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Economy-(Global)

GLOBAL ECONOMY DRAMA -- EU preparing response to Trump tariffs

By 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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China to impose 34% retaliatory tariff on all goods imported from the U.S.

By from net, Posted in Economy-(Global)

https://www.cnbc.com/2025/04/04/china-to-impose-34percent-retaliatory-tariff-on-all-goods-imported-from-the-us.html

https://www.cnbc.com/2025/04/03/stock-market-today-live-updates.html

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CNN panel:

Most of USA's lost manufacturing jobs... never coming back no matter what is done

https://www.youtube.com/watch?v=aWSawuBmFqs

https://www.youtube.com/watch?v=RMzPjXsdPw0

Here's the list... of Trump's tariffs

By from net, Posted in Economy-(Global)

https://www.msnbc.com/opinion/msnbc-opinion/trump-liberation-day-tariffs-us-economy-rcna198940

https://www.foxnews.com/media/treasury-secretary-bessent-tells-countries-not-retaliate-after-sweeping-liberation-day-tariffs

https://www.cnbc.com/2025/04/03/china-pledges-countermeasures-against-sweeping-us-tariffs-donald-trump.html

https://www.cnn.com/business/live-news/tariffs-trump-news-04-02-25/index.html

https://www.godlikeproductions.com/forum1/message5972252/pg1

https://www.usatoday.com/story/news/politics/2025/04/02/tariffs-trump-economy-stock-market-live-updates/82757004007/

Meanwhile

https://www.godlikeproductions.com/forum1/message5972254/pg1

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Chris Cuomo gives a remarkably sobering and sensible analysis --of the downsides of DJT's Tariff Project ... MUST HEAR

https://www.youtube.com/watch?v=TyrInxKtY8o

NBC News - The broad swath of econ experts do not cheer.. DJT's tariff plan

https://www.youtube.com/watch?v=Xe3jJnfTbN0

https://www.youtube.com/watch?v=1TP7IR4gX6w

Gillian Tett

https://youtu.be/3PXVrLH4zSU?t=127

BBC report

https://www.youtube.com/watch?v=KLAUWbt9xBg

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Larry Summers excoriates the DJT tariffs

https://www.youtube.com/watch?v=qPoWR7lI_7g

El Erian

https://www.youtube.com/watch?v=b4vtyfKaNxo

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What's being said across the REAL news media... post- LIBERATION DAY

Example:

https://youtu.be/4YQ3lDFlj5M?t=125

(The massive tariff project was/is stil part of the flood the zone strategy, and what we're seeing is that flood the zone is turning out to be a massive fail. And it seems more like it was a writers' room idea from the 1950's Sid Caesar show ["Try this idea:The new Presidential team adops the concept-- 'Let's just flood the zone and let them all try to figure out what we're doing. In their compusion to analyize things they'll impute there must be some cogent well thought-out strategey'. Meanwhile what comes out is a play looking like it's produced by Zero Mostel"].. In politics you just CANNOT DO -too much too fast. It becomes a mess like trying to power drill thru a wall of silly putty. Too too too messy.)

Yanis comments about 'LIBERATION DAY':

https://youtu.be/FisWeqvblvQ?t=480 --- [important to hear, listen to the end]

(Yanis is correct.... Whatever capital flow this engenders back into the USA will NOT bring with it a tsunami of jobs rapidly created.. Because the tariff plan lacks an accompanying incentive plan for reinvestment in manufacturting. This is a key point-- Because manufacturing gives a lower profit margin than service industries.)

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BITING SATIRE about LIBERATION DAY

Gotta keep in mind... even a broken clock is accurate twice a day. This next video is from the horribly loathsome, creepy, radical leftist SETH MEYERS. And of course, generally speaking, the mere hearing of his name is cringe-producing. HOWEVER, hold the phone. WHAT IS THIS? Oh, goodness, he's somehow produced a sterling piece of well-thought-out satire. Hard to believe, but yes. This is an adroit and on-point (and funny) satirical roasting. Compelling because what he says in it... is the obvious set of facts in evidence. This is a must hear. It's painful to hear, but it NEEDS TO BE LISTENED TO. All the way to the end.

https://www.youtube.com/watch?v=tLRdz2e1rWw


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