-futures-sunday-tariffs/index.html
So Trumpees are all cheering for the guy that just enacted the same tariffs that caused the Great Depression....this could almost go in WTF and Clown World....just can't make this shit up.
Tesla sales plunge: Biggest decline in history
https://edition.cnn.com/2025/04/02/business/tesla-sales/
Stellantis to temporarily lay off 900 US workers as tariffs bite
https://www.reuters.com/business/autos-transportation/stellantis-says-will-temporarily-lay-off-900-us-workers-following-tariff-2025-04-03/
US stock market plunges after Trump tariff announcement, as Canada retaliates
Of course he couldn't care less, Trump fucking despises the poor and poor to him is anybody who is not a billionaire.
Trump says he ‘couldn’t care less’ if foreign automakers raise prices due to tariffs
https://www.nbcnews.com/politics/donald-trump/trump-says-couldnt-care-less-automakers-raise-prices-tariffs-rcna198731
Kohl’s to close 27 stores across 15 states
https://www.mlive.com/news/2025/03/kohls-to-close-27-stores-across-15-states.html
I know so many people who quit their jobs to become disability carers and are making a mint, but there is so much waste, fraud and negligence going on that this is not going to end well for anybody.
Disability advocacy service in administration amid grant funding investigation
https://www.abc.net.au/news/2025-03-25/sa-disability-rights-advocacy-service-in-administration/105089826
Brick-and-mortar retailers are expected to close 15,000 stores this year, more than double the number last year
https://moneywise.com/news/economy/brick-and-mortar-retailers-expected-to-close-15000-stores-this
"Hey losing all your money on the stockmarket is healthy you dumb muthafukas" - Sec. Scott"the multi-millionaire" Bessent
Dollar General to close nearly 100 stores: What we know
https://www.wane.com/top-stories/dollar-general-to-close-nearly-100-stores-what-we-know/
I found this video very informative:
The 2025 “Nightmare” Scenario That Could Collapse the US Economy
Go on...buy the dip clowns! 😂
The Chinese tariffs will include a levy of 15 percent on U.S. products like chicken, wheat and corn, as well as 10 percent on products like soybeans, pork, beef and fruit.
"Ontario started a 25% surcharge Monday for the electricity it exports to three U.S. states." ...feeling rich yet Trumpers? 😂
😂
Look they've got their hearts in the right place (though I feel this is not a grass roots organic protest but organized by them, and it's just come out that the organizer was previously registered as a sex offender) however this is like cutting off your nose to spite your face. The Atlanta Fed just came out and forecast a recession is coming, so with Trump and techbro sacking thousands of gov employers who have propped up this fake economy (gov is the largest employer of Americans) staged "economic blackouts" like this is just going to push America into a depression even faster...but it seems that's what they want and they are wasting no time now destroying what's left of the American economy.
I've posted about this before and how it saddens me to see these sewing/craft stores closing down, I feel the act of creating, sewing, knitting is a form of meditation for me. It's the older ladies that are going to feel this the most because they don't really shop online and that's soon going to be their only option. Not to mention buying fabric online can be very hit and miss too (though I am sure there will be smaller fabric stores still operating they will probably just be a little more expensive).
Crafts retailer Joann going out of business; 19,000 jobs lost
Bankrupt arts and crafts retailer Joann will close all of its stores, after its restructuring plans faltered and a liquidator agreed to buy its assets.
https://www.axios.com/2025/02/24/joann-fabrics-closing-all-stores-bankruptcy
I'm actually happy to hear this, these iconic Australian surf brands started off as very small local surfboard makers and clothing retailers, I was a bit of a surfer chick in my youth and lived in their clothes, then they sold out to the big corporations and their creativity was stifled and trashed and it all just turned into a profit making machine...so yeh glad to see them crash and burn.
Bank cuts interest rates and warns the outlook for the economy has worsened
Tech giant Workday lays off 617 workers in Bay Area hometown
https://www.sfgate.com/tech/article/workday-lays-off-617-bay-area-workers-20149231.php
When the economy starts crashing he's going to sack all the Fed members and take full control of the Fed himself and his brainless sycophant fanboys will cheer him on....the orange fuhrer must have full control of everything...mark my words...
Adidas to axe up to 500 jobs at headquarters, source says
https://finance.yahoo.com/news/adidas-axe-500-jobs-headquarters-140948178.html
As a fellow crafter ... my sympathies are with all the crafters in the US, this is a fucking travesty! 😭 lol..okay so I may be being a little dramatic but as I just said I'm a crafter 😉
3600 just laid off....
Party's literally over folks.
To the moon you greedy fucks...😂
Bay Area tech company Chegg lays off hundreds more, CEO blames Google and AI
https://www.sfgate.com/tech/article/bay-area-chegg-layoffs-blames-google-ai-19913481.php
The coming crash is going to be ugly....they're going to make sure of that.
The Japanese company will dismiss 9,000 workers and cut a fifth of its manufacturing capacity after net income plummeted 94% in the first half. Nissan also will sell off some of its stake in Mitsubishi Motors Corp. after burning through ¥448.3 billion ($2.9 billion) in cash the last six months.
Because you dumb fucks, inflation slowing doesn't mean prices are going down it just means that they are not rising as fast. They really do believe they can gaslight the masses who are losing their jobs and struggling to pay their bills that everything is just awesome....and sadly for the most part they can.
"Sweden and Norway rethink cashless society plans over Russia security fears"
https://amp.theguardian.com/world/2024/oct/30/sweden-and-norway-rethink-cashless-society-plans-over-russia-security-fears
💸⌛🎬
More than 400 7-Elevens will close before the end of the year (msn.com)
All gold will eventually be confiscated, people know that right? It's not like they haven't done it before so it really amazes me how people delude themselves they're not going to do it again after they collapse the financial system.
Remember when I said enjoy the cheap oil while it lasts because there's going to be a time oil will be around $200 a barrel...that could be a lot sooner than we think...
“The direct involvement of Iran, an OPEC member, raises the prospect of disruptions to oil supplies,” ANZ Research said in a note, referring to the conflict.
Vail Resorts to lay off 14% of corporate workforce
https://www.9news.com/article/money/business/vail-resorts-colorado-layoffs/73-e30f1c49-d724-44f4-ae22-9cceedaff947
Behind a paywall but " HSBC hit by 6 fold surge in Hong Kong property defaults"
https://www.ft.com/content/09824227-8959-4ed2-a1ba-a7c7f6b27e4a
Enjoy cheap fuel while it lasts there will be a time when oil goes to $200 a barrel and only the wealthy can afford to drive their cars around.
China has been relying on its manufacturing might and export engines to offset the drag from a slumping property market and keep its growth target in sight.
On the property front, the latest data was also discouraging.
The value of new-home sales from the 100 biggest real estate companies fell 26.8% from a year earlier to 251 billion yuan ($35.4 billion), faster than the 19.7% decline in July, according to preliminary data from China Real Estate Information Corp.
------> Ghost Cities: Why China Really Built Them
‘I live paycheck to paycheck’: 23 Oregon Subway locations suddenly shut down, leaving 200 unemployed
https://moneywise.com/news/economy/subway-franchisee-closes-23-stores
Another one bites the dust...
Translates to: They've been fucking lying to us and they don't care that we know it.
Iron ore is crashing iron man....for those with eyes to see....
While the collapse in iron ore has weighed heavily on the sharemarket – BHP alone has tumbled more than 22 per cent this year – it is yet to be felt by the Australian government, due to its low-ball forecast in May that prices would be about $US60 to $US70 tonnes by March next year.
Treasury analysis shows that a $US10 a tonne drop in prices below its forecasts inflicts a $2.4 billion hit to revenue in 2024-25 and $4.5 billion over two years.
And with the price of Australia’s key export sinking rapidly, Westpac projects the gap between spot prices and Treasury forecasts may reach $US25 a tonne by the end of December, threatening the government’s hopes of delivering a budget surplus in the same year as the election.
What Iron Prices CRASHING Means for the Global Economy
https://www.youtube.com/watch?v=0P3tg2C7V_w
Oh no what will the sheeps do without their constant need to be entertained by the mind numbing brain rot that Hollywood pumps out.
LL Flooring, formerly known as Lumber Liquidators, has filed for bankruptcy in Delaware, saying it is nearly $110 million in long-term debt. The filing comes with the announcement that 94 locations nationwide will be closing, including three in Pennsylvania.
So literally half the country have been locked out....I just wonder when Millennials and GenZers are going to wake up? They've literally been completely screwed over by the system and yet continue playing into it, it's almost like they suffer from Stockholm syndrome.
Yes because being too fucking broke to afford to keep buying shit is Americans "refusing" to pay higher prices...these media propagandists are next level, was almost going to post this in clown world.
None of those things are coming...just a heap of businesses are about to go bankrupt when the anchor store bringing people to their shops closes down.