Americans can't take the Trump economy anymore
US grocery and gas prices are surging, hitting regular Americans hard, including Trump voters who are now openly regretting their vote.
- Shoppers are posting wild prices: $58 lemons, $30 ground beef, $33 toilet paper, $17 organic eggs, $14 watermelons.
- A Trump voter said she and her fiance work nonstop just to cover groceries and gas, and savings are gone even though they earn more than years ago.
- The Strait of Hormuz still has 103 ships stuck, so shipping disruption from the Iran conflict will take months to clear even if it ended today.
- Mortgage rates hit the highest since August as the war pushes inflation up, and Turkey just dumped nearly all its US Treasury holdings.
- If China, Japan, or Korea also sell US debt, borrowing costs for homes and cars will climb further.
Outlook: Prices and mortgage rates likely keep rising in the near term unless the Iran conflict ends and foreign debt selling slows.