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People keep claiming WW3 is just around the corner so much that it's lost all meaning. I'm really sick of seeing this claim.
this post was submitted on 18 Jun 2025
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WW3 is knocking on the front door now.
Is it in the room right now?
It kinda feels like it, but I'm not gonna look behind me.
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(2 replies)
Actually of all of those promises I believe inflation is holding steady and pretty low around 2.6% through Trump's term so far. But it's a trend that's been going since July 2024, so pretty much just a continuation of the prior state of the economy?
Either way its surprising given all the fluctuations and instability of the markets with Trump's tarrif threats / inceptions / backdowns - I dunno, I'm not a market guy but the market guys in media don't seem to have an explanation.
I'd guess that steady rate too will also fly out the window if the US declares ~~war~~ special military operation on Iran, so give him time I'm sure he'll mess this up too.
Inflation takes a while. Shocks that affect consumer confidence can actually increase spending temporarily. What's happening in the US right now is that people are spending more in order to get in all their long term purchases (car, tv, phone, computer, kids toys) before some combination of inflation and tariffs push the prices up. But this will only last as long as people's excess of spending money lasts. Then consumer purchasing will, if nothing changes, recede massively.
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(1 replies)
We are not on the verge of WW3. Neither Russia nor China is going to rush to the defence of Iran.
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βpromisedβ
Lol no
It ain't WWIII, authoritarian regimes have a limited shelf life and Iran and Russia are past their expiration dates.
But I thought the Russian-Ukrainian war was supposed to start ww3 like years ago.
Any war that involves NATO (proxy wars included, ofc) could possibly escalate into WW3 nowadays because regional powers have gained greater power to fight back. Maybe that's why the fears today are a bit more warranted? Idk.