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marychilds.bsky.social
a cohost of 🌏💰 and author of The Bond King mchilds at npr dot org Signal @marychilds01
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Playing ‘whack-a-mole’ with Meta over my fraudulent avatars - Martin Wolf writes here about his battle to quash the spread of a deep fake video purporting to be him. He writes: How is it possible that a company with such huge resources cannot deal with this? www.ft.com/content/80d9...

In February 2020, active news readers were aware of the coming pandemic but not the mass public. I’m getting the same sense of dread about how the trade wars are gonna hit the U.S. economy over the next few months unless Trump figures out an artful way to capitulate.

I love that they’ve come up with everything but paid maternity leave

if u need a diversion, this @planetmoney.bsky.social about how to price an egg is so delightful as to be, i think, a perfect podcast episode www.npr.org/2025/04/18/1...

NEW @npr.org EXCLUSIVE: A whistleblower tells Congress and NPR that DOGE may have taken sensitive labor data from the NLRB and hid its tracks. It's possible that the data included sensitive info on unions, ongoing legal cases and corporate secrets. A must-read from @jennamclaughlin.bsky.social:

From the "Buy Canadian" movement, to not traveling south of the border, to removing interprovincial barriers to trade, Canadians are unifying behind a massive boycott of the U.S. www.npr.org/2025/04/11/1...

How do you run a business when a trade war is brewing? As President Trump’s tariffs take effect, businesses are trying to navigate the uncertainty. In today’s episode: how one Canadian nut business is trying to manage the chaos.

At the heart of President Trump’s tariffs is this idea that we should not be buying more from other countries than they are buying from us. That we should close the trade deficit. But why? In our latest: we tackle your questions.

"Until now, the dirty secret of the global dollar system has been that a lot of important people quietly loved it" www.ft.com/content/f661... @bhgreeley.bsky.social

usually when the stock market goes down, the bond market thrives. But the market for US government debt has been struggling, which suggests that investors are suddenly scared not just of RISK but of US assets more broadly: www.npr.org/2025/04/11/n... @npr.org

Why and how Trump's tariffs may be leverage in service of reshaping the global economic order....and whether being the reserve currency is a privilege or a burden: www.npr.org/sections/pla... @elliswonk.bsky.social

The lesson of the "China shock" isn't actually about trade. It's about how hard it is for workers and communities to adapt to rapid economic changes. Now Trump is trying to reshape the global economy overnight, with potentially devastating consequences. #EconSky www.nytimes.com/2025/04/11/b...

lol, lmao even from Oct 21, 2024

Wholesale prices for caviar have dropped. Just don't tell the customers www.bloomberg.com/news/article...

Yield on 10y Treasuries back above 4.5%. We're not sure who's selling but we know who the holders are. I wrote a short post with some hopefully helpful dataviz based on TIC and financial accounts. Key points: 1. Foreign holdings as % of total: declining since 2008. benjaminbraun.org/posts/treasu...

Treasurys slide, the dollar falls: “the issue facing the markets is a loss of confidence in US policy” www.bloomberg.com/news/article...

I really didn't expect JPMorgan to spearhead the resistance but: "this is the first time [in a 30y career] I’ve ever had to do a call where I had to think about the things that I was saying, not just in terms of how they reflect our views on markets and economics" www.bloomberg.com/news/article...

Bessent says the tariff pause gives markets "more certainty." But investors warn the volatility could lead to lasting damage "US exceptionalism went out of the window a long time ago," says @jnordvig. "Now it is a question of if people fear US assets." www.nytimes.com/2025/04/09/b...

for today's @planetmoney.bsky.social, we talked to @jamessurowiecki1.bsky.social about figuring out the tariff calculation...and Ken Rogoff about trade deficits. what they are, if they matter, when they might be "bad" www.npr.org/2025/04/09/1...

in which @scaggs.bsky.social suddenly gets religion and believes in the Bond Vigilantes www.ft.com/content/905c...

Still holds

RenMac’s Dutta said it yesterday: just focusing on China rather than waging a global trade war really would have hurt less! sherwood.news/markets/us-s...

90-day pause puts "Liberation Day" right around...**checks notes**...Independence Day...

10-year yield going vertical here. Something’s gonna break.

Well, JPMorgan’s chief economist Bruce Kasman certainly sounds cheery.

This is a great episode of @planetmoney.bsky.social with @marychilds.bsky.social and @elliswonk.bsky.social explaining the complexities of tariffs in a clear and engaging way - and featuring our Co-Director Ha-Joon Chang. Have a listen - it's only 20 mins! www.npr.org/2025/04/02/1...

Capital Economics: if today's announcements are implemented, the effective US tariff rate will shoot straight past the Smoot-Hawley levels of the 1930s. "The effective tariff rate on all imports will rise from 2.3% last year to around 26%, leaving it at a 131-year high"

we've heard so much abt how tariffs are bad. but surely tariffs have been useful EVER, or they wouldn't exist, right? RIGHT? today on @planetmoney.bsky.social, we hear the ways in which tariffs CAN be useful, and how they fit into the Trump administration's worldview www.npr.org/2025/04/02/1...

Well, at least NBER will know the start date.

today's @planetmoney.bsky.social newsletter by @elliswonk.bsky.social is on rising levels of distrust in American institutions, especially with respect to food safety:

she literally just dyed her hair

Update: there are benign explanations for most of the $1.4bn after all.

News: NPR’s Tom Bowman reports of a Pentagon-wide warning about Signal’s security vulnerability - one week ago 👇🏼

I raised the prospect that the Fed's swap lines might not be there during the next financial crisis in this column on the breakdown of international economic cooperation in the 1930s. It is not the economic impact of tariffs that is most worrying www.economist.com/finance-and-...

"if Trump expects a flood of takers [for his $5m "gold card"], he has it backwards: The international rich aren’t trying to come here, so much as Americans are trying to get out." www.theatlantic.com/ideas/archiv... @atossaaraxia.bsky.social

If you are a U.S. citizen I would think you’d refuse to allow a search of your phone at the border. Turn it off when crossing or even better wipe and restore once you’re back.