"You don’t install smoke alarms, acquire fire extinguishers, and buy home insurance because you expect a house fire. Rather, you recognize the value of insuring against low-probability/high-magnitude events." @jadler1969.bsky.social from the archive on climate change:
Walmart CFO John David Rainey: "We've not seen a period where you've had prices go up this high, this quickly. We're well equipped and experienced in dealing with price increases that are going up 2 or 3 percent, but not 30 percent."
Bullocks. You will work in the same place as will your children. Bullocks.
Manufacturing dropped most of the labor hours because of automation and process engineering. You think that will stop?
You are an idiot
I don't really care what the "political consequences" are of fighting for the proposition that *everyone* is entitled to due process before they are removed from the United States and sent to a Salvadoran prison.
It's not really a principle if you only adhere to it when it's politically expedient.
Not a single word to help the 33m small businesses in this country. Not from anyone in the administration.
So many buy from China, and don't have alternatives.
So many didn't have the cash to front run the tariffs and buy inventory
Number of people who go bankrupt every year because of medical bills or illness-related work loss:
Australia 0
Canada 0
Denmark 0
Finland 0
France 0
Germany 0
Iceland 0
Ireland 0
Italy 0
Japan 0
Netherlands 0
Norway 0
Portugal 0
Spain 0
Sweden 0
UK 0
United States 530,000
There’s a lesson there.
HAPPENING NOW
📈 EURO AND YEN SURGING
⚠️ US DOLLAR FALLING
⚠️ STOCK FUTURES CRASHING
⚠️ BOND MARKETS IMPLODING
⚠️ 10YR TREASURY YIELD SOARING
The European Union and China are now starting negotiations to abolish EU tariffs on Chinese electric vehicles.
This is a major strategic failure for the United States.
“He made 2.5 million today and he made $900 million. That’s not bad.”
Sounds like market manipulation to me. That’s bad.
What some people aren’t factoring into their analysis is the reality that companies were buying tons of inventory to beat the tariffs.
That’s cash taken from being able to invest or hire. In fact the probably cut costs and jobs as a result.
#econsky
Elections have consequences
Brand Trump: Toxic Uncertainty
🇺🇸🤷♂️
He’s pulled the knife half way out of the economy’s back, but the injury (no longer a reliable trading partner) will take years to heal.
#stupid
media1.tenor.co/m/Alz54qVvJo...
Carney: The system of global trade anchored on the United States.. is over. Our old relationship of steadily deepening integration with the United States is over. The 80 year period when the United States embraced the mantle of economic leadership… is over.
The Economist 5 months ago with Biden and The Economist today with Trump smh….is America great yet?
This was….five months ago
Houston GenZ activist Isaiah Martin visited with Politics Done Right to discuss the state of the Democratic Party and why it needs a new fighting generation, GenZ.
“The US spent 8 decades building an international system of rules, norms and values that has produced the longest period of great power peace and global prosperity in human history.” Fareed Zakaria on how upending the world order will only weaken America: www.washingtonpost.com/opinions/202...
Some sound advice:
Do you stand with Ukraine? 🇺🇦
This is the way…
“The elected officials in Washington have to stop protesting in Washington. They have to go back to their districts…show the consequences…show the school that isn’t operating…they have to make it real.”
With social media, word will spread to neighboring districts—even red ones.
Money talks
