Really don’t think it’s quite sunk in what the US tariffing everyone does to global aggregate demand. All those trade deficits exist because we are the biggest buyer on the planet.
This is the most intense demand shock I have ever heard of.
This is the most intense demand shock I have ever heard of.
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Does that mean inflation around the world goes down?
Squalor, trash in the streets, grafitti on trains, peeling paint in buildings, broken window blinds…
And either way it will take time.
For now, finding 10 magic ponies is more realistic, admittedly.
But the damage is coming so fast.
Trump has arrogated emergency powers to himself separately, if I have that right, and its' what drew the Senate + 4 GOP votes for a crawl back on those.
if you come across an explanation I’d love to hear it. some kind of rules change? how could congress even purport to make that binding given that they make their own rules by 50% vote? wild
but yeah, agree they can’t actually give up the power themselves. (they could stop this at any time! one has to assume GOP wants this)
I am thinking the opposite. Doesn't this pull forward the Milkshake? With us exporting less dollars won't euro dollars dry up? Thoughts?
Gonna noodle on it. Havent spent much time thinking it out yet because it seemed like an insane thing to do.
– Mao Tse-Tung
Complex stuff like modeling ecosystems or the weather. Which of course we’re not doing either, because they defunded all that. 🫠
and so market/finance models have absolutely nothing to compare, past performance is not guarantee etc
Sorry, I'm getting word buffet pulled 1/3T out. My bad. Panic.
(sweet potatoes was my addition in the prompt)
This is the sort of thing we couldn't imagine 15 years ago.
O Canadians, you have many friends and allies across the US rooting for you. We’re making our voices—and yours—heard. peace