EddieJayonCrypto
21 Apr 25
Economist Alex Krüger warns that US President Donald Trump's tariff policies are causing a major selloff of US assets, potentially leading to a serious economic recession. He urges a reduction in tariffs to avoid recession, a Democratic midterm landslide, impeachment, and a shift toward socialism. K...
Economist Alex Krüger warns that US President Donald Trump’s tariff policies are driving the country toward severe economic turmoil and a likely recession unless tariffs are reduced.Krüger predicts that if tariffs remain high, the US faces a serious recession, a Democratic landslide in the midterm elections, possible impeachment proceedings against Trump, tariff rollbacks, and a potential shift toward socialism.In a surprising twist, Bitcoin appears to be decoupling from the stock market, showing strength despite falling stock prices. Krüger highlights a possible Bitcoin rally to $92,000 in the coming months.He outlines three economic scenarios based on tariff outcomes:• Scenario 1: Reduction of tariffs to 10% plus a deal with China by early July, leading to a market surge.• Scenario 2: High tariffs persist with Europe and China, mirroring downturns like those in 2008 or 2022, resulting in initial bounces followed by deeper market pain and recession.• Scenario 3: A volatile mixed scenario, with Bitcoin positioned for a bounce; if Bitcoin breaks $88,000, a rise to $92,000 could follow.Currently, Bitcoin trades at $88,062, up 4.3% in the last 24 hours, underlining its potential as a hedge amid economic uncertainty.Krüger emphasizes that reversing tariff policies is crucial to avoid economic disaster and encourages agreement to stabilize markets and the economy.