Billionaires, CEOs, and Markets Sound Alarm Over ‘Economic Nuclear War’ 🚨
Corporate America and global markets are in a panic as aggressive US tariff policies spark fears of a recession and long-term economic damage. Billionaire investor Bill Ackman, a vocal Trump ally, called the measures an ‘economic nuclear war’ on social media, urging a 90-day pause for negotiations. ‘Trust in the US is crumbling,’ he warned.
‘The trade measures risk destroying global trust in the US as a stable economic partner… It’s a disaster.’ – Bill Ackman
Wall Street’s Recession Warnings 📉
BlackRock CEO Larry Fink revealed that most US CEOs now believe the economy is already in recession, with equity markets potentially dropping another 20% if tariffs escalate. The S&P 500 has already lost $5 trillion since the latest tariff announcements.
Businesses Press Pause ⏸️
A survey of mid-sized CEOs shows 72% are delaying investments, while 53% fear direct financial hits from tariffs. ‘Companies are hedging against chaos,’ said a CBIZ analyst. Critics argue the administration’s ‘take medicine’ approach risks long-term pain, as global partners reconsider US reliability.
With markets and moguls on edge, all eyes are on Washington’s next move. 🌍💬
