3 ms·

Is this backlash against the US or indications of a recession that is starting?

• abnercoimbre 1y ago
  I'm trying to figure out the same. Por que no los dos?
• leephillips 1y ago
  I agree with the suggestions in the article that we are seeing the beginnings of a global economic slowdown caused by Trump’s trade policies and an understandable anti-US backlash.
• mrweasel 1y ago
  There is certainly a backlash against certain US based businesses, but I doubt LWN is on the receiving side of that backlash. It could be, but I'd be surprised. I think it is much more likely that people are being more frugal in their spending, as a precaution. Sadly something like LWN is fairly easy to eliminate from your budget. Given the uncertainty the Trump administration has generated, I think a recession could be a self-fulfilling prophesy. Technically the economy might be strong enough, but we don't know Trumps long term plans, or even his plans for next week, so precautionary spending restrictions may end up triggering a recession of sorts. There are so many project and organisations, similar to LWN, that I want to support, but it adds up quickly if you're not careful.
• mongol 1y ago
  It may be irrational but I cancelled a substack subscription of a US-based writer that was highly critical of Trump. On one hand, it is counter productive, but on another hand my spending is limited and I will do my utmost to support the European economy instead.