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Beiträge, die mit Economics getaggt sind
Genius move to lose $9 trillion of actual value to try to address a smaller trade deficit that isn’t an actual debt. 🤦♂️
#USpol #tariffs #TrumpTariffs #economy #economics
![screenshot of a post by News Eye
@newseye.bsky.social:
So far, Trump has lost $9 trillion in stock market value in an attempt to fix a $1.2 trillion trade deficit.
It's not possible to fully articulate the stupidity currently governing the USA.
[graphic of rectangles sized by capitalization and colored red indicating individual stock loses at a glance]
April 6, 2025 at 2:45 PM](https://inne.city/photo/preview/640/290007 "screenshot of a post by News Eye
@newseye.bsky.social:
So far, Trump has lost $9 trillion in stock market value in an attempt to fix a $1.2 trillion trade deficit.
It's not possible to fully articulate the stupidity currently governing the USA.
[graphic of rectangles sized by capitalization and colored red indicating individual stock loses at a glance]
April 6, 2025 at 2:45 PM")
"The billionaire #Ackman, a staunch Trump supporter, put the market's fears about the fate of the global economy in the starkest terms possible.
What they're saying: "The President has an opportunity on Monday to call a time out and have the time to execute on fixing an unfair tariff system. Alternatively, we are 👉heading for a self-induced, economic nuclear winter, and we should start hunkering down👈," Ackman wrote in a lengthy post to X."
The theory says that businesses succeed when customers have the money to buy their products. Therefore, the theory says, it's good for unemployment to remain low, because when it is high there are too many people who can't afford to buy stuff, and businesses fail.
Makes sense, right?
No, not for Elon Musk, it doesn't.
Let's dive in. First, Tesla.
#economics #unemployment #politics #USPol
🧵1/8
This is incredible. The White House sent out the Deputy Press Secretary Kush Desai to protest that the equation for tariffs on a country was definitely *not* just calculated as just (trade_deficit / imports) but instead calculated as [insert greek letter arithmetic that looks complicated].
What #KushDesai did not realize is that the values chosen for the greek letters in the equation he cited in the paper he cited it from make the formula reduce to…
trade_deficit / imports
"It's essentially #CriticalTradeTheory. Any trade imbalance between two countries is de facto evidence of systemic unfair trade practices."
x.com/KushDesai47/status/19076…
#Tariffs #MAGA #Trump #uspol #eupol #asia #China #PRC #Math #Mathematics #economics #economy #recession #corruption
#YonhapInfomax #InsuranceCompanies #HouseholdLoans #DelinquencyRates #NonPerformingLoans #FinancialSupervisoryService #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV…
The Walmart Effect
New research suggests that the company makes the communities it operates in poorer—even taking into account its famous low prices.Rogé Karma (The Atlantic)
Found an interesting graph with absolutely no relation to current events on Wikipedia.
en.wikipedia.org/wiki/File:Lif…
I forget who I learned this from, but it's pretty useful to add Reagan's face right around 1981 to help understand changes in US over time.
