Jen
@mettelaire.bsky.social
Reposted by Jen
It's kinda wild that the FOMC considers the balance of risks to growth to be more downwardly skewed than at any other time in the last 17 years.
March 20, 2025 at 1:14 PM
It's kinda wild that the FOMC considers the balance of risks to growth to be more downwardly skewed than at any other time in the last 17 years.
Reposted by Jen
Reposted by Jen
this is where the analogy to Brexit is really useful. A similar attitude that the US is completely self-sufficient and needs nothing from anyone. Too bad a lot of innocent people are gonna find out the hard way that this isn’t true.
There are going to be, I believe, a cascade of economic issues this summer related to the tourist industry. Fewer people will come here to travel. Fewer people will come here to work within the industry.
a friend flying home to the US from Heathrow texts from the runway: “I don’t think I’ve been on such an empty flight since October 2001. I wonder if people are reluctant to come to America now. It’s literally 5% full. If that."
March 20, 2025 at 4:42 PM
this is where the analogy to Brexit is really useful. A similar attitude that the US is completely self-sufficient and needs nothing from anyone. Too bad a lot of innocent people are gonna find out the hard way that this isn’t true.