{"id":103973,"date":"2025-10-29T10:20:08","date_gmt":"2025-10-29T10:20:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/103973\/"},"modified":"2025-10-29T10:20:08","modified_gmt":"2025-10-29T10:20:08","slug":"viral-finance-expert-says-youll-probably-lose-in-us-now","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/103973\/","title":{"rendered":"Viral Finance Expert Says \u2018You\u2019ll Probably Lose\u2019 in US Now"},"content":{"rendered":"<p>Scanlon is a financial content creator who recently wrote in The New York Times on how working-class Americans mostly stand to lose as the US economy is almost &#8216;predatory&#8217; for them and largely defined by froth. She believes the rich now always has a greater chance of winning with Trump&#8217;s tax cuts. <\/p>\n<p>&#8220;<a href=\"https:\/\/www.ndtvprofit.com\/global-economics\/trump-says-hell-raise-canada-tariff-by-10-after-reagan-ad\" rel=\"nofollow noopener\" target=\"_blank\">Tariffs <\/a>are being used like &#8216;poker chips&#8217; and the stock market prices are now largely being driven by sentiment rather than fundamentals.&#8221; As per Scanlon, the public sector has stepped back as a stabilizer, and the private sector has rushed in as a gambler, putting the economy under pressure.<\/p>\n<p>For the US economy, the OECD forecasts a slowdown to nearly 1.8% growth in 2025, a significant drop from levels in 2024. S&amp;P Global indicates that a &#8220;below-trend&#8221; growth will persist through the end of the year.\u00a0<\/p>\n<p>&#8220;What he has ushered in instead is a casino economy, built on speculation and risk. Across markets and policy, wagers on the future are being made with other people\u2019s money at a cost that could prove catastrophic,&#8221; said Scanlon.<\/p>\n","protected":false},"excerpt":{"rendered":"Scanlon is a financial content creator who recently wrote in The New York Times on how working-class Americans&hellip;\n","protected":false},"author":2,"featured_media":103974,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,23140,54,184,85,46,2383,9594],"class_list":{"0":"post-103973","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-casino","10":"tag-donald-trump","11":"tag-economy","12":"tag-il","13":"tag-israel","14":"tag-trump-tariffs","15":"tag-us-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/103973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=103973"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/103973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/103974"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=103973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=103973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=103973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}