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Wednesday, August 06, 2025
Donald Trump claims America is "the hottest country anywhere in the world". On Wall Street, there are plenty of signs that this is true. But underneath the gloss of an artificial intelligence boom and surging Wall Street profits, all is not well. America is grappling with an alarming jobs slowdown, a frozen housing market, a small business crunch and crumbling consumer confidence. The US president may have delivered a booming stock market, but economists warn he is pushing many sectors into recession. His working class Maga support base will be the worst hit. |
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