The Department of Commerce is about to announce the second-quarter data again, talking about rebounds and the $30 trillion mark, which sounds quite intimidating? Bah! It's all import data that has been beaten up by Trump's erratic tariffs, forcibly 'shaped' like this! This is like pouring two pounds of Red Bull into a dying patient and then shouting on the street, 'Look how energetic he is!' It's wicked and absurd!
The root of the problem is that the folks in the White House treat tariffs like a game of dice! Adding this today, scaring that tomorrow; the policy changes faster than flipping a page. Last quarter, trade directly punched a big hole in GDP, dragging it down nearly 5 percentage points, losing all face! This quarter looks like it 'increased'? That’s because it fell too hard last time, and just recovering a bit is called 'prosperity'? Santander’s old brother said it clearly: 'Two consecutive quarters of GDP are just 'photo scams'! Companies have been beaten dizzy by this series of punches, and besides shrinking back like quails, who dares to invest real money?' This business environment is rotten to the core!
Peeling away the 'trade' and 'inventory' covers, the sickly state of the U.S. economy is impossible to hide:
Common people? Their wallets are cleaner than their faces! It's true that consumption accounts for a large part of the economy, but that little bit of recovery seems like it's just waking up. Last quarter almost stood still! An expert from Oxford pointed out: 'Tariffs are just a way to rob money from the common people in various forms! Prices will eventually rise, and with the little money the common people have, how much can the hungry wolf of inflation bite off? Still consuming? They might as well go drink the northwest wind!' The common people's pockets are empty; any so-called prosperity is nonsense! This is the real root of the problem!
Companies? They're all just lying flat pretending to be dead! Expecting companies to buy equipment and invest? Are you dreaming? Zero growth is considered polite; if there's no shrinkage, consider yourself lucky! Faced with the 'tariff roulette' from the White House, not knowing what the policy will be tomorrow, who dares to throw real money into the fire pit? Uncertainty is like a lump of shit smeared on your face; besides tightly clutching their wallets, what can companies do? The investment engine has stalled; how can they move forward?
The government? Borrowing high-interest loans to buy Viagra! The little rebound in government spending is just a drop in the bucket, utterly useless! Even worse is that (Big and Beautiful Act), pure 'debt poison'! Nonpartisan experts have already calculated: the $36 trillion debt mountain in the U.S. has already crushed people, and this broken law has to pile on another $3.4 trillion! And the result? Over the next decade, the pull on real GDP is a pitiful 0.5% per year! Borrowing money from future generations just to shine a little today? This is a way to cut off future generations!
Even more chilling is the big hole ahead:
The growth in the first half of the year was as slow as a snail, barely reaching 1.5%! The second half? Even harder! If the whole year can maintain 1.5%, that would be a miracle, a huge drop from last year's 2.8%! The bubble blown up by trade distortions will pop with just one poke. With the fundamentals so hollow, how can they move forward? Are they supposed to drink wind?
Labor force? They're cutting their own throats! That chaotic and brutal immigration policy is just tightening the noose around their own necks! Some wise professors have said: 'No matter how powerful AI is, it can't change the fact that there are fewer and fewer people to do the work! They cut off the lifeblood of the labor force and expect efficiency improvements to save them? Dreaming of marrying a wife – that's wishful thinking!' Shouting for growth on one hand while stabbing their labor force's arteries with the other; this logic is unique!
The Federal Reserve? Acting like a big bad wolf! Trump is there jumping up and down shouting for interest rate cuts, while the people at the Fed are likely to keep acting deaf and mute. Experts have said: 'Unless the unemployment rate collapses and there's blood from mass layoffs everywhere, don't even think about lowering interest rates before December this year!" The little bit of monetary policy they have has already been tied up by the specter of inflation and the towering debts, unable to move!
To put it bluntly, the current GDP 'prosperity' in the U.S. is just a carefully planned scam! Using tariffs as a magic wand, muddling the import data into a mess to cover up the weakness of consumption and the dead silence of investment! What about the government? They rely on high-interest loans to maintain a facade! How long can these tricks last? When the trade cover is completely torn away and the day comes when debts are so high they can't even pay the interest, where can the old face of the U.S. economy hide?
Let me ask a straightforward question: When all these 'smoke and mirrors' can no longer work, how many coins do you Americans have left that can still ring? How long can the common people's wallets stay warm? Stop presenting those meaningless data; give us some solid facts!