Oh, the joys of Liberation Day! Polymarket says there’s a nearly even chance the US will skid into a recession, all thanks to President Trump’s tariff tomfoolery. Markets are quivering like a jelly at a kid’s party!
Trump’s tariff trickery has left the US’ reputation in tatters. Trading chums are off making new plans without us, and the tariff tallies were as accurate as a monkey throwing darts at a map. ππ―
Polymarket’s Crystal Ball Glimpses Gloom
Polymarket, the crystal ball of the internet, has been taking bets on everything under the sun. Last year, it made a splash by foreseeing the election results. Now, it’s painting a rather gloomy picture with a near 50% chance of a US recession. Joy!
The markets were already in a funk, bracing for the worst, but Trump’s Liberation Day tariffs were the cherry on top. He’s slapping tariffs on everyone, even our besties! The minimum 10% tariff is a real doozy, leaving even the most pessimistic traders gobsmacked. π²
And to top it off, the tariff tallies were a mess. One eagle-eyed Twitter detective spotted that the numbers were copied from Wikipedia, as if no one would notice! π΅οΈββοΈ
The crypto world saw these tariffs coming, but boy, did they underestimate the impact! Bitcoin is taking a nosedive, and Polymarket’s recession odds are soaring higher than a kite on a windy day. π
Even if Trump backtracks on the tariffs, Polymarket’s recession forecast might still come true. The mere threat has everyone scurrying to rearrange their trade alliances. Watch out, the world is playing musical chairs, and the US might end up without a seat! πͺ
In a twist of fate, old foes China, Japan, and South Korea are teaming up to tackle Trump’s tariffs. If the world thinks the US is unreliable, they’ll just make new friends. Circle the wagons, folks! π¦
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2025-04-03 10:53