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To: Tilted Irish Kilt

The question I have is whether or not this would throw us into the recession we’ve been concerned about happening.

Or the economic collapse.

How could this affect the stock market?


33 posted on 09/28/2024 5:06:27 PM PDT by metmom (He who testifies to these things says, “Surely I am coming soon.” Amen. Come, Lord Jesus”)
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To: metmom

It depends on how long Biden lets it go before intervening. If prolonged, the hit to the economy in its present state could be very nasty.


36 posted on 09/28/2024 6:03:34 PM PDT by Godzilla (“When tyranny becomes law, rebellion becomes duty” - Thomas Jefferson)
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To: metmom; thegagline; Liz
(As state in the article): --+transportation analysts at J.P. Morgan said Thursday in a research note that major shipper and logistics company Maersk
has estimated that it would take four to six weeks to work through shipping backlogs for each week the ports don't operate. "

This would definitely throw the US economy into a "Froot Loop" condition.
Biden has already stated that he would not interfere in a strike deadline, ..even if he was on vacation again at a Delaware beach resort.
The mood is gloomy as this would affect inbound (imports, debt) and outbound (exports, income) materials; it may well be that he intends to sabotage whomever wins the November election
whether by inaction, or acting un-Presidential
In election parlance, we refer to this as an 'indolent, pre-teen,'hissey-fit' (!), or the 'F... Y'all' kiss off by someone threatened by the 25th amendment, by Pelousey.

37 posted on 09/28/2024 6:12:53 PM PDT by Tilted Irish Kilt
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