This website is used for posting daily business rants about the global economy, encouraging a political tailspin to each opinion. All points of view are welcome and will not be controlled by a moderator’s point of view. The blog supports business points of view from the Right (Conservative), Left (Liberal) and Independent political paradigms allowing guest authors to express their opinions regarding a potential upcoming recession.
The authors of this blog vehemently predict a recession coming in 2026, and spiralling downwards in the months, quarters and years to follow. We request our authors to articulate their economic predictions backed by objective, factual events or statements.
Federal Reserve Board Chairman Jerome Powell has a major decision to make tomorrow regarding the first interest rate cuts in 2026. Will Powell inject the economy with new life tomorrow with an interest rate cut? Or, will he take the latest DOJ investigates personally and increase the interest rates, or keep the interest rates nuetral?
Rizzo
The European Union Stock market crashed today as a direct result of the Tariffs they plan to face on the transfer of Greenland from Denmark to the US.
Greenland, a Danish territory will swallow 10% tariff on all goods sent to the US on 2/1/26, February 1st, 2025. They are not alone…Britain, Germany, France, the Netherlands and Finland are standing behind Denmark and will also incur these new EU tariffs. If Greenland is not sold to the US by June 1st, the tariffs will increase to 25%.
The UN predicts worldwide economic expansion will retract this year by 2%.
The world economy is heading for a modest slowdown this year as Trump’s trade barriers take a heavier toll and political uncertainties mount, according to the United Nations’ latest economic forecast released Thursday.
The German and French finance ministers said on Monday that European powers would not be blackmailed and that there would be a clear and united response to US Governments threats of higher tariffs over Greenland.
The 3 outstanding questions which will be answered in the months ahead are:
1.How will these European Union NATO countries retaliate?
2.What will happen to NATO as an overall organization?
3.How will this issue impact the US and global economy in 2026?
2 major events occurred today that are going to bring the economy to its knees this year:
1.Tariffs put on countries doing business with Iran. China does business with Iran. China is the 2nd major economy in the world and developing its own competing AI products with US and the world.
2.Attack on Federal Reserve. Fruity Ass Powell facing a lawsuit from the US government. The stability of the fed reserve is the backbone of the US Dollar.
Rizzo!
NoFluffBizRants 