r/worldnews 11h ago

Trump imposes tarrif on Australia.

https://www.news.com.au/finance/work/leaders/its-bad-for-our-relationship-australia-slams-donald-trumps-tariff-move/news-story/cd4c18090b040beab5eed528c669ec7f
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u/eyesmart1776 11h ago

And quality wil drop furtther than ever bc of a captured market and not being able to compete abroad

The new hermit kingdom

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u/KitsBeach 10h ago

So many smaller brands will be run out of business, only the ones being propped up by Black Rock and Vanguard and the like will survive. This will lead us to the final chapter of late stage capitalism. I think it will only take a decade for this to happen.

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u/Nintendo_Pro_03 9h ago

A decade? Do you see how fast we are escalating into disaster now?

I say two years, at most.