From Paul Krugman:
Maybe the next movie in the #Terminator franchise will be “Terminator: Trade War,” in which Skynet realizes that it doesn’t have to destroy humanity with nuclear bombs, it can accomplish its goals simply by giving bad #economic advice.
And from #Trump, still more wanton #Economic #destruction
#China to impose 34% retaliatory tariff on all goods imported from the U.S."
“China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation in an equal, respectful and mutually beneficial manner"
#Crisis #Tariffs #USA #EU #News #Democrats #MAGA #Fascism #Security #Canada #Economy #GDP #Oligarchy #Inflation #USA #History #JobLoss
And from #Trump, more wanton #Economic #destruction
"10-year Treasury yield tumbles below 4% on fear a trade war will tip economy into a recession"
#Crisis #Tariffs #USA #EU #News #Democrats #MAGA #Fascism #Security #Canada #Economy #GDP #Oligarchy #Inflation #USA #House #Elections #Polls #History #Unemployment #JobLoss
https://www.cnbc.com/2025/04/04/us-treasury-yields-investors-digest-aftermath-of-trumps-tariffs.html
Not that any of this needs explaining to anyone with half a brain, but it is a nice precis of the #economic illiteracy emanting from the White House at the moment.
The interpretation of #VAT -- a local non-discriminatory #tax paid on domestically produced goods *and* foreign #imports alike -- as a 'tariff' is simply deranged!
Trump’s ‘idiotic’ and flawed #tariff calculations stun economists
https://www.theguardian.com/us-news/2025/apr/03/trumps-idiotic-and-flawed-tariff-calculations-stun-economists #Trump #WhiteHouse #economics
#Economic modelling, like the metric system, is evidently something that hasn’t yet crossed the Atlantic 
Previous models used to estimate effects of #globalHeating have drastically underestimated #economic losses due to extreme weather events. https://www.theguardian.com/environment/2025/apr/01/average-person-will-be-40-poorer-if-world-warms-by-4c-new-research-shows
Average person will be 40% poorer if world warms by 4C
Experts say previous #economic models underestimated impact of #globalheating – as well as likely ‘cascading #supplychain disruptions’
Australian scientists study suggests average per person #GDP across the globe will be reduced by 16% even if warming is kept to 2C above pre-industrial levels. This is a much greater reduction than previous estimates, which found the reduction would be 1.4%.
https://www.theguardian.com/environment/2025/apr/01/average-person-will-be-40-poorer-if-world-warms-by-4c-new-research-shows #climate #climatechange
https://www.alojapan.com/1234374/osaka-2025-world-expo-togo-opens-registration/ Osaka 2025 World Expo: Togo Opens Registration #August #day #economic #event #expo #news #Osaka #OsakaNews #quot #togo #togolese #大阪 #大阪府 REFORMS OVERVIEW STARTING A BUSINESS (more info) At the fifteenth position, worldwide, and first in Africa, under the Starting a Business index of the 2020 Doing Business ranking, Togo sustains its reformative dynamics with more reforms…. ENFORCING CONTRACTS (more info) Compared to some years ago…
Why Auckland’s America’s Cup hopes sank without Government backing https://www.byteseu.com/882750/ #Americas #auckland #aucklands #backing #been #contention #crashing #cup #direct #economic #exposure #golden #Government #hopes #host #international #labelled #missed #NewZealand #next #opportunity #sank #terms #why #windfall #without
The #Norwegian #chocolate maker #Freia coming out with 100g chocolate plates as an alternative to the traditional 200g plate is probably one of the weirdest #economic indications you never thought about.
#Norway is struggling... well, ordinary Norwegians are struggling. The #oligarchs are good, as per usual.
‘They’re Laying the Groundwork for Things to Get Worse’: Why #Trump ’s #Economic Messaging Isn’t Calming #WallStreet
Yes sir an #Economic #Genius!!!!
"Dow futures drop 200 points as a jittery Wall Street awaits ‘Liberation Day’: Live updates"
#Crisis #Tariffs #USA #EU #News #Democrats #MAGA #Fascism #War #DoD #Defense #Security #Canada #NATO#NationalSecurity #Economy #GDP#Ukraine #Russia #Oligarchy #Inflation
https://www.cnbc.com/2025/03/30/stock-market-today-live-updates.html
"First-quarter GDP growth will be just 0.3% as tariffs stoke #stagflation conditions, says CNBC survey"
#Crisis #Tariffs #USA #EU #News #Democrats #MAGA #Fascism #War #DoD #Defense #Security #Canada #NATO#NationalSecurity #Economy #GDP#Ukraine #Russia #Oligarchy #Inflation
Things that are NOT a #choice, in no particular order:
- Being #LGBTQ+
- Being #Disabled / Unable to Work
- Skin Color
- #Economic Circumstances at Birth
- Country of Origin
- Brain Chemistry
Things that ARE a choice:
- #Religion
- #Bigotry
- #Taxation
- #Government Spending
- Systemic #Equity or Lack Thereof
We need to choose to make life better for the 98%, because of those things that are NOT a choice. #Taxtherich, and use the funds to promote economic equity. That's called #Civilization .
#Arctic #warming could pose a threat to America’s #security too: #Alaska may have new vulnerabilities to both #China & #Russia; changes in #ocean salinity & temp might interfere w/ #submarine detection systems; extremes of climate change, including #permafrost thaw in Russia, may drive #economic #instability, social #unrest, & territorial claims. [#Trump #Intelligence Agencies excluded #ClimateChange from the annual #ThreatAssessment report for the first time in decades — too *woke*]
A new Memorandum of Understanding (MoU) between the #IsleofMan and #Liverpool City Region aims to strengthen #economic, cultural, and political ties. The agreement focuses on areas such as business, #tourism, #transport, #health, #energy, and public services. The regions share a long history, enhanced by the opening of a new Isle of Man #ferry terminal in Liverpool, which generated £3.2m for the local economy. This MoU is seen as a significant step towards fostering growth and development through increased collaboration. Both Mayor Steve Rotheram and Isle of Man Chief Minister Alfred Cannan highlighted the importance of closer economic ties and mutual benefits. The agreement also includes an annual conference, alternating between the two regions, and will be reviewed regularly to expand cooperation. With strong business links, including £2bn of annual trade, the partnership aims to open new opportunities for innovation, investment, and community development.
https://www.liverpoolcityregion-ca.gov.uk/news/new-era-of-cooperation-between-liverpool-city-region-and-the-isle-of-man-to-boost-growth
Will this wave of #grassroots opposition fizzle out or escalate to #economic shutdowns and a challenge to #corrupt regimes across the region?
https://freedomnews.org.uk/2025/03/25/wave-of-peoples-power-in-the-balkans/
Almost everything the #Trump administration has done so far is simply the most blatant #political #amateurism : #diplomacy that completely isolates the country, new #economic and #trade #policy that plunges the #stockmarket ,chaotic downsizing of #government departments and #public policies, hilarious #crisis communication on #Signal, #peace negotiations with #Russia and #Ukraine that favor the aggressor, etc. #Americans have elected a government that doesn't (yet?) understand what #politics is.
Je me souviens 
