/r/economicCollapse

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Articles and discussion relating to economic collapse. Topics may include (but are not limited to) inflation, deflation, the financial system, debt, economic instability and preparing for crisis.

Articles and discussion relating to economic collapse. Topics may include (but are not limited to) inflation, deflation, the financial system, debt, economic instability and preparing for crisis.

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Related Subreddits:

/r/collapse

/r/econmonitor

/r/economiccollapsememes

/r/economy

/r/finance

/r/preppers

/r/REBubble2021

/r/stockmarketcrash

/r/economicCollapse

257,710 Subscribers

6

Talking to My Friends from Home

1 Comment
2025/02/02
12:05 UTC

4

Are we great yet?

0 Comments
2025/02/02
11:35 UTC

101

Damn it’s almost like they didn’t think this through even a little.

46 Comments
2025/02/02
10:48 UTC

7

How will Canadians feed themselves?

A massive amount, 65% of Canada's food imports come from the US. How will they feed themselves?

1 Comment
2025/02/02
10:39 UTC

13

An apology to the innocent people of Germany, Russia, Cuba, Northa Korea etc

All my life I have asked myself "how could the people just stand around and let it happen?"...how could they watch the monsters take over, change the laws, steal their rights so publicly?....and I thought so little of those people.

I have now lived to see this happen in the USA....I am heart broken for those people and on reflection I feel I owe all of the innocent people of the above mentioned countries and any other like them an apology for thinking them weak and subordinate.

I truly am sorry.

Can we make America free again?

13 Comments
2025/02/02
10:17 UTC

4

Ben Stein Ad-Libbed the part about the Smoot Hawley Act of 1930 in Ferris Bueller's Day Off

The Smoot-Hawley Act of 1930 is widely regarded as one of the worst policy decisions during the Great Depression. It did not help the economy and likely made the situation worse.  

The Smoot-Hawley Act was intended to protect American farmers and businesses by raising tariffs on imported goods. However, it had the unintended consequence of triggering retaliatory tariffs from other countries, leading to a sharp decline in international trade. This decline exacerbated the economic downturn and contributed to the severity of the Great Depression.  

The Smoot-Hawley Act is a classic example of how protectionist trade policies can harm the overall economy. By reducing competition and raising prices, it ultimately hurts consumers and businesses alike. The act is now seen as a cautionary tale about the dangers of protectionism and the importance of free trade.

0 Comments
2025/02/02
09:56 UTC

2

Ted Cruz asked Trump to give Thomas Sowell the Presidential Medal of Freedom. Thomas Sowell on Trump's tariffs in 2018: Uh,oh...

2 Comments
2025/02/02
09:27 UTC

35

Never heard of a country tariffing the shit out of its own cars, but here we are.

Auto parts cross our northern AND southern borders multiple times before they end up as complete cars. The tiny fingered, Cheeto-faced, ferret wearing shitgibbon is an utter moron. I expect the stock market to tank on Monday, and our entire economy to be thrown into chaos. Canada is being smart by targeting red states for retaliation. I cannot believe how he's turning our allies into enemies. Buckle up everyone!

17 Comments
2025/02/02
08:38 UTC

0

9 days ago, I asked, but maybe the moment wasn’t right, so I’m asking again…

What if we liquidated as much of our accounts and converted as much as we could to cash? (Or, even just reallocated to investments with far lower returns? What if we divested instead of invested?)

Yes, bank runs, blah blah blah. Historically, they happened as a result of panic. But I’m asking you to do a deep think here…

What if you do it intentionally, somewhat gradually? Let the banks see their reserve requirements dwindling.

Edit: my train of thought is that, we’re already headed towards a wild ride in the current economy, so what alternative/underground economies can exist? What do underground/shadow economies run on? And the movie answer is always cash. It’s physical/less immediately traceable. Its main drawback is that it earns no interest. But less interest means less skim.

Other top posts ask “what can we do about the craziness that’s happening?” Well, this is one thing we could do…

3 Comments
2025/02/02
07:49 UTC

1

What do you think about this particular segment of the conversation between JD Vance and Margaret Brennan of Face the Nation?

MB: You campaigned on lowering prices for consumers. We've seen all of these executive orders—which one lowers prices?

JD: We have done a lot, and there have been a number of executive orders that have already caused jobs to start coming back into our country, which is a core part of lowering prices. More capital investment, more job creation in our economy is one of the things that’s going to drive down prices for all consumers but also raise wages so that people can afford to buy the things they need.

If you look at our executive orders—no, Margaret, prices are going to come down, but it’s going to take a little bit of time. The president has been president for all of five days. I think that in those five days, he's accomplished more than Joe Biden did in four years. It’s been an incredible breakneck pace of activity. We’re going to work with Congress, we’re of course going to have more executive orders, and we’re going to try.

The way that you lower prices is that you encourage more capital investment into our country. You asked specifically what executive order is going to help lower prices. All of the actions we’ve taken on energy—exploring more energy reserves, developing more energy resources in the United States of America. One of the main drivers of increased prices under the Biden administration was a massive increase in energy prices. Donald Trump has already taken multiple executive actions that are going to lower energy prices, and I do believe that means consumers are going to see lower prices at the pump and at the grocery store.

But it's going to take a little bit of time. Rome wasn’t built in a day, and while we've done a whole lot, we can’t undo all of the damage of Joe Biden’s presidency. There were a lot of things that contributed to higher energy prices. There was record oil and gas production, but Joe Biden did many, many terrible things to lead to an increase in prices.

MB: But all the things you experience at the grocery store—those are what people touch and feel. That’s what you were talking about, bacon, on the campaign trail.

JD: Of course. How does bacon get to the grocery store? It comes on trucks that are fueled by diesel fuel. If diesel is too expensive, the bacon is going to become more expensive. How do we grow the bacon? Our farmers need energy to produce it. So if we lower energy prices, we are going to see lower prices for consumers, and that is what we’re trying to fight for.

MB: The flurry of executive orders—most of them weren’t about the economy.

JD: Many of them were, though, Margaret. By February, we had taken over 200 executive actions—some executive orders, other executive actions. Again, this is in less than a week, and a lot of them were focused on the economy, bringing investment into our country, and lowering energy prices. We've also focused on safety, restoring public safety, ending the weaponization of the Department of Justice. We've done a lot, and I think the president is to be commended for actually coming in and doing something with this incredible mandate the American people gave him. He’s not sitting in the Oval Office doing nothing; he’s doing the American people’s business, and I think they’re going to see a lot of good effects from it.

MB: Well, a lot of these announcements have yet to take effect.

JD: Sure. The president did say he wants to do something with an executive order in relation to federal emergency response. He said he may reform or eliminate FEMA. Instead of sending emergency responders, he may start to send a percentage of money to states to take care of themselves. But FEMA

0 Comments
2025/02/02
07:41 UTC

5

Musk and the OPM

What laws were broken? Really want to see him in cuffs and charged as an enemy of the state ( which i believe he is).

1 Comment
2025/02/02
07:25 UTC

0

Why is Mexico & Canada punishing their own people?

First, I'm not a fan of the clown in the office.

The majority of Reddit is saying the tariffs are hurting the everyday people in the US, NOT the countries producing and exporting the goods to the USA.

If that's true, why Canada & Mexico decided to hurt THEIR OWN people and implemented tariffs on goods imported from the USA? Aren't their governments any better than Trump?

Will I get at least one honest reply?

6 Comments
2025/02/02
07:19 UTC

0

Is raising unemployment the actual goal of using tariffs against Canada, Mexico and China?

Is the ultimate goal of the administration to raise the unemployment rate in the United States to lower wage growth and ultimately reduce inflation?

That seems like the only reasonable thing that makes sense why as a nation to do this?

Make things so expensive that the trickle down effect is for companies to reduce staff and increase cost of goods to us.

What do you all think?

2 Comments
2025/02/02
07:19 UTC

1

Catching up

So, how does the economy catch up to crypto or get in to crypto if we can’t afford it? Since, Silicone Valley is making things to their ideology…..

1 Comment
2025/02/02
07:15 UTC

7

Does anyone care about the Super Bowl with the country burning to the ground?

8 Comments
2025/02/02
07:05 UTC

10

How Will Trudeau’s 25% Tariff Impact Americans?

Just read that Canada slapped a 25% tariff on $155 billion worth of U.S. goods in response to Trump’s trade policies. Honestly, this feels like history repeating itself.

We’ve seen how these trade wars play out before—higher prices for us, not them.

Corporations won’t absorb the cost; they’ll just pass it down to consumers. And once prices go up, they rarely come back down.

It reminds me of the 1929 tariff war that helped trigger the Great Depression. Yet here we are again, playing the same game.

At the end of the day, Trump, Musk, and the billionaires won’t feel it—but everyday Americans will. Groceries, gas, and essentials? All about to get pricier.

Is this really the win some people think it is?

https://preview.redd.it/1gifkvcwdoge1.jpg?width=1440&format=pjpg&auto=webp&s=5018e99ca595a3ce30a4c63b62cc6873cbc09b2c

24 Comments
2025/02/02
06:52 UTC

4

Is it just me or is everyone roasting trump right now?

Sooooo i have barley been able to find any good headlines about Trump doing a good job rather, I see mass backlash against him and elon on X, plane crash headlines, multiple media sources saying prices are about to rise. Am i tripping or is this what everyone else is seeing?

30 Comments
2025/02/02
06:46 UTC

1,192

America definitely needs liberation

32 Comments
2025/02/02
06:42 UTC

0

Canada And Mexico Know They Already Lost - It's just theatrics a this point. They will fold next week, classic checkmate.

6 Comments
2025/02/02
06:33 UTC

29

I can't help but think this Oligarchy has ongoing plans... and we are in for a ride...

6 Comments
2025/02/02
06:15 UTC

1

Tariff doubts

Hey guys, im an international student in US and i have a question.Are the Americans going to be affected by these prices or Canada and Mexico? Because I think it's gonna increase the living cost for Americans and your strongest trading partners are going to sell more stuff to China and EU right? And why is he implementing tariffs?

0 Comments
2025/02/02
05:26 UTC

3

Should we begin preparing for the collapse?

I feel like things are inevitably going to get much worse. There’s no way we can go back to normal and have someone save the day, especially when we know how corrupted this system inherently is.

With that to say, should we begin to prepare for something that feels almost post apocalyptic? Getting shelf stable food, guns/ammo, practical items.

View Poll

1 Comment
2025/02/02
05:11 UTC

3

Legal Experts? Why should CA pay Federal taxes?

California should refuse paying federal income tax and announce a state trade partnership with Canada.

Why not?

5 Comments
2025/02/02
04:59 UTC

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