GLOBAL ECONOMY DRAMA -- EU preparing response to Trump tariffs
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comments and news from net, Posted in Economy-(Global)
EU preparing response to Trump tariffs
https://www.rt.com/news/615312-eu-response-tariffs-trump/
https://www.cnbc.com/2025/04/07/jamie-dimon-trump-tariffs-inflation-economy.html
https://www.rt.com/business/615370-china-trump-tariffs-fight/
https://www.activistpost.com/the-rise-of-neo-mercantilism-how-u-s-weaponizes-economic-and-trade-with-china/
https://www.rt.com/business/615354-germany-audi-supply-suspension-us/
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** THE SOBERING 411 ** = = = NEWS COVERAGE - Recession Has Actually Commenced
More after-action reports on "The gang that couldn't shoot straight"
https://www.foxbusiness.com/markets/bill-ackman-calls-90-day-time-out-tariffs-risk-self-induced-economic-nuclear-winter
MAYBE A RECESSION? MAYYYYBE? -- GUESS WHAT: -- RECESSION HAS ALREADY COMMENCED
https://www.youtube.com/watch?v=bqcuxBovqzg
https://www.bloomberg.com/news/articles/2025-04-07/larry-fink-says-most-ceos-he-talks-to-think-we-re-in-recession
https://www.cnbc.com/2025/04/07/ceos-think-the-us-is-probably-in-a-recession-right-now-says-blackrocks-larry-fink.html
LARRY SUMMERS
https://www.yahoo.com/finance/video/larry-summers-thinks-reassuring-people-001857899.html
KEN LANGONE
https://www.cnbc.com/2025/04/07/trump-tariffs-live-updates-stock-market-crypto.html
CONSUMERS HAVE Nooooo ABILITY TO ABSORB ANY HIGHER PRICES
This will lead to corporate layoffs ... DJT's Billionaire Boys Club should know this
but living in a caviar-lifesytle bubble... seemingly, they don't.
https://youtu.be/m5FzObLMVuo?t=176
WISHFUL THINKING
https://youtu.be/tl9qHkY_D3s?t=429
JEREMY SIEGEL
https://youtu.be/YXBwYHQthqo?t=38
EL ERIAN
https://www.youtube.com/watch?v=G2PZmB3fqJM
BLOOMBERG NEWS
https://youtu.be/m5FzObLMVuo?t=55
SUSPICIANS ARE ARISING
That there is a grand strategy behind this tariff program, but that it is evil and not even some well-meaning but fanciful wishful thinking. The suspicious among the market watchers are conjecturing that this literally stupid and grossly malconstructed tariff program is meant to intentionally spur a financial crisis, wherein opportunistic banksters, mega-wealthy investors, and Blackrock-esque Blackstone-esque hedge funds will swoop in to buy up distressed real estate and distressed corporations at pennies on the dollar. In other words, the strategy is a scam strategy for another massive transfer of wealth to the fraction of a fraction of the mega-rich. Cause for such suspicion? Two major causes... One is that the engineered 2008 meltdown was clearly a scheme to do that and then grab up distressed real estate. And secondly, the fact that it's been obviated -- the Panama Canal covetousness is a scheme to put BlackRock in control of the canal, not the US government.
CNN-BIZ REPORTAGE
https://www.youtube.com/watch?v=tl9qHkY_D3s&t=201s
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