My favourite part about this absolute retardation is that these tariffs aren’t even industry specific, which is practically the only reasonable excuse to use tariffs (protecting young industries)
This is just so bad, so so bad.
At the moment, a huge amount of attention is rightly being paid to the newly announced tariffs and their significant impacts on markets and economies. But very little attention is being paid to the circumstances that caused them—and to the even bigger disruptions likely still ahead. Don’t get me wrong: these tariff announcements are important developments. But most people are overlooking the much larger forces that are driving just about everything, including the tariffs.
In my latest article, I discuss what I believe is far more important to keep in mind: we’re witnessing a classic breakdown of the major monetary, political, and geopolitical orders. This kind of breakdown happens only once in a lifetime—but it has happened many times in history, when similarly unsustainable conditions were in place.
#principles #politics #economics
This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always “late,” but he could now change his image, and quickly. Energy prices are down, Interest Rates are down, Inflation is down, even Eggs are down 69%, and Jobs are UP, all within two months - A BIG WIN for America. CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!
Donald Trump Truth Social 04/04/25 11:08 AM
1. Start trade war - create uncertainty
2. Cut gov spending - 1000s unemployed, suck liquidity out of economy
3. Crash economy as a result
4. Blame the FED for not cutting interest rates
5. Fed cuts rates
6. Stop trade war
7. Everything goes up, declare victory
$1M is only a lot of money if you are 21 or under.
At 30 years old $1M is basically broke.
$10M gets you in the game, you can cover your living expenses with passive income from safe investments, while still taking big risks.
Do you get it?