96
Thats nice, but what about the epstein files
"Unexpectedly". In what universe was this "unexpected"?
"unexpectedly"?
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Tariffs will force outsourced manufacturers to bring back industry to the US, because they will raise the cost of imports
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Tariffs will not raise the price of primarily imported domestic consumers goods
You cannot truly understand Trumpism until you can hold these two ideas in your brain simultaneously, without experiencing dissonance.
Excluding volatile food and energy prices, so-called core producer prices rose 0.9% from June, biggest month-over-month jump since March 2022. Compared with a year ago, core wholesale prices rose 3.7% after posting a 2.6% year-over-year jump in June.
Globally speaking, this isn't horrible. It's not good, but plenty of countries that don't enjoy a global reserve currency have experienced far worse.
However, we've also seen the USD slide a full 15-pts relative to the Euro since January.
That size shift in the Forex Market suggests a significant drift away from the Dollar as a reserve currency. Combined with our total disregard for accrued debts and the repeated whispers among conservative congressmen about balancing the budget through a debt default, we're playing an incredibly dangerous game.
I can't even begin to imagine the maga nonsense that will be spewed to justify this.
this post was submitted on 14 Aug 2025
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