America, the world's largest economy, about to experience huge inflationary pressures after a huge inflationary period, causing consumers to clamp down on spending and encouraging higher interest rates when everyone was hoping they'd be getting cut
China, the world's second largest economy after struggling to avoid deflation for the last 5 years and pumping hundreds of billions into their consumer market to try and prevent it, about to experience huge deflationary pressures, making their insanely high debt basically impossible to manage
The European Union, the world's third largest economy, was struggling to even get off of the ground for the last 15 years, and now is about to face a blow to its manufacturing sector, the only thing propping its largest component economy - Germany - out of recession
Japan, the world's fourth largest economy and the only other industrial economy really relevant to the conversation, being hit by basically the deflationary issues China's about to face while also having had the stagnation issues Europe has had
India, the world's fifth largest economy, is too irrelevant on the global stage to really prop anything up and is even more vulnerable to tariffs given how relatively undeveloped it is
Something like 75% of the planet's GDP is under direct threat of massive contraction. We're fucked famalamadingdong. I mean so fucking fucked. Everyone's throwing stones at each other but we're all passengers on the fucking Titanic here.