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Wall Street Panic: Tariffs Gut US Economy as Inflation & Jobs Data Flash Red
Wall Street Panic: Tariffs Gut US Economy as Inflation & Jobs Data Flash Red
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Another day, another dollar—except that dollar's buying less as protectionism backfires spectacularly.
The tariff timebomb detonates
Washington's trade war chickens are coming home to roost. Fresh economic data shows consumer prices spiraling as import costs get passed down—while hiring stalls in sectors most exposed to retaliatory measures.
Markets smell blood
Traders are dumping cyclical stocks faster than a hot Bitcoin wallet. The VIX volatility index spiked 18% intraday as algos front-ran what humans now fear: stagflation 2.0.
Funny how 'economic patriotism' always means Main Street footing the bill while hedge funds short the rubble. But hey—at least the tariffs are working... for Bitcoin maximalists watching fiat systems implode.
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