From yesterday. "U.S. companies cut 275,240 jobs in March, marking the highest number of layoffs since May 2020."
How many UK jobs will be cut this month by the NIEC increases?
Very few is my guess. It will primarily be passed on as reduced salaries and profits in the short term. At the bottom, wages for shelf stackers are still a bit higher than the new minimum wage, so I don't think you'll see a large increase in unemployment while that slack is still there.
Do you know how much more it costs to employ a minimum wage full time worker this week than it did last week?
This is more likely to lead to millions unemployed than Brexit ever was
If I had to come up with a policy to restrict economic growth; increasing NIECs would be fucking perfect
People like Hegseth, Kennedy, and Gabbard are buffoons.
But, trying to understand the world outlook of intelligent MAGA’s like Vance, I think it’s like this.
Like Marxists, they see international power relations as about Who (rules) Whom. Every transaction has a winner and a loser. Gains for the USA mean losses for weaker nations, and gains for weaker nations mean losses for the USA.
In their eyes, the USA became great by enforcing its will upon weaker powers (Mexico, Spain, Hawaii, Indian nations). And, there is plainly truth in that.
As they see it, the rest of the world just sponges off the USA, and now it’s time to show them who’s boss.
Trying to take on the rest of the world at once isn't the wisest decision.
Even if they lose they get to dominate the US. Which is a win for that sort.
People like Hegseth, Kennedy, and Gabbard are buffoons.
But, trying to understand the world outlook of intelligent MAGA’s like Vance, I think it’s like this.
Like Marxists, they see international power relations as about Who (rules) Whom. Every transaction has a winner and a loser. Gains for the USA mean losses for weaker nations, and gains for weaker nations mean losses for the USA.
In their eyes, the USA became great by enforcing its will upon weaker powers (Mexico, Spain, Hawaii, Indian nations). And, there is plainly truth in that.
As they see it, the rest of the world just sponges off the USA, and now it’s time to show them who’s boss.
China.
And that's the problem.
One of the things MAGA is a reaction against the idea that the USA is no longer unambiguously, exponentially Top Nation. It used to the that the USA could just barge in and point out who was boss. Now, it's a bit less obvious that it can.
The Trump Tariffama could end up both clarifying America's reduced strength and accelerating that weakening- currently relative but maybe about to go absolute.
People like Hegseth, Kennedy, and Gabbard are buffoons.
But, trying to understand the world outlook of intelligent MAGA’s like Vance, I think it’s like this.
Like Marxists, they see international power relations as about Who (rules) Whom. Every transaction has a winner and a loser. Gains for the USA mean losses for weaker nations, and gains for weaker nations mean losses for the USA.
In their eyes, the USA became great by enforcing its will upon weaker powers (Mexico, Spain, Hawaii, Indian nations). And, there is plainly truth in that.
As they see it, the rest of the world just sponges off the USA, and now it’s time to show them who’s boss.
That's a good analysis. I'd also venture that there is genuinely an argument that the amount of cheap needless Chinese crap that America (and not just America, I cam see a ton of it from where I'm sitting) consumes is doing the American economy harm. How do you stop this? Bluntly, tarriffs. They are as much a weapon against Americam consumers than against foreign economies.
There's an environmental / human rights argument for tariffs against polluting / repressive countries.
Fox news analyst: iphones could be $2300 after these tariffs.
Fox host - waving iphone: don't drop these and make sure you have AppleCare folks.
The host earns more than enough to take the pain. Most of the people watching him do not.
I do wonder where all the machines needed in all these new factories will come from - if they really want to move all those factories back to the US, then they'll need lots of machines, tools and other technical ephemera. Much of which comes from abroad.
The factories themselves are going to be expensive to build under the tariffs...
I tried to write a positive argument for Trump’s tariffs the other day almost as a thought experiment. Not sure it was completely persuasive but I will try and find it.
This was it: So, last night I was struggling to understand Trump's chart. I had assumed that he had arbitrarily assessed non tariff barriers to come up with his figures. It appears that he might have done that by evidencing the existence of NTBs by the existence of a deficit on the part of the US with that country.
So the theory of Trump is that relatively poor countries, like Vietnam, can only export their wares to the US if they buy sufficient goods (and possibly services, who knows) from the US to have a balanced trade.
Countries which do have broadly balanced trade with the US, like the UK get a 10% tariff anyway, just because.
Is there any of this that makes any sense at all? Well, the US (and the UK) has been running a trade deficit for a very long time. It has acted as consumer of last resort to the world and enormously assisted both the growth of China and East Asia by doing so. This has not been an act of gratuitous generosity but a source of cheap goods for the US (and UK) consumer as well as a major source of excess profits for large American companies that have transplanted production to these countries.
The way he has responded to this is batshit but I do think that a case can be made that (a) the US (and UK) trade deficits are simply not sustainable indefinitely. Trump mentioned last night that the consequence was that a majority of US assets are now foreign owned (this is bullshit but the accumulated foreign acquisition of capital assets is a problem here as well as in the US). (b) the longer term consequences of letting other people make all your stuff for you is not some Ricardian nirvana but unemployment and, eventually, poverty for the consumers.
I suppose the next question is will his policy work? Some of this is "already happening" as he put it. This is not a consequence of his tariffs but policies such as Biden's CHIPS Act which created strong NTBs in favour of US manufacture. If the US goes back into large scale manufacturing it will have addressed one problem and created jobs for American workers. The question is whether this will offset the economic chaos that disruption to flows of trade this will cause. My money would be on not but we shall see.
Irrespective of how much financial damage to individual people there's also what I would term financial scarring.
By this imagine if your financial assets fell by $20k for a couple of years and then recovered.
You might be back to where you started but the mental pain and fear that it could happen again might take much longer to disappear.
That’s your risk when you invest though - you can’t guarantee you won’t have losses from time to time.
Of course this has always been predicated on the market rising over the long term. If we were ever to hit a depression and an extended period of market stagnation/little growth, then this would be the killer.
But its only when those losses hit that you realise how fast they can happen.
So many people will decide they need a bigger financial reserve than they previously thought.
Which in turn leads to lower discretionary spending in the short term and working longer in the medium term.
And a lingering anger towards people who put the financial markets at risk.
Yes, the psychology behind that is interesting. I should also have probably caveated that age plays a big part too. Someone in their 30s and 40s will feel much more sanguine about things than someone who is approaching retirement.
Hospital leukemia checkup - saw the Consultant I lsat saw in 2023 when I was in hospital being de-absessed with surgery not applicable due to diabetic the healing times. He was the one who put me on a two week course of antibiotic infusions taking a couple of hours to drip in at 6am, 2pm and 10pm.
"You are back to normal" (that is, by the blood markers).
Bugger - I'm am now plumb out of excuses.
Fantastic news.
Apparently the Hairy Bone Marrow cells * are down to a whisker - under 1%, so it should be a few years before it comes out of remission significantly.
* Not quite right - it's the blood cells that go 'Hairy', but it's near enough.
Hairy cell leukemia (HCL) is a rare, slow-growing type of blood cancer that affects white blood cells called B lymphocytes, characterized by abnormal B cells with hair-like projections under a microscope. (Me: the docs characterise slow-growing as "indolent").
My photo quota: Hairy Cells. There like one of those things you use to wash your window.
I send you every good wish over your health issues
I have experienced life threatening health issues over the last 18 months, and just grateful my haematologist, cardiologist and vascular surgeon have all signed me off in the last 3 weeks until next year
Cheers.
The next step is to continue improving the exercise, and lose a bit of weight.
The initial target is 5000-6000 steps per day, or an equivalent cycle trip. That's on track so far, so we'll see.
I may need lots of energy to dig up some wheelchair blocking horse-styles off our bridleways , once persuasion has been worked on the County Council.
I was limited to100 steps a day by chemo. It was a hard time.
Got a Fitbit and started doing a little more each day. It worked. Nowadays I’ll know if I’ve done more than 20k in the unreplaced hip. Otherwise, I’m fine.
Six years on from chemo it was history. For me. YMMV
Fox news analyst: iphones could be $2300 after these tariffs.
Fox host - waving iphone: don't drop these and make sure you have AppleCare folks.
The host earns more than enough to take the pain. Most of the people watching him do not.
I do wonder where all the machines needed in all these new factories will come from - if they really want to move all those factories back to the US, then they'll need lots of machines, tools and other technical ephemera. Much of which comes from abroad.
The factories themselves are going to be expensive to build under the tariffs...
See you have just thought about the issue in more depth than anyone in the Trump administration, that kind of thinking will get you nowhere. If you want to understand this issue in MAGA/GOP terms get a heavy stick, beat yourself on the head about half a dozen times, and then if you are still conscious this nonsense might make some weird sense to you.
People like Hegseth, Kennedy, and Gabbard are buffoons.
But, trying to understand the world outlook of intelligent MAGA’s like Vance, I think it’s like this.
Like Marxists, they see international power relations as about Who (rules) Whom. Every transaction has a winner and a loser. Gains for the USA mean losses for weaker nations, and gains for weaker nations mean losses for the USA.
In their eyes, the USA became great by enforcing its will upon weaker powers (Mexico, Spain, Hawaii, Indian nations). And, there is plainly truth in that.
As they see it, the rest of the world just sponges off the USA, and now it’s time to show them who’s boss.
Trying to take on the rest of the world at once isn't the wisest decision.
Indeed: @Sean_F has a great quote from Athens, just before the fall.
Irrespective of how much financial damage to individual people there's also what I would term financial scarring.
By this imagine if your financial assets fell by $20k for a couple of years and then recovered.
You might be back to where you started but the mental pain and fear that it could happen again might take much longer to disappear.
That’s your risk when you invest though - you can’t guarantee you won’t have losses from time to time.
Of course this has always been predicated on the market rising over the long term. If we were ever to hit a depression and an extended period of market stagnation/little growth, then this would be the killer.
But its only when those losses hit that you realise how fast they can happen.
So many people will decide they need a bigger financial reserve than they previously thought.
Which in turn leads to lower discretionary spending in the short term and working longer in the medium term.
And a lingering anger towards people who put the financial markets at risk.
Investors don't usually expect their own government to fuck them up overnight.
Having thaf happen isn't normal market risk, and will have long term consequences. At the very least while this current parcel of fools is in government.
Reminds me of the old ITV safety advert from the 70s
Sir Isaac Newton told us why an apple falls down from the sky And from this fact, it's very plain, all other objects do the same A brick, a bolt, a bar, a cup, invariably fall down, not up And every common working tool is governed by the self-same rule So when you handle tools up there, let your watchword be "Take Care" If at work, you drop a spanner, it travels in a downward manner
Hospital leukemia checkup - saw the Consultant I lsat saw in 2023 when I was in hospital being de-absessed with surgery not applicable due to diabetic the healing times. He was the one who put me on a two week course of antibiotic infusions taking a couple of hours to drip in at 6am, 2pm and 10pm.
"You are back to normal" (that is, by the blood markers).
Bugger - I'm am now plumb out of excuses.
They can do wonderful things against leukemia these days. My cousin was diagnosed about six years ago (after living in Russia for many years, however much or little that might mean), and a doctor friend said that twenty years ago, that would have been that. But she's now as cured as you can be thanks to new drugs that were experimental a decade ago.
All the best with your continuing recovery anyway.
Indeed, all the best to MattW.
In sadder news: a friend of mine lost his five-year long battle with cancer on Monday. Expected, but the news still felt like a punch in the gut.
Nigel Farage has spent the last decade licking the arse of a man who is now making millions of Britons poorer while having made all of us far less safe. It really should not be beyond the wit of his political rivals to make this point relentlessly.
Indeed. Labour need to hammer this every single day from now until 2028/9.
Farage is Britain Trump and he wants DOGE and all the attendant madness of a "reformation" and "clear out" etc etc.
That would be an implicit criticism of Trump, who Labour have been pretending to adore for the last three months or so though. How can they creditably do so? They can hardly say "We all slagged him off eight years ago when in opposition, then sucked up to him & said sorry last month, but now we've changed our minds again" can they?
"The UK's choice for the next ambassador to the US, Lord Peter Mandelson, has described his previous criticism of Donald Trump as "ill-judged and wrong".
Speaking in an interview with US broadcaster Fox News, he said the new US president had won "fresh respect" from him, adding he was "quite confident" Trump would approve of his appointment.
As part of the process Lord Mandelson's credentials have to be presented to Trump, which the president is reportedly expected to agree to.
In previous years, Lord Mandelson has described Trump as "reckless" and "a bully".
In an interview with an Italian journalist in 2019, he described Trump as "reckless and a danger to the world".
This followed a 2018 interview with the Evening Standard where he described Trump as "a bully".
But he told Fox News, external: "I made those remarks six years ago in 2019, led rather along this by an Italian journalist... it was a time in Britain by the way with very fraught politics and there was high emotion about many things in Britain at that time.
"I consider my remarks about President Trump as ill-judged and wrong."
Fox news analyst: iphones could be $2300 after these tariffs.
Fox host - waving iphone: don't drop these and make sure you have AppleCare folks.
WELP!
Their supply chain is probably the most complex in the world, so how they will work all this out is anyone's guess.
But in my naivety I am thinking the iphone arriving from China to UK will still be same price????
Should I buy a 16 pro now?
Why would the price change? Iphones are shipped straight from China to the UK. Unless Trump somehow taxes chip patents or IP licensing renevue, there's no reason to think it would.
Hospital leukemia checkup - saw the Consultant I lsat saw in 2023 when I was in hospital being de-absessed with surgery not applicable due to diabetic the healing times. He was the one who put me on a two week course of antibiotic infusions taking a couple of hours to drip in at 6am, 2pm and 10pm.
"You are back to normal" (that is, by the blood markers).
Bugger - I'm am now plumb out of excuses.
Fantastic news.
Apparently the Hairy Bone Marrow cells * are down to a whisker - under 1%, so it should be a few years before it comes out of remission significantly.
* Not quite right - it's the blood cells that go 'Hairy', but it's near enough.
Hairy cell leukemia (HCL) is a rare, slow-growing type of blood cancer that affects white blood cells called B lymphocytes, characterized by abnormal B cells with hair-like projections under a microscope. (Me: the docs characterise slow-growing as "indolent").
My photo quota: Hairy Cells. There like one of those things you use to wash your window.
I send you every good wish over your health issues
I have experienced life threatening health issues over the last 18 months, and just grateful my haematologist, cardiologist and vascular surgeon have all signed me off in the last 3 weeks until next year
Cheers.
The next step is to continue improving the exercise, and lose a bit of weight.
The initial target is 5000-6000 steps per day, or an equivalent cycle trip. That's on track so far, so we'll see.
I may need lots of energy to dig up some wheelchair blocking horse-styles off our bridleways , once persuasion has been worked on the County Council.
I was limited to100 steps a day by chemo. It was a hard time.
Got a Fitbit and started doing a little more each day. It worked. Nowadays I’ll know if I’ve done more than 20k in the unreplaced hip. Otherwise, I’m fine.
Six years on from chemo it was history. For me. YMMV
I've a friend who had two different leukaemias, which metastasized. During Covid, which he contracted. He's now in full remission, and back skiing.
Can anyone explain this ? Even more baffling to me than the tariffs.
21 biotech startups. Nobel Prize. AI for protein design breakthroughs. The US was building the future. Then it defunded the science behind it. World-class self-own. https://x.com/sethbannon/status/1907506074040578256
Here is a reminder that a nontrivial chunk of new Trump voters genuinely thought they might be getting another round of stimulus checks with Trump in office, because they loved the economy (and the COVID economic response) when he was president. https://x.com/lxeagle17/status/1908218291094773919
Fox news analyst: iphones could be $2300 after these tariffs.
Fox host - waving iphone: don't drop these and make sure you have AppleCare folks.
WELP!
Their supply chain is probably the most complex in the world, so how they will work all this out is anyone's guess.
But in my naivety I am thinking the iphone arriving from China to UK will still be same price????
Should I buy a 16 pro now?
Why would the price change? Iphones are shipped straight from China to the UK. Unless Trump somehow taxes chip patents or IP licensing renevue, there's no reason to think it would.
If anything, the stock earmarked for the US will head to Europe. There now shouldn't be scope for scarcity price gouging here.
This site is (understandably) united in condemning this Tarrify Trumpsterfuck
Perhaps someone needs to raise a counter-argument. Why? Because I recall a similar chorus of scorn and disdain from non-Brits when we voted for Brexit. And nearly all of these opinions were spectacularly ill-informed, eg I would hear liberal Americans saying "why the fuck have you cut yourself off from your major market" and when I pointed out to them the huge democratic flaws in the EU they not only didn't understand, they didn't even have the first idea. "What, your supreme court sits in a different country, and speaks a different language, and you don't vote for the people that make the laws??!
etc etc ETC
So is it possible Trump is doing a Brexit. ie something that makes sense in American terms, but the rest of us simply don't "get", and maybe never will?
I am merely throwing up the idea. Because, to me these tariffs look like madness - even if they are just some bluff designed to get better terms for USA Inc - they have caused hideous instability which will not be forgotten
Fox news analyst: iphones could be $2300 after these tariffs.
Fox host - waving iphone: don't drop these and make sure you have AppleCare folks.
WELP!
Their supply chain is probably the most complex in the world, so how they will work all this out is anyone's guess.
But in my naivety I am thinking the iphone arriving from China to UK will still be same price????
Should I buy a 16 pro now?
Why would the price change? Iphones are shipped straight from China to the UK. Unless Trump somehow taxes chip patents or IP licensing renevue, there's no reason to think it would.
If anything, the stock earmarked for the US will head to Europe. There now shouldn't be scope for scarcity price gouging here.
Apple might increase prices globally to protect the American consumer from the impact of the full tariffs.
Hospital leukemia checkup - saw the Consultant I lsat saw in 2023 when I was in hospital being de-absessed with surgery not applicable due to diabetic the healing times. He was the one who put me on a two week course of antibiotic infusions taking a couple of hours to drip in at 6am, 2pm and 10pm.
"You are back to normal" (that is, by the blood markers).
Bugger - I'm am now plumb out of excuses.
Fantastic news.
Apparently the Hairy Bone Marrow cells * are down to a whisker - under 1%, so it should be a few years before it comes out of remission significantly.
* Not quite right - it's the blood cells that go 'Hairy', but it's near enough.
Hairy cell leukemia (HCL) is a rare, slow-growing type of blood cancer that affects white blood cells called B lymphocytes, characterized by abnormal B cells with hair-like projections under a microscope. (Me: the docs characterise slow-growing as "indolent").
My photo quota: Hairy Cells. There like one of those things you use to wash your window.
I send you every good wish over your health issues
I have experienced life threatening health issues over the last 18 months, and just grateful my haematologist, cardiologist and vascular surgeon have all signed me off in the last 3 weeks until next year
Cheers.
The next step is to continue improving the exercise, and lose a bit of weight.
The initial target is 5000-6000 steps per day, or an equivalent cycle trip. That's on track so far, so we'll see.
I may need lots of energy to dig up some wheelchair blocking horse-styles off our bridleways , once persuasion has been worked on the County Council.
I was limited to100 steps a day by chemo. It was a hard time.
Got a Fitbit and started doing a little more each day. It worked. Nowadays I’ll know if I’ve done more than 20k in the unreplaced hip. Otherwise, I’m fine.
Six years on from chemo it was history. For me. YMMV
I've a friend who had two different leukaemias, which metastasized. During Covid, which he contracted. He's now in full remission, and back skiing.
How can a leukemia metastasise? (Genuine question).
Fox news analyst: iphones could be $2300 after these tariffs.
Fox host - waving iphone: don't drop these and make sure you have AppleCare folks.
WELP!
Their supply chain is probably the most complex in the world, so how they will work all this out is anyone's guess.
But in my naivety I am thinking the iphone arriving from China to UK will still be same price????
Should I buy a 16 pro now?
Why would the price change? Iphones are shipped straight from China to the UK. Unless Trump somehow taxes chip patents or IP licensing renevue, there's no reason to think it would.
If anything, the stock earmarked for the US will head to Europe. There now shouldn't be scope for scarcity price gouging here.
Apple might increase prices globally to protect the American consumer from the impact of the full tariffs.
Apple can't increase it's prices by the 20% it would need to to do that and keep it's current customer base.
A 20% difference between Apple and Samsung and suddenly those Samsung phones will look like and something worth investigating...
Nasdaq down 6.72%. At what point does this become a rout?
The most beautiful rout you've ever seen. The biggest. Just you wait. People are gonna love our rout. Those people in Asia and Europe - they... They've never had a rout like this. They're looking at our rout like JD looks at Greenland. When .....
Can anyone explain this ? Even more baffling to me than the tariffs.
21 biotech startups. Nobel Prize. AI for protein design breakthroughs. The US was building the future. Then it defunded the science behind it. World-class self-own. https://x.com/sethbannon/status/1907506074040578256
I am quite enjoying the prospect that they just ran it all through Grok or ChatGPT :
'A Reform UK candidate has been suspended from the party after posts on social media revealed his support for serial sex abuser Jimmy Savile.
Stephen Hartley was listed as standing for Reform UK in the Banbury Hardwick ward, ahead of local elections to Oxfordshire County Council on 1 May.
In an interview with the BBC, Mr Hartley confirmed he posted in 2022 that Savile was a "working class hero" and said that he may have "forgotten" to disclose his X account to Reform UK.'
Tweeting positively about Jimmy Savile seems an easy trap to avoid. What next,a hagiography of Fred and Rose West?
There's always that nice Mr. Hitler.
I had a friend who defected from the Tories to UKIP around the time you did, he concluded that David Cameron wasn’t wrong about the fruitcakes observation.
Apparently a 2015 UKIP candidate had previously posted on Facebook that Harold Shipman was a national treasure who deserves a posthumous pardon for ridding us of expensive burdens on the state when that money could be spent on tax cuts.
Kit Malthouse MP in the AD committee has expressed similar sentiments about the costs of caring for the vulnerable. He's an enthusiastic backer of AD.
Hospital leukemia checkup - saw the Consultant I lsat saw in 2023 when I was in hospital being de-absessed with surgery not applicable due to diabetic the healing times. He was the one who put me on a two week course of antibiotic infusions taking a couple of hours to drip in at 6am, 2pm and 10pm.
"You are back to normal" (that is, by the blood markers).
Bugger - I'm am now plumb out of excuses.
Fantastic news.
Apparently the Hairy Bone Marrow cells * are down to a whisker - under 1%, so it should be a few years before it comes out of remission significantly.
* Not quite right - it's the blood cells that go 'Hairy', but it's near enough.
Hairy cell leukemia (HCL) is a rare, slow-growing type of blood cancer that affects white blood cells called B lymphocytes, characterized by abnormal B cells with hair-like projections under a microscope. (Me: the docs characterise slow-growing as "indolent").
My photo quota: Hairy Cells. There like one of those things you use to wash your window.
I send you every good wish over your health issues
I have experienced life threatening health issues over the last 18 months, and just grateful my haematologist, cardiologist and vascular surgeon have all signed me off in the last 3 weeks until next year
Cheers.
The next step is to continue improving the exercise, and lose a bit of weight.
The initial target is 5000-6000 steps per day, or an equivalent cycle trip. That's on track so far, so we'll see.
I may need lots of energy to dig up some wheelchair blocking horse-styles off our bridleways , once persuasion has been worked on the County Council.
I've averaged 12,000 steps each day this week. Beautiful walks through Scottish hillsides and London parks in spectacular weather.
But not so sure it was appreciated by my knees though.
I'm averaging 1,500 calories burnt in exercise every day this year. Today: a 32km bike ride (outside), a 2.5 km swim, and a 3-mile walk.
Due to this and carefully watching my diet, for the first time in thirty years, I am down to 80kg in weight. I wasn't sure that was possible.
Congratulations! I lost 22kg last year and then put 4kg back on. Stable there, but would like to have another go at losing more. Struggling this year though…
People like Hegseth, Kennedy, and Gabbard are buffoons.
But, trying to understand the world outlook of intelligent MAGA’s like Vance, I think it’s like this.
Like Marxists, they see international power relations as about Who (rules) Whom. Every transaction has a winner and a loser. Gains for the USA mean losses for weaker nations, and gains for weaker nations mean losses for the USA.
In their eyes, the USA became great by enforcing its will upon weaker powers (Mexico, Spain, Hawaii, Indian nations). And, there is plainly truth in that.
As they see it, the rest of the world just sponges off the USA, and now it’s time to show them who’s boss.
Trying to take on the rest of the world at once isn't the wisest decision.
Indeed: @Sean_F has a great quote from Athens, just before the fall.
Thanks. And, it’s a great example of a quote which is misunderstood.
“The strong do as they will, the weak suffer what they must”, is not an eternal truth of power politics, but rather, a classic example of hubris being succeeded by nemesis.
The massacre at Melos was followed by the disaster at Syracuse, and ultimate defeat.
Hospital leukemia checkup - saw the Consultant I lsat saw in 2023 when I was in hospital being de-absessed with surgery not applicable due to diabetic the healing times. He was the one who put me on a two week course of antibiotic infusions taking a couple of hours to drip in at 6am, 2pm and 10pm.
"You are back to normal" (that is, by the blood markers).
Bugger - I'm am now plumb out of excuses.
Fantastic news.
Apparently the Hairy Bone Marrow cells * are down to a whisker - under 1%, so it should be a few years before it comes out of remission significantly.
* Not quite right - it's the blood cells that go 'Hairy', but it's near enough.
Hairy cell leukemia (HCL) is a rare, slow-growing type of blood cancer that affects white blood cells called B lymphocytes, characterized by abnormal B cells with hair-like projections under a microscope. (Me: the docs characterise slow-growing as "indolent").
My photo quota: Hairy Cells. There like one of those things you use to wash your window.
I send you every good wish over your health issues
I have experienced life threatening health issues over the last 18 months, and just grateful my haematologist, cardiologist and vascular surgeon have all signed me off in the last 3 weeks until next year
Cheers.
The next step is to continue improving the exercise, and lose a bit of weight.
The initial target is 5000-6000 steps per day, or an equivalent cycle trip. That's on track so far, so we'll see.
I may need lots of energy to dig up some wheelchair blocking horse-styles off our bridleways , once persuasion has been worked on the County Council.
I was limited to100 steps a day by chemo. It was a hard time.
Got a Fitbit and started doing a little more each day. It worked. Nowadays I’ll know if I’ve done more than 20k in the unreplaced hip. Otherwise, I’m fine.
Six years on from chemo it was history. For me. YMMV
I've a friend who had two different leukaemias, which metastasized. During Covid, which he contracted. He's now in full remission, and back skiing.
How can a leukemia metastasise? (Genuine question).
I tried to write a positive argument for Trump’s tariffs the other day almost as a thought experiment. Not sure it was completely persuasive but I will try and find it.
This was it: So, last night I was struggling to understand Trump's chart. I had assumed that he had arbitrarily assessed non tariff barriers to come up with his figures. It appears that he might have done that by evidencing the existence of NTBs by the existence of a deficit on the part of the US with that country.
So the theory of Trump is that relatively poor countries, like Vietnam, can only export their wares to the US if they buy sufficient goods (and possibly services, who knows) from the US to have a balanced trade.
Countries which do have broadly balanced trade with the US, like the UK get a 10% tariff anyway, just because.
Is there any of this that makes any sense at all? Well, the US (and the UK) has been running a trade deficit for a very long time. It has acted as consumer of last resort to the world and enormously assisted both the growth of China and East Asia by doing so. This has not been an act of gratuitous generosity but a source of cheap goods for the US (and UK) consumer as well as a major source of excess profits for large American companies that have transplanted production to these countries.
The way he has responded to this is batshit but I do think that a case can be made that (a) the US (and UK) trade deficits are simply not sustainable indefinitely. Trump mentioned last night that the consequence was that a majority of US assets are now foreign owned (this is bullshit but the accumulated foreign acquisition of capital assets is a problem here as well as in the US). (b) the longer term consequences of letting other people make all your stuff for you is not some Ricardian nirvana but unemployment and, eventually, poverty for the consumers.
I suppose the next question is will his policy work? Some of this is "already happening" as he put it. This is not a consequence of his tariffs but policies such as Biden's CHIPS Act which created strong NTBs in favour of US manufacture. If the US goes back into large scale manufacturing it will have addressed one problem and created jobs for American workers. The question is whether this will offset the economic chaos that disruption to flows of trade this will cause. My money would be on not but we shall see.
Slightly related, I was wondering about the impact on US tax revenues. If there was absolutely no change in behaviour, presumably US tax revenues would go up by a big amount.
But so would inflation, and therefore the servicing costs of US government debt.
I think Trump was touting it as a revenue earning change. In his dumbness he presumably thinks the rest of the world will be paying the tariffs, not US consumers.
Are we expecting Trump to demand that inflation is measured 'excluding tariffs'?
Hospital leukemia checkup - saw the Consultant I lsat saw in 2023 when I was in hospital being de-absessed with surgery not applicable due to diabetic the healing times. He was the one who put me on a two week course of antibiotic infusions taking a couple of hours to drip in at 6am, 2pm and 10pm.
"You are back to normal" (that is, by the blood markers).
Bugger - I'm am now plumb out of excuses.
Fantastic news.
Apparently the Hairy Bone Marrow cells * are down to a whisker - under 1%, so it should be a few years before it comes out of remission significantly.
* Not quite right - it's the blood cells that go 'Hairy', but it's near enough.
Hairy cell leukemia (HCL) is a rare, slow-growing type of blood cancer that affects white blood cells called B lymphocytes, characterized by abnormal B cells with hair-like projections under a microscope. (Me: the docs characterise slow-growing as "indolent").
My photo quota: Hairy Cells. There like one of those things you use to wash your window.
I send you every good wish over your health issues
I have experienced life threatening health issues over the last 18 months, and just grateful my haematologist, cardiologist and vascular surgeon have all signed me off in the last 3 weeks until next year
Cheers.
The next step is to continue improving the exercise, and lose a bit of weight.
The initial target is 5000-6000 steps per day, or an equivalent cycle trip. That's on track so far, so we'll see.
I may need lots of energy to dig up some wheelchair blocking horse-styles off our bridleways , once persuasion has been worked on the County Council.
I've averaged 12,000 steps each day this week. Beautiful walks through Scottish hillsides and London parks in spectacular weather.
But not so sure it was appreciated by my knees though.
I'm averaging 1,500 calories burnt in exercise every day this year. Today: a 32km bike ride (outside), a 2.5 km swim, and a 3-mile walk.
Due to this and carefully watching my diet, for the first time in thirty years, I am down to 80kg in weight. I wasn't sure that was possible.
Congratulations! I lost 22kg last year and then put 4kg back on. Stable there, but would like to have another go at losing more. Struggling this year though…
I've been looking at old photos recently. I find myself thinking 'who's that fat bastard pawing my wife?' I've lost 50 lbs since then.
Nasdaq down 6.72%. At what point does this become a rout?
The most beautiful rout you've ever seen. The biggest. Just you wait. People are gonna love our rout. Those people in Asia and Europe - they... They've never had a rout like this. They're looking at our rout like JD looks at Greenland. When .....
:: continues for 3hrs ::
The US is going to be invading Greenland soon to distract people from other stories.
Hospital leukemia checkup - saw the Consultant I lsat saw in 2023 when I was in hospital being de-absessed with surgery not applicable due to diabetic the healing times. He was the one who put me on a two week course of antibiotic infusions taking a couple of hours to drip in at 6am, 2pm and 10pm.
"You are back to normal" (that is, by the blood markers).
Bugger - I'm am now plumb out of excuses.
Fantastic news.
Apparently the Hairy Bone Marrow cells * are down to a whisker - under 1%, so it should be a few years before it comes out of remission significantly.
* Not quite right - it's the blood cells that go 'Hairy', but it's near enough.
Hairy cell leukemia (HCL) is a rare, slow-growing type of blood cancer that affects white blood cells called B lymphocytes, characterized by abnormal B cells with hair-like projections under a microscope. (Me: the docs characterise slow-growing as "indolent").
My photo quota: Hairy Cells. There like one of those things you use to wash your window.
I send you every good wish over your health issues
I have experienced life threatening health issues over the last 18 months, and just grateful my haematologist, cardiologist and vascular surgeon have all signed me off in the last 3 weeks until next year
Cheers.
The next step is to continue improving the exercise, and lose a bit of weight.
The initial target is 5000-6000 steps per day, or an equivalent cycle trip. That's on track so far, so we'll see.
I may need lots of energy to dig up some wheelchair blocking horse-styles off our bridleways , once persuasion has been worked on the County Council.
I've averaged 12,000 steps each day this week. Beautiful walks through Scottish hillsides and London parks in spectacular weather.
But not so sure it was appreciated by my knees though.
I'm averaging 1,500 calories burnt in exercise every day this year. Today: a 32km bike ride (outside), a 2.5 km swim, and a 3-mile walk.
Due to this and carefully watching my diet, for the first time in thirty years, I am down to 80kg in weight. I wasn't sure that was possible.
Congratulations! I lost 22kg last year and then put 4kg back on. Stable there, but would like to have another go at losing more. Struggling this year though…
People like Hegseth, Kennedy, and Gabbard are buffoons.
But, trying to understand the world outlook of intelligent MAGA’s like Vance, I think it’s like this.
Like Marxists, they see international power relations as about Who (rules) Whom. Every transaction has a winner and a loser. Gains for the USA mean losses for weaker nations, and gains for weaker nations mean losses for the USA.
In their eyes, the USA became great by enforcing its will upon weaker powers (Mexico, Spain, Hawaii, Indian nations). And, there is plainly truth in that.
As they see it, the rest of the world just sponges off the USA, and now it’s time to show them who’s boss.
Trying to take on the rest of the world at once isn't the wisest decision.
Indeed: @Sean_F has a great quote from Athens, just before the fall.
Thanks. And, it’s a great example of a quote which is misunderstood.
“The strong do as they will, the weak suffer what they must”, is not an eternal truth of power politics, but rather, a classic example of hubris being succeeded by nemesis.
The massacre at Melos was followed by the disaster at Syracuse, and ultimate defeat.
It’s all been done before.
Pericles turned the Athenian League into the Athenian Empire. The allies became subjects. The treasury of the Athenian League was held in Athens. This became the property of the Athenian Empire.
Pericles spent a shit ton on rebuilding the city - the Acropolis and the famous marbles of the Parthenon were just part of that. And got to be leader of Athens by popular acclamation.
The whole performance caused other city states to ally with the Spartans. Which in turn kicked off the war between Athens and Sparta. Which led to the ultimate defeat of Athens.
Yes, I think we do need to better understand Trump's thinking on things, rather than, or perhaps as well as, assessing it all as batshit crazy, so I'd like to express appreciation for DavidL, viewcode, Cookie and Leon's (understated!!) efforts to do this.
It hits better and enlightens more than the often very odd spin of WilliamGlenn and perhaps give us a better start point for the criticism.
There was one, just one, very good pro-Corbyn poster on here back in the day who put forward arguments that merited response whilst others just flapped about like chickens. I regret I forget his user name.
Fox news analyst: iphones could be $2300 after these tariffs.
Fox host - waving iphone: don't drop these and make sure you have AppleCare folks.
WELP!
Their supply chain is probably the most complex in the world, so how they will work all this out is anyone's guess.
But in my naivety I am thinking the iphone arriving from China to UK will still be same price????
Should I buy a 16 pro now?
Why would the price change? Iphones are shipped straight from China to the UK. Unless Trump somehow taxes chip patents or IP licensing renevue, there's no reason to think it would.
If anything, the stock earmarked for the US will head to Europe. There now shouldn't be scope for scarcity price gouging here.
Apple might increase prices globally to protect the American consumer from the impact of the full tariffs.
Apple can't increase it's prices by the 20% it would need to to do that and keep it's current customer base.
A 20% difference between Apple and Samsung and suddenly those Samsung phones will look like and something worth investigating...
That wouldn't tempt me to look at Samsung - I'm too invested in the Appleverse. But I would delay future Apple kit upgrades.
Robert Wolf on Fox News: "This big beautiful economy that actually was rolling pretty good with jobs and inflation coming down feels more like the Game of Thrones red wedding. I mean, it's not going well."
The difference was Trump won a nationwide election last year with a mandate to impose tariffs on imports, deport immigrants, cut the size of government and cut taxes go to war on woke and reduce US intervention in foreign wars.
Your point being?
We may not like it, but Trump has so far done everything he said he'd do.
The fact is that most of the people who voted for him either: - Didn't think he meant what he said; and/or - Didn't understand the likely impact of the policy (Tariffs are paid by other countries being the biggest fib).
Now, some of the latter is due to lies Trump said about how tariffs work but the electorate should've perhaps not taken his word for it and checked that, no, actually, tariffs are paid by THEM not foreign governments.
Trump 2.0 is a disaster for the US economy, the US democratic system and is likely to end up with the US cedeing its status as No1 in the world (and possibly its claim to being a superpower - 19th century 'great powers' may be on the way back) but you can't say you weren't warned.
Blooming heck, I'm making myself sick thinking about the wreckage he's inflicting.....
FOX BIZ: The Dow in correction. It loses the third most points in history.
*cuts to Kudlow*
KUDLOW: Alright, the stock market's tariff tantrum continues, but you know? Key countries around the world are lining up to negotiate with President Trump. How about that?
FOX BIZ: The Dow in correction. It loses the third most points in history.
*cuts to Kudlow*
KUDLOW: Alright, the stock market's tariff tantrum continues, but you know? Key countries around the world are lining up to negotiate with President Trump. How about that?
FOX BIZ: The Dow in correction. It loses the third most points in history.
*cuts to Kudlow*
KUDLOW: Alright, the stock market's tariff tantrum continues, but you know? Key countries around the world are lining up to negotiate with President Trump. How about that?
FOX BIZ: The Dow in correction. It loses the third most points in history.
*cuts to Kudlow*
KUDLOW: Alright, the stock market's tariff tantrum continues, but you know? Key countries around the world are lining up to negotiate with President Trump. How about that?
Investors may be running for the hills, but Bessent is NOT.
In response to talk that Secretary Bessent is potentially eying an exit to the Fed- A senior official inside the administration telling me.
“Secretary Bessent is more committed than ever to his role as treasury secretary - he is meeting with the president several times a day and communicating with the rest of the cabinet.
Obviously this week’s market reaction is painful - but this is about an economic reset.
The secretary has no interest in moving to the Fed and his core focus of addressing our crippling debt/deficit”
Hospital leukemia checkup - saw the Consultant I lsat saw in 2023 when I was in hospital being de-absessed with surgery not applicable due to diabetic the healing times. He was the one who put me on a two week course of antibiotic infusions taking a couple of hours to drip in at 6am, 2pm and 10pm.
"You are back to normal" (that is, by the blood markers).
Bugger - I'm am now plumb out of excuses.
Fantastic news.
Apparently the Hairy Bone Marrow cells * are down to a whisker - under 1%, so it should be a few years before it comes out of remission significantly.
* Not quite right - it's the blood cells that go 'Hairy', but it's near enough.
Hairy cell leukemia (HCL) is a rare, slow-growing type of blood cancer that affects white blood cells called B lymphocytes, characterized by abnormal B cells with hair-like projections under a microscope. (Me: the docs characterise slow-growing as "indolent").
My photo quota: Hairy Cells. There like one of those things you use to wash your window.
I send you every good wish over your health issues
I have experienced life threatening health issues over the last 18 months, and just grateful my haematologist, cardiologist and vascular surgeon have all signed me off in the last 3 weeks until next year
Cheers.
The next step is to continue improving the exercise, and lose a bit of weight.
The initial target is 5000-6000 steps per day, or an equivalent cycle trip. That's on track so far, so we'll see.
I may need lots of energy to dig up some wheelchair blocking horse-styles off our bridleways , once persuasion has been worked on the County Council.
I was limited to100 steps a day by chemo. It was a hard time.
Got a Fitbit and started doing a little more each day. It worked. Nowadays I’ll know if I’ve done more than 20k in the unreplaced hip. Otherwise, I’m fine.
Six years on from chemo it was history. For me. YMMV
I've a friend who had two different leukaemias, which metastasized. During Covid, which he contracted. He's now in full remission, and back skiing.
How can a leukemia metastasise? (Genuine question).
Thanks for the link - a fascinating paper and perspective for a Friday night. While I can see the authors argument, it think it’s not a particularly helpful idea as there are clear differences t from the behaviour of solid tumours.
People like Hegseth, Kennedy, and Gabbard are buffoons.
But, trying to understand the world outlook of intelligent MAGA’s like Vance, I think it’s like this.
Like Marxists, they see international power relations as about Who (rules) Whom. Every transaction has a winner and a loser. Gains for the USA mean losses for weaker nations, and gains for weaker nations mean losses for the USA.
In their eyes, the USA became great by enforcing its will upon weaker powers (Mexico, Spain, Hawaii, Indian nations). And, there is plainly truth in that.
As they see it, the rest of the world just sponges off the USA, and now it’s time to show them who’s boss.
Trying to take on the rest of the world at once isn't the wisest decision.
Indeed: @Sean_F has a great quote from Athens, just before the fall.
Thanks. And, it’s a great example of a quote which is misunderstood.
“The strong do as they will, the weak suffer what they must”, is not an eternal truth of power politics, but rather, a classic example of hubris being succeeded by nemesis.
The massacre at Melos was followed by the disaster at Syracuse, and ultimate defeat.
It’s all been done before.
Pericles turned the Athenian League into the Athenian Empire. The allies became subjects. The treasury of the Athenian League was held in Athens. This became the property of the Athenian Empire.
Pericles spent a shit ton on rebuilding the city - the Acropolis and the famous marbles of the Parthenon were just part of that. And got to be leader of Athens by popular acclamation.
The whole performance caused other city states to ally with the Spartans. Which in turn kicked off the war between Athens and Sparta. Which led to the ultimate defeat of Athens.
Make Athens Great Again.
The Fifth and Fourth centuries BC produced many charismatic leaders, and great artists, dramatists, and philosophers.
But the funny thing is the Greeks were incompetent, at politics, diplomacy, and war.
The Macedonians, and then the Romans, were simply in a different league, in those fields.
Hint for Americans: He wasn't a great businessman, it was just a TV show, he wasn't worth billions, he lied about his worth, he is not a great deal maker, a ghost writer wrote the book, he inherited 400 million and lost it all, he bankrupted 6 businesses, he cheated stockholders
Hint for Americans: He wasn't a great businessman, it was just a TV show, he wasn't worth billions, he lied about his worth, he is not a great deal maker, a ghost writer wrote the book, he inherited 400 million and lost it all, he bankrupted 6 businesses, he cheated stockholders
Hint for Americans: He wasn't a great businessman, it was just a TV show, he wasn't worth billions, he lied about his worth, he is not a great deal maker, a ghost writer wrote the book, he inherited 400 million and lost it all, he bankrupted 6 businesses, he cheated stockholders
The Dems missed a trick . They should have just lied relentlessly. You’ll find though that the Trump cult still remains largely unmoved by recent events . Their two brain cells are still trying to get to the acceptance stage that Trump is crapping all over them.
I do feel they could have phrased that headline better. He is a sitting MSP but now a former Tory. Really, just "Tory MSP Jamie Greene defects to Lib Dems" would work.
So Trump still isn't nearly as bad as Brown and Darling who of course crashed the World in 2008.
The problem was, Brown spent years making out he'd stopped "boom and bust" (aka the economic cycle) so when the bubble burst his hubris came back to bite him.
Nobody ever seriously thought he'd actually caused the global crash.
Comments
But in my naivety I am thinking the iphone arriving from China to UK will still be same price????
One of the things MAGA is a reaction against the idea that the USA is no longer unambiguously, exponentially Top Nation. It used to the that the USA could just barge in and point out who was boss. Now, it's a bit less obvious that it can.
The Trump Tariffama could end up both clarifying America's reduced strength and accelerating that weakening- currently relative but maybe about to go absolute.
But that would require targeted tariffs.
Bessent?
Rubio?
I do wonder where all the machines needed in all these new factories will come from - if they really want to move all those factories back to the US, then they'll need lots of machines, tools and other technical ephemera. Much of which comes from abroad.
The factories themselves are going to be expensive to build under the tariffs...
So, last night I was struggling to understand Trump's chart. I had assumed that he had arbitrarily assessed non tariff barriers to come up with his figures. It appears that he might have done that by evidencing the existence of NTBs by the existence of a deficit on the part of the US with that country.
So the theory of Trump is that relatively poor countries, like Vietnam, can only export their wares to the US if they buy sufficient goods (and possibly services, who knows) from the US to have a balanced trade.
Countries which do have broadly balanced trade with the US, like the UK get a 10% tariff anyway, just because.
Is there any of this that makes any sense at all? Well, the US (and the UK) has been running a trade deficit for a very long time. It has acted as consumer of last resort to the world and enormously assisted both the growth of China and East Asia by doing so. This has not been an act of gratuitous generosity but a source of cheap goods for the US (and UK) consumer as well as a major source of excess profits for large American companies that have transplanted production to these countries.
The way he has responded to this is batshit but I do think that a case can be made that (a) the US (and UK) trade deficits are simply not sustainable indefinitely. Trump mentioned last night that the consequence was that a majority of US assets are now foreign owned (this is bullshit but the accumulated foreign acquisition of capital assets is a problem here as well as in the US). (b) the longer term consequences of letting other people make all your stuff for you is not some Ricardian nirvana but unemployment and, eventually, poverty for the consumers.
I suppose the next question is will his policy work? Some of this is "already happening" as he put it. This is not a consequence of his tariffs but policies such as Biden's CHIPS Act which created strong NTBs in favour of US manufacture. If the US goes back into large scale manufacturing it will have addressed one problem and created jobs for American workers. The question is whether this will offset the economic chaos that disruption to flows of trade this will cause. My money would be on not but we shall see.
Shock as Rupert Lowe's gun collection seized by police
Lowe says police action is another case of Reform 'maliciously smearing' his name
Reform spokesman: said: “Mr Lowe is being investigated by the police for making multiple threats to kill our chairman”
Got a Fitbit and started doing a little more each day. It worked. Nowadays I’ll know if I’ve done more than 20k in the unreplaced hip. Otherwise, I’m fine.
Six years on from chemo it was history.
For me. YMMV
Having thaf happen isn't normal market risk, and will have long term consequences. At the very least while this current parcel of fools is in government.
Sir Isaac Newton told us why
an apple falls down from the sky
And from this fact, it's very plain,
all other objects do the same
A brick, a bolt, a bar, a cup,
invariably fall down, not up
And every common working tool
is governed by the self-same rule
So when you handle tools up there,
let your watchword be "Take Care"
If at work, you drop a spanner,
it travels in a downward manner
The story that the story came from a disgruntled civil servant came from a disgruntled civil servant.
He's now in full remission, and back skiing.
I'm sure it certainly terrifies Morgan as he does his strategies.
Darren Grimes
@darrengrimes_
I left GB News.
Debating Britain’s decline from a London studio wasn’t fruitful.
I’m home to take a stand.
https://x.com/darrengrimes_/status/1908051914782023902
But as Keynes once observed, 'in the long run we are all dead'.
Even more baffling to me than the tariffs.
21 biotech startups. Nobel Prize. AI for protein design breakthroughs. The US was building the future. Then it defunded the science behind it. World-class self-own.
https://x.com/sethbannon/status/1907506074040578256
https://x.com/lxeagle17/status/1908218291094773919
Good luck.
At what point does this become a rout?
A 20% difference between Apple and Samsung and suddenly those Samsung phones will look like and something worth investigating...
But here we are.
:: continues for 3hrs ::
https://www.youtube.com/watch?v=GmaJsU7TQF0
“The strong do as they will, the weak suffer what they must”, is not an eternal truth of power politics, but rather, a classic example of hubris being succeeded by nemesis.
The massacre at Melos was followed by the disaster at Syracuse, and ultimate defeat.
I have tariffed
the penguins
that are on
Heard Island
and which
you were probably
assuming
did not export goods
forgive me
they were taking advantage of us
so cunning
and so cold
https://bsky.app/profile/verybadllama.bsky.social/post/3llwo3jxxas2v
He’s a grifter. How can anyone not see this.
https://pmc.ncbi.nlm.nih.gov/articles/PMC8722462/
But so would inflation, and therefore the servicing costs of US government debt.
I think Trump was touting it as a revenue earning change. In his dumbness he presumably thinks the rest of the world will be paying the tariffs, not US consumers.
Are we expecting Trump to demand that inflation is measured 'excluding tariffs'?
Pericles turned the Athenian League into the Athenian Empire. The allies became subjects. The treasury of the Athenian League was held in Athens. This became the property of the Athenian Empire.
Pericles spent a shit ton on rebuilding the city - the Acropolis and the famous marbles of the Parthenon were just part of that. And got to be leader of Athens by popular acclamation.
The whole performance caused other city states to ally with the Spartans. Which in turn kicked off the war between Athens and Sparta. Which led to the ultimate defeat of Athens.
Make Athens Great Again.
It hits better and enlightens more than the often very odd spin of WilliamGlenn and perhaps give us a better start point for the criticism.
There was one, just one, very good pro-Corbyn poster on here back in the day who put forward arguments that merited response whilst others just flapped about like chickens. I regret I forget his user name.
https://x.com/highbrow_nobrow/status/1907130858491793556
BREAKING: Dow down 2,000 points
https://x.com/JesseRodriguez/status/1908229537684402357
https://x.com/ditzkoff/status/1908177981589106795
https://bsky.app/profile/josephpolitano.bsky.social/post/3llz62xpysk2a
Robert Wolf on Fox News: "This big beautiful economy that actually was rolling pretty good with jobs and inflation coming down feels more like the Game of Thrones red wedding. I mean, it's not going well."
https://bsky.app/profile/atrupar.com/post/3llz6vv53sf2c
The fact is that most of the people who voted for him either:
- Didn't think he meant what he said; and/or
- Didn't understand the likely impact of the policy (Tariffs are paid by other countries being the biggest fib).
Now, some of the latter is due to lies Trump said about how tariffs work but the electorate should've perhaps not taken his word for it and checked that, no, actually, tariffs are paid by THEM not foreign governments.
Trump 2.0 is a disaster for the US economy, the US democratic system and is likely to end up with the US cedeing its status as No1 in the world (and possibly its claim to being a superpower - 19th century 'great powers' may be on the way back) but you can't say you weren't warned.
Blooming heck, I'm making myself sick thinking about the wreckage he's inflicting.....
♫Dow down, deeper and down...♫
FOX BIZ: The Dow in correction. It loses the third most points in history.
*cuts to Kudlow*
KUDLOW: Alright, the stock market's tariff tantrum continues, but you know? Key countries around the world are lining up to negotiate with President Trump. How about that?
https://bsky.app/profile/atrupar.com/post/3llz7kdpbvp2x
S&P 500 saw its worst two-day plunge since March 2020 in a rout that has shed ~$5 trillion in value, gauge down 6% today.
The Nasdaq 100 entered a bear market.
Treasury 10-year yields slid two basis points to 4.01%.
Money markets fully priced in 4 Fed cuts this year.
https://x.com/annmarie/status/1908250645695783062
Investors may be running for the hills, but Bessent is NOT.
In response to talk that Secretary Bessent is potentially eying an exit to the Fed-
A senior official inside the administration telling me.
“Secretary Bessent is more committed than ever to his role as treasury secretary - he is meeting with the president several times a day and communicating with the rest of the cabinet.
Obviously this week’s market reaction is painful - but this is about an economic reset.
The secretary has no interest in moving to the Fed and his core focus of addressing our crippling debt/deficit”
https://x.com/SRuhle/status/1908250911769506289
But the funny thing is the Greeks were incompetent, at politics, diplomacy, and war.
The Macedonians, and then the Romans, were simply in a different league, in those fields.
.@katyperry Katy, what the hell were you thinking when you married loser Russell Brand. There is a guy who has got nothing going, a waste!
https://x.com/realdonaldtrump/status/522897870891261952?s=46&t=CW4pL-mMpTqsJXCdjW0Z6Q
Hint for Americans: He wasn't a great businessman, it was just a TV show, he wasn't worth billions, he lied about his worth, he is not a great deal maker, a ghost writer wrote the book, he inherited 400 million and lost it all, he bankrupted 6 businesses, he cheated stockholders
https://x.com/SouthPoint1000/status/1908209020353339595
Sen. Sheehy on tariffs: "It's certainly going to have a negative impact shortly ... [but] we have to be able to be self-sufficient."
https://bsky.app/profile/atrupar.com/post/3llz4nb6m4t22
@basmitharts.bsky.social
We're all going to be subsistence farmers because of woke.
@ninaburleigh
And the White House just released this communique.
https://x.com/ninaburleigh/status/1908253956691877954
Bring down prices and end inflation?
https://x.com/Banxcartoons/status/1908257611310354733
North Carolina judges back Republican colleague in bid to toss votes and overturn election
Appeals court sides with Jefferson Griffin, who lost supreme court election and wants thousands of ballots thrown out
https://www.theguardian.com/us-news/2025/apr/04/north-carolina-court-ballots-republicans
Nobody ever seriously thought he'd actually caused the global crash.