this post was submitted on 30 Apr 2025
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Economy

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[–] ArmoredThirteen@lemmy.zip 0 points 11 months ago (4 children)
[–] besselj@lemmy.ca 0 points 11 months ago

Already bought most of the electronics and other imported goods I plan on needing in the coming months. Not from Amazon when I can avoid it.

On a positive note, there's a big leopard eating Bezos' face rn.

[–] MrMakabar@slrpnk.net 0 points 11 months ago (1 children)

The US economy shrunk by 0.3% in Q1. However the tariffs only start to hit right now and they will be brutal. As in the US might end up with worse inflation then Argentina. Obviously that is going to crash consumption, which is what drives the US economy. Oh and Trump being as insane as he is managed to drive up treasury rates by his actions during a falling stock market. The US government is already spending like crazy and normal plan is to increase that during as crisis. The sane plan would be higher taxes for the rich, but that is not going to happen.

In other words: It is only getting started!

[–] ArmoredThirteen@lemmy.zip 0 points 11 months ago

How long do you think before that level of inflation hits? I'm trying to move to Sweden but can't get a bank until I'm there, I'm hoping I can move my USD to SEK but don't know where to begin estimating how much time I have...

[–] yesman@lemmy.world 0 points 11 months ago

This article isn't about Amazon dropping 50% of it's shipping volume, it's about moving 50% of it's shipping volume to it's own delivery service. This would have happened in a Harris administration.

[–] kikutwo@lemmy.world 0 points 11 months ago (1 children)

Yes, because Amazon is running it's own air fleet and doing much of the volume itself.

[–] Sc00ter@lemm.ee 0 points 11 months ago

Exactly. Thats one reason companies outsource and use contractors. If their demand slips, they can cut these service contracts faster and easier than if they had to lay off their own, while still retaining the internal skillsets