IOW, the US is LOSING the trade wars
https://bsky.app/profile/carlquintanilla.bsky.social/post/3lkneq6zrh22s MORGAN STANLEY: “.. Our US Financials team has lowered their Investment Banking revenues forecast, as the robust capital markets rebound that they had expected in 2025 is not playing out as anticipated.” |
No one ever wins trade wars. If any of the tech bros had finished college, they would know this. |
This is what they want because they believe colleges indoctrinate. And they do..with the ability and know how to critically think and make your own choices. That is dangerous to people who want to sell propaganda. |
Move fast and break lives, that’s the motto. |
Markets down again today.
$5 TRILLION in losses over the last three weeks. |
Who TF is going to make any big moves (from the family level to the C suite) with a lunatic bleating in all caps at a moments notice. It’s like trying to do business with North Korea, just ain’t gonna happen! |
Actually. North Korea is consistent in its policy positions. I can’t think of an equivalent disaster like ours. |
Trumpcession time.
It really is a first for a president to intentionally drive the economy into a recession. And after all the bleating about the imminent Biden recession, it turns out to be more projection. https://www.usatoday.com/story/news/politics/2025/03/16/treasury-secretary-bessent-recession-no-guarantees/82468575007/ Treasury Secretary Scott Bessent said Sunday that "there are no guarantees" when it comes to a potential recession hitting the United States. "Like who would have predicted COVID?" Bessent told NBC's Kristen Welker when asked on "Meet the Press" whether he could reassure Americans about the country's economic future. |
WSJ: “The Federal Reserve extended its wait-and-see posture on rate cuts. Officials marked up their forecasts for inflation and revised down their outlook for growth.” |
Trump and the Republican economy: taking from the bottom 40% and giving it to the top!
https://budgetlab.yale.edu/news/250319/illustrative-distributional-effects-policies-consistent-house-concurrent-budget-resolution-fiscal |
Trump is fulfilling the dreams of our enemies. |
DOGE is costing a half trillion and counting...
https://bsky.app/profile/jacobbogage.bsky.social/post/3lkyn5tqytc2f Iie no cost saving to say the least) |
I’m so tired of Trump’s unending stupidity. Make it stop. |