More they don't think their choices and actions have consequences. Mostly they still think that The most striking thing about MAGA to me, beyond its nastiness, is the self indulgence of everyone… (View Post)

China seems very serious about forcing the US to ditch the tariffs. They are throwing everything at it. (View Post)

If you introduce trade friction and additional costs that inevitably reduces trade and investment, with a consequent real reduction in wealth. What the modelling does is to put a value on the loss of… (View Post)

The productivity cost of Brexit per OBR is 4% of yearly GDP, according with other economists of up to 6% hit, which maps to around £100 billion a year. The potential US tariff savings against the EU … (View Post)

Brexit was economically illiterate, as your comment here so clearly demonstrates, just as Trump's tariffs are also economically illiterate. The only good thing about the tariffs is that they can… (View Post)