The rise in treasury yields since Trump’s tariffs were announced leads to an increase in US debt interest payments that is larger than all the DOGE savings.
The rise in treasury yields since Trump’s tariffs were announced leads to an increase in US debt interest payments that is larger than all the DOGE savings.
Usually US economic pain is cushioned by falling bond yields and a strengthening dollar, which mean lower interest rates and more spending power for consumers.
This time we’re seeing the opposite, meaning the pain will be amplified.
Usually US economic pain is cushioned by falling bond yields and a strengthening dollar, which mean lower interest rates and more spending power for consumers.
This time we’re seeing the opposite, meaning the pain will be amplified.
Perhaps Trump’s real MAGA legacy will be Making Americans Globalists Again
Perhaps Trump’s real MAGA legacy will be Making Americans Globalists Again
www.vox.com/politics/410...
www.vox.com/politics/410...
For the first time on record, China's emissions are falling due to clean energy growth, not slow power demand
Full analysis + outlook by Lauri Myllyvirta:
www.carbonbrief.org/...
1/7
For the first time on record, China's emissions are falling due to clean energy growth, not slow power demand
Full analysis + outlook by Lauri Myllyvirta:
www.carbonbrief.org/...
1/7
The employment rate of native workers *went down* noticeably as a direct result. (You read that correctly)
Why?
Forced repatriation destroyed low-skill markets.
www.sciencedirect.com/science/arti...
The employment rate of native workers *went down* noticeably as a direct result. (You read that correctly)
Why?
Forced repatriation destroyed low-skill markets.
www.sciencedirect.com/science/arti...
Many of the people doing these jobs end up with PTSD or depression www.theguardian.com/world/2024/d...
Many of the people doing these jobs end up with PTSD or depression www.theguardian.com/world/2024/d...
Some of those stories may even be true!
But an underrated factor is that 2024 was an absolutely horrendous year for incumbents around the world 👇 
Some of those stories may even be true!
But an underrated factor is that 2024 was an absolutely horrendous year for incumbents around the world 👇 
BOOM SHAKALAKA 💥
1) The Iraq War won’t cost a lot of money
3) We won’t need a lot of troops
4) We’ll bring peace and freedom to Iraq
5) We’ll find WMDs
6) We’ll be welcomed as liberators
7) It will be easy
8) It won’t take long
All lies.
1) The Iraq War won’t cost a lot of money
3) We won’t need a lot of troops
4) We’ll bring peace and freedom to Iraq
5) We’ll find WMDs
6) We’ll be welcomed as liberators
7) It will be easy
8) It won’t take long
All lies.