Profile avatar
collectivistreport.bsky.social
I write about politics, economics, and breaking news from a socialist perspective. Follow on my free substack for full articles and posts. Free Palestine 🇵🇸 https://thecollectivistreport.substack.com/
233 posts 457 followers 258 following
Prolific Poster

There are a lot of reasons they’re intentionally tanking the economy right now but number one is softening the job market.

I firmly believe Kamala’s people shut him up because he made her seem like the really bad politician she is

Seems like we are heading for a period of stagnation, no? Prices skyrocketing due to tariffs and the overall trade war, especially energy prices. Atlanta FED forecasting a sustained fall in GDP, i.e. a recession. Seems like these will be happening simultaneously. Scary situation for the future.

i still can’t get over a bunch of rightwingers saying “i can’t wait to make america healthy again by going to steak and shake by eating french fries fried in tallow 🙂” in complete sincerity

One way to understand Ontario’s retaliation is that it’s hitting marginal House members and any fallout on “blue states” is incidental. This is the GOP majority: NY-17 (Lawler in a D+3), NY-1 (LaLota, R+3), NY-2 (Garbarino, R+3), MI-7 (Barrett, R+2), MI-10 (James, R+3), even NY-21 (Stefanik, R+9).

Canadian Prime Minister Justin Trudeau announced a 25% levy on C$30 billion worth of U.S. imports, effective immediately. Tariffs on another C$125 billion in U.S. goods will take effect in 21 days, he added. Live updates here: cnb.cx/4ioQS3o

After mass firings, the IRS is poised to close audits of wealthy taxpayers. IRS agents say that current audits of rich people and corporations could be closed down prematurely. The Treasury Department estimates that the 1% account for $163 billion in unpaid taxes each year.

Trump: American students will be ‘permanently expelled’ or arrested for campus protests

Trump's plan to lower prices coming any day now....

BREAKING: Trump’s 25% tariffs on Canada and Mexico, and 20% on China, are now in effect

China says to impose 15% tariff on imports of chicken, wheat, corn and cotton from United States. - AFP

This is a chart of the 10-year bond yield (longer-term) minus the 3-month (short-term) bond yield. When it goes negative (an "inversion"), it means short-term yields are higher than long-term yields. This is a reliable recession (gray) indicator. It's currently telling us a HUGE crash is likely.

Buckle up

How embarrassing is it when Stephen A. Smith has a much better feel for politics than the entire political consultant class. They get paid 6 figures to create political strategies that win elections. Their current best idea is, “we didn’t move far enough to the right, we need to triple down”

Schumer and Jeffries are veteran losers and anyone not willing to say so should not be taken seriously

The post office, the public library, and the primary school are the three pillars of civilized society, and without them we are nothing.

I had only one semester left to get my diploma when the aggression against Gaza started, destroying everything. I have a chance to finish my semester long distance, but I can't afford the fees. Still I'm working on my thesis. Any donation will mean the world: ko-fi.com/supportmystu...

Chat, is this good?

Democrats who want to move away from small dollar donors are actually Republicans and no, you cannot change my mind:

I cannot stress enough what an insane political strategy this is. Older people vote in much higher numbers than almost anyone else and fucking with their Social Security is a guaranteed method to irreversibly to piss them off Lmfao

Have you said thank you? Did you even once compliment my little sailor suit? Said you've never seen its like? Do you even care what flavor my giant lollipop is?

Incredible chart

They've been getting away with every imaginable war crime on public display for 16 months. The governments of the world have sent them a clear message that nobody will stop them from doing anything they want to Palestinians. That's why they stopped putting any effort into pretending

💯

President Trump’s post about a crypto strategic reserve, in which he mentions specific cryptocurrencies, led to a significant surge in the prices of these digital assets.

I always wanted two republican parties

Jaramana is more or less just straight up a suburb of Damascus— what the Israelis are talking about is a full blown invasion of the Syrian capital under the pretext of protecting a minority group that wants nothing to do with Israel

Andrew Cuomo gave nursing home CEOs legal immunity from lawsuits amid the COVID massacre, as he raked in cash from health care industry donors. Now that thousands of New York City residents are dead, he’s asking voters to reward him with the mayoralty. www.levernews.com/investigatio...

The most immediately glaring and significant point about the Trump-Zelensky dustup is that Trump isn't laying that same kind of smackdown on Netanyahu right when the Israeli government is refusing to honor the Gaza ceasefire deal and move it to its second phase as agreed.

We just brought Andrew Tate back to the US from house arrest in Romania after he raped and trafficked teens

They want Cuomo to win because he's the best chance to prevent an actual progressive from taking the NYC mayorship and keeping the network of corrupt "moderates" in power

I don’t even know how this could be presented as being in service of anything other than hindering scientific progress.

A week of economic statistics. Surely things are going well 😁

a short story

Reminder that a decline in inflation doesn’t mean lower prices, it simply means prices rise at a less steep rate. People are still struggling to afford the basics. Lower spending is a reflection of that. We live in an economy of greed which places profits above people’s lives and livelihoods.

huh i wonder why the trump administration lied about releasing the full epstein files

periodic reminder that the national democratic party is controlled opposition willingly working with republicans to make fascism happen

The Trump administration informed hundreds of probationary employees across the National Oceanic and Atmospheric Administration and the NWS that they were fired. The terminations come days before a potential severe weather outbreak in the U.S. and months ahead of the next hurricane season.

Egg production is only down about 4% from last year, but prices have more than doubled. While the industry blames bird flu, critics are accusing the largest egg companies of price gauging. They point to the fact that corporate profits have soared in recent months.