joel karamath

Course Director BA (Hons) interaction design arts

[Harry Eccles @Heccles94]

Let's make 2026 the year that we have a full investigation into:

Nigel Farage and his £885,000 Clacton house

Nigel Farage and the Russian Spy Nathan Gill

Nigel Farage and his anti-semitism and racism

RT if you agree!

[BBC Newsnight @BBCNewsnight]

"We are returning to a pre-1945 world"

Yanis Varoufakis says "a creeping authoritarianism... has been in the ascendancy since at least the great financial crash of 2008"

#Newsnight

[The Resonance @Partisan_12]

JENNIFER WELCH: Those two men [Trump & Netanyahu] are disgusting human beings. They should both be in jail.. The fact that man [Netanyahu] is able to come over to the US and not get arrested and sent to the Hague just shows how morally depraved American foreign policy is...”

[Bob Weaver @CTWeaver7500]

@WalshFreedom And that's why he won't re-open the government. He wants people desperate and fighting for food. Then he can invoke the Insurrection Act and cancel the midterms.
Thats how it will play out.

[#NOKINGS 🐸💙🇺🇸 FUCK DJT, ICE AND MAGA 🖕🖕🖕 @WokeInFlorida77]

@ReallyAmerican1

[joel karamath @jkaramath]

@ReallyAmerican1 Fuckwit…

[joel karamath @jkaramath]

@Ronxyz00 So full of it…

[Barack Obama @BarackObama]

Susan, I hope I look as good as you at 102!

[Darkjedi @Darkjed25684073]

@ReallyAmerican1 Aww, poor little Trumpy-baby. What's a' matter, tariffs not working for ya with China?🤭

Sounds familiar..like when you dealt with Canada😉

Canada Strong 🇨🇦💪

[joel karamath @jkaramath]

@ReallyAmerican1 All bullies back down when confronted

[Really American 🇺🇸 @ReallyAmerican1]

BREAKING: In a stunning moment, Donald Trump appears to have changed his tune drastically about China. He went from bombastic on his trade war to admitting he's not going to play hardball. "We're going to be very nice." He sounds desperate.

[Alex Cole @acnewsitics]

Watching MAGA slowly realize they have been conned again by the same con man is my new favorite reality show.

[Robert Peston @Peston]

We just learned that the world’s most powerful person, Donald Trump, has a boss: the bond market.

He may not have acknowledged this to himself, yet, but the global financial tumult he caused - and has temporarily eased - has locked him in a fiscal prison.

Because, as I have been saying for 24 hours, he came perilously close yesterday to having caused such an extreme fall in the price of US government debt that it would have become prohibitively expensive for his administration to fund a large deficit - more than 6% of GDP - and also to refinance the almost $8 trillion of government debt that matures in the coming year (almost a third of America’s sovereign debt).

The point is he is totally in hock to the good will of bonds investors.

And when he announced his reckless roster of massive tariffs eight days ago he alienated them, because they feared he would tank the economy such that tax revenues would plummet and the deficit would balloon.

So they sold US government bonds, Treasuries, and the yield on the bonds - the de facto interest rate - soared.

Which is why Trump blinked, and put on hold the more extreme tariffs, except for the 140% on China, for 90 days.

You might think the worst part of this is the uncertainty he has created for businesses and investors for the next 90 days. Since no one in their right minds would make a major US investment till the final tariff determinations are made.

But the cancerous uncertainty is not the worst of it.

The worst of it is he has shredded any respect that overseas governments and investors might have had for America’s economic and fiscal competence.

Shades - you might say - of how Truss and Kwarteng’s unwise unfunded tax cuts undermined the perceived fiscal competence of the UK.

But unlike Truss and Kwarteng, there is pretty much no mechanism for removing Trump.

All of which means that bond and stock markets will remain fragile and volatile - fearful that Trump will regain his mojo and engage in some other fiscal extravagance.

He has also handed a loaded gun to his perceived enemy, China, and his supposed ally Japan.

This matters in both cases, because he is engaged in the mother of all trade wars with China - and Japan wants a trade deal with him that would see it escape mega tariffs.

The loaded guns they have are their massive loans to the US government. Japan owns more than a trillion dollars of US Treasuries and China not much less.

If they were to sell those bonds, or even if they chose not to refinance maturing bonds, that could be a disaster for Trump. Because it could cause another potentially crippling spike in bond yields.

Here is the measure of Trump’s debacle.

He may well have trashed America’s single most important financial competitive advantage, namely that investors have traditionally bought the dollar and US Treasuries at a time of economic and political uncertainty.

No more - because he personally has become the world’s source of economic uncertainty snd anxiety.

So, as I say he, is now in a fiscal prison. And if bond investors, including Japan and China, see him imposing tariffs or cutting taxes in ways they don’t like, they learned yesterday they have the means and power to stop him.

[joel karamath @jkaramath]

Uninvited, unwelcome… https://t.co/C9U6kJAeW8

[Annie @AnnieForTruth]

Of course! 🙄

[joel karamath @jkaramath]

@ReallyAmerican1 Seriously…

[joel karamath @jkaramath]

@Scaramucci Stupid has got to be on the list…

[Really American 🇺🇸 @ReallyAmerican1]

BREAKING: In a stunning moment in the Oval Office, Trump completely loses it saying "you're not supposed to ask that" when a reporter asks him about an angry conflict between Marco Rubio and Elon Musk. Americans deserve to know what really happened.

[joel karamath @jkaramath]

Listen Zelenskyy, we do things my way or not at all…