Shark Tank's billionaire investor Mark Cuban shared a Tweet on April 6, 2025, regarding the new tariffs and potential scenarios they can cause to the markets. However, on April 7, 2025, he deleted the Tweet and mentioned "no one knows" what might happen and that everyone should "look" at their own circumstances.
On the social media platform, Bluesky, Mark Cuban shared a post on April 6, 2025, sharing his views on the same subject. He mentioned the tariffs and discussed the possibility of it staying in place for "multiple years." If so, we will be in a "far worse" situation than 2008.
"If the new tariffs stay in place for multiple years, and are enforced and inflationary, and DOGE continues to cut and fire, we will be in a far worse situation than 2008," Mark's post on Bluesky read.
Shark Tank's Mark Cuban shares his views on tariffs and their potential effects on the market
On April 7, 2025, Shark Tank's Mark Cuban Tweeted about his previously deleted Tweet. It was about Mark clarifying that no one knows what might happen with the market trends. Because of that, everyone should "look at their own" circumstances and talk to those whose advice they value.
The said Tweet from April 7, 2025, read:
"I decided to delete the last post where I gave my thoughts on the market. As some other rightfully mentioned, no one knows. You have to look at your own circumstances and talk to those whose advice you value."
Sharing more of his thoughts via another social media platform, Bluesky, Mark Cuban wrote a post on April 6, 2025.
He wrote that if the new tariffs were to stay in place for "multiple years" and were to be "enforced," everyone would be in a "worse" situation compared to what happened in 2008. The Shark Tank investor also mentioned DOGE in his Bluesky post.
"If the new tariffs stay in place for multiple years, and are enforced and inflationary, and DOGE continues to cut and fire, we will be in a far worse situation than 2008."
Viewers might remember the 2008 financial crisis, which is also referred to as the global financial crisis. While it was a major worldwide economic crisis, it was centred in the US. It resulted in the great recession that started in the year 2007 and ended by mid-2009.
When Mark Cuban mentioned the situation from 2008, that's what he was referring to. According to him, if the tariffs stay for a few years, then everyone should expect a "far worse" situation compared to what happened in 2008.
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To learn the latest financial trends and news, fans can follow Shark Tank's Mark Cuban via social media, including Twitter (@mcuban).
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