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brainthink.bsky.social
Former video game Producer Product Manager working in tech I like American Presidents that aren’t fascists I’m here for: 🕹️ Video games: strategy, sandbox, open world 💻 Technology: things that help people 🎶 Music: EDM, soulful house, techno, rave
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Looking for reliable information about what’s happening in Ukraine? I highly recommend you follow “Ukraine: The Latest” by the UK’s Telegraph, perhaps the best coverage of the war and all things you can get, and followed by many political and military leaders and thinkers across the world.

Remember what I said earlier this week on how to read where the US economy is heading: consumer confidence about the economy is one of the big indicators. Well guess what? It’s in the shitter. It’s at a 45 year low. Lower than after 9/11. #economics #business #markets #facts #trump #tariffs #us

An excellent interview with Joseph Stiglitz, a Nobel prize winning economist and former chief economist of the World Bank. Stiglitz says eloquently exactly what I believe to be true about the global economy and the economic future of the US, Europe and China. We are cooked under Trump.

What a week. I think it’s fair to say that I’m really depressed about the state of affairs in the United States today. It’s unrecognizable. I tell myself I need to take a break from it and recharge, protect myself. But then I remember how absolutely PISSED OFF I am about it all. Fucking. Livid.

This is what Trump’s tariffs do to average people: US car buyers are stretched economically, 20% of all car loans now are 84-MONTHS or longer. Also, the Audi Q5, Audi’s best-selling US car is made in Mexico, and tariffs now make it 52% more expensive than a month ago. Source: Bloomberg

The moment everyone realize that tariffs on Chinese imports are still 125% and Americans get a LOT of their stuff from there. And the new 10% tariff still stands on most other countries.

So Apple TV has a new sci-fi series coming up called #Murderbot, and it looks amusing. We’ll see. Guess it’ll have to help carry me between #Severance and #Foundation season 3 (whenever that happens).

okay now that you all have gotten a taste of America's rational and predictable new trade policy, everyone who wants to build your new factories here just form an orderly line

C:\> MKMURICA.GRT Error not ready implementing tariffs Abort, Retry, Fail?_ #tariffs #maga #facepalm #meltdown #coward #tyranny #humor #politics #satire

Meanwhile, back in the world of #videogames... Nvidia 5090 based graphics cards are still outrageously priced and in short supply. MSRP is $1,999. They're selling for 2X-3X MSRP. 😭🤯

So now Trump, who wouldn't back down on tariffs yesterday, just backed down and put most tariffs on hold for 90 days. How many trillions of dollars of value and savings were destroyed? How much trust in America was shattered? How much of a massive leg-up did Trump give China? Madness. He's crazy.

China has halted the shipment of rare earths to the US, which are critical to high tech manufacturing in the US. The US gets 70% of these materials from China. The European Union will hit the US with new tariffs on US-made goods soon. This is madness.

China just imposed an 84% tariff on all US imports INTO China. Any products MADE in the US are now almost double the cost. China has the world's largest middle class and will soon overtake the US as the world's largest economy. The Madness of King Trump. #tariff #economy #stocks #politics #us

Day 4 has shifted from Asia to Europe, and the Trump tariff fallout continues. Hang Seng (Hong Kong) bucked the trend when Beijing said it would bolster its economy despite the tariffs. The US consumes *only 15% of China’s exports - we need them more than they need us.