Mark down March 3, 2025. That was the day Wall Street finally realized that US President Donald Trump was serious about tariffs. On Monday, the S&P 500 fell nearly 2 percent as Trump confirmed what we at the Atlantic Council predicted in February—that the tariffs on Canada and Mexico were not mere threats, but actually likely to be implemented. The stock markets continued to fall on Tuesday as investors processed the news.
A lot of people are maxed out on their credit cards already. A mass CC default isn’t too far off without massive the increases.
I wouldn’t want this for the families, but I would love to see major credit card companies and banks, default and crash
Not because I think it would fix the economy, but because I think they’re stupid for not seeing that high prices, high inflation, tax tariffs and then a lot of borrowing from the public is exactly what happened right before the big crashes in the 1920s 
Lol, don’t be silly, they’ll get bailed out.
Edit: oh and us poors will still owe them them money.