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Wow USA, this one must hurt!!!
“We do not want to be rich like Americans. Look how greedy they are, even trying to invade their friends. We would not sell ourselves. We know what happened to Indigenous people in Alaska and Native Americans. Their land was taken, and they were not treated well.”
— Greenlandic politician Tillie Martinussen
That is not a throwaway jab, it is a full moral indictment. It flips the usual American self image on its head: wealth is not automatically admired, and power is not automatically respected. When someone says they would rather stay themselves than become “rich like Americans,” they are basically saying the brand is broken, and the history is part of the reason.
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I was born in Norway. I’m used to snow. I’m used to the cold.
Now I stand in Ukraine, in one of the hardest winters this country has seen in years.We have snow. We have freezing temperatures like not seen in years. The power is out. No heating. No warm showers. Water freezes. Food freezes.
So what do we do?
Together with the Ukrainian people, we keep moving forward for one common goal VICTORY.
You will never hear us complain.
The ones complaining are the ones sitting in warm houses, with heating, showers, and full tables.
But we don’t complain.
We move forward. Together. Until victory.
Slava Ukraini. 🇺🇦
Dr. Martin Luther King, Jr. dedicated his life fighting for equity and justice. He taught us that even in the face of intimidation and discrimination, we must never stop working towards a better future – a lesson that feels especially relevant today.
Change has never been easy. It takes persistence and determination, and requires all of us to speak out and stand up for what we believe in. As we honor Dr. King today, let’s draw strength from his example, and do our part to build on his legacy.
I JUST BROKE DOWN THE REAL NUMBERS ON TRUMP'S TARIFFS
Everyone expected tariffs to reduce the current account deficit and restore US jobs.
But the numbers tell a different story.
China just posted a $1.2 trillion trade surplus in 2025.
The biggest in history. Up 20% from 2024.
And this happened DURING Trump's "maximum pressure" tariff campaign.
Let's dive deeper:
Early 2025: Tariffs on China escalated as high as 145%.
Late 2025: A deal brought them down to the high-40s/low-50s range.
January 2026: Trump threatens 25% tariffs on ANY country doing business with Iran.
Iran's biggest trading partner? China.
But here's the part nobody's talking about:
The Tax Policy Center estimates the average tariff rate on ALL US imports is now 17%.
The Budget Lab at Yale estimates these tariffs raised consumer prices by 1.2% - roughly $1,700 per household.
In 2025, businesses absorbed most of these costs.
But in 2026, they're passing them to consumers.
The jobs data is worse:
After the April 2025 tariff announcement, factory employment FELL by 68,000 jobs.
The Federal Reserve found that tariff exposure in 2018-2019 reduced manufacturing employment by 1.4%. A small +0.3% protection effect was offset by -1.1% from higher input costs and -0.7% from retaliation.
Even in optimistic scenarios, tariffs create very few jobs once you account for higher input costs destroying downstream employment and retaliation from trading partners.
Trump's theory was that tariffs would force manufacturing back to the US.
The reality: Companies just moved production to Vietnam, Mexico, and Malaysia.
Supply chains didn't come home. They found cheaper routes around the tariffs.
And China?
Exports to the US fell 20%, but grew everywhere else.
Africa: +26%
Southeast Asia: +13%
EU: +8%
China maintained 14% of global exports. 4x more than India and Vietnam combined.
Trump didn't destroy China's export machine. He redirected where it sells.
Here's the fiscal reality:
Trump claims tariffs will eliminate the deficit and eventually replace income taxes.
Even in an optimistic scenario, tariffs will raise about $400 billion.
The budget deficit last year? Over $2 trillion.
Income tax revenue? Over $2 trillion.
The math doesn't work. It's not even close.
Now the legal problem:
The Supreme Court is weighing whether Trump's tariffs were even legal under the 1977 International Emergency Economic Powers Act.
Congressional researchers say importers paid roughly $129 billion in estimated duty deposits for IEEPA tariffs as of December 10, 2025.
If the Court rules against Trump, that money potentially gets refunded. The entire tariff structure collapses. And nobody knows what happens next.
Costco and major retailers have already filed lawsuits.
Meanwhile, the EU is negotiating with China on "minimum price undertakings" to replace tariffs. Canada is considering dropping their 100% tariff on Chinese EVs.
So Trump's pressure is pushing allies CLOSER to China, not away.
These tariff policies are accelerating the transition to a tripolar world - US, China, and a European bloc increasingly willing to play both sides.
Here's the ONE thing you have to understand:
Markets can price risk. They cannot price uncertainty.
Right now markets are complacent. The VIX is subdued. Credit spreads are tight.
But if the Supreme Court rules against the tariffs, uncertainty escalates dramatically.
No one knows what happens to the $195 billion already collected. No one knows if companies get refunds. No one knows what Trump's next move is if he loses this authority.
Markets do not handle institutional uncertainty well.
So are Trump's tariffs working?
If working means reducing the deficit and creating US jobs, the answer is no.
Tariffs can help a narrow slice of producers and raise revenue. But evidence shows they raise consumer prices and, on net, reduce manufacturing employment once you include input costs and retaliation.
The next weeks will be crucial.
@AniUluadluak4 Hi Tony, Merry Xmas and happy new year from Perth Western Australia
This is a weather screen shot of our Xmas day, the temp is in Celsius, half hour later it got to 42 degrees
McDonald’s USA
— Employee: $15/hr, no benefits
— Big Mac: $5.79
McDonald’s Denmark
— Employee: $22/hr, 6 weeks vacation, 1 year paid maternity leave, life insurance, pension
— Big Mac: $5.49
Tell us more about how raising the minimum wage would affect the cost of hamburgers.
Incredible speech from the UN Security Council.
UKRAINE IS NOT FOR SALE.
“Ukraine has officially received from the American side a draft plan. We outline the fundamental principles that matter to our people. We agree to work on the plan's provisions in a way that would bring about a just end to the war.”
“In this context, allow me to make several critical points.”
“1. First, while Ukraine stands ready to engage in meaningful negotiations to end this war including at the leaders’ level our red lines are clear and unwavering. There will never be any recognition, formal or otherwise, of Ukrainian territory temporarily occupied by the Russian Federation as Russian. Our land is not for sale.”
“Ukraine will not accept any limits on its right to self-defense or on the size and capabilities of our Armed Forces. Nor will we tolerate any infringement on our sovereignty, including our sovereign right to choose the alliances we want to join. Any genuine peace process must respect a fundamental principle: nothing about Ukraine without Ukraine, and nothing about Europe without Europe.”
“And let me be equally clear: we will not reward the genocidal intent that underpins Russian aggression by undermining our identity, including our language.”
“2. Second, support for Ukraine is indispensable. Peace requires strengthened security and sustained financial assistance to Ukraine. Reinforcing Ukraine's defense capabilities is not an escalation — it is the only path to compelling Russia to engage constructively in international peace efforts. In this regard, we express profound gratitude to all partners and allies. This support is an investment in the rules-based international order and global peace.”
“3. Third, the Kremlin regime will not stop unless it is stopped through unyielding and concerted pressure. There is only one realistic path to ending this war: Russia must be compelled to retreat — economically, politically, and militarily.”
🚨NEW: Defense Secretary Pete Hegseth has suspended Illinois National Guard Captain Dylan Blaha's security clearance after he urged fellow service members to not obey illegal orders against American.
RETWEET if you stand with Captain Blaha against Hegseth!