The Bitchuation Room with Francesca Fiorentini
@franifio·283K subscribers·2.7K videos
How To Prepare Yourself For Trump's Recession, w/ Chelsea Fagan
Posted
May 13, 2025
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May 13, 2025
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3:41Now PlayingThe Trump recession is starting to look inevitable. What can you do to prepare? Chelsea Fagan of The Financial Diet gives her advice on what you should and shouldn’t do.
After just a few months in office, it looks like the economy is heading for a recession thanks to Trump. Supply lines are drying up because of the tariffs, companies are expecting to layoff workers due to economic uncertainty, and the stock markets have been understandably volatile. No one would blame you for wanting to get your money out of the bank and bury it in the backyard. It’s not time to panic just yet!
As scary as the word recession is, it is also a bit misleading. Some economists say we are already in a recession, others say we are heading for one. Some people have been living under recession conditions since the Biden administration, despite those who pointed to the stock market saying things were never better. The economic reality is complex, and you shouldn’t give in to alarmist thinking right now.
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