If the bond markets could take an interest in the rule of law/Ukraine/not invading Canada now they're done with the tariff war that would be lovely thankyou, as they now appear to be in charge
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the one good thing about trade policy being run like a game of poker with a drunk chimp is that 'only 10% tariffs on the whole world plus whatever number enters Trump's head for China!' now feels like a great deal, phew, rather than the nailed-on crisis it would have seemed only last year
Well, I guess this is unsurprising. Even at this late stage I made the schoolboy error of believing that Trump meant or understood what he was saying. Although given the general uncertainty, I'd be interested to know the source of the BBC's interpretation.
If I remember rightly it was the bond markets what done for Liz Truss who got her crackpot ideas from Tufton Street think tanks with strong links to the Heritage Foundation of Project 2025 fame.
Seems like Truss was a dry run for insane right wing economics and when that failed they doubled down.
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Seems like Truss was a dry run for insane right wing economics and when that failed they doubled down.
https://bsky.app/profile/prune602.bsky.social/post/3lmf3iwuxlc26