I Invented a Popular Kitchen Gadget. Tariffs Will Kill My Business.

And this will be happening a lot too; about 20% of the businesses in the US are unsustainable with current tariffs. If the tariff carnage continues this shuttering of previously-viable concerns will have vast follow-on effects. Depression, of course, but more than that. Somewhere between 40-60% of restaurants and service businesses will close. Entire neighborhoods will empty out as people cannot pay their mortgages any longer. Tent cities will sprout up across the land. Crime will rise and many areas will fall into chaos.

Every time massive tariffs have been enacted in the past, a depression has occurred. This time will be no different.

If you have favorite restaurants, visit them in the next few months. They probably will not be there in a year. And after that, you might not have any money anyway.