It's official: The intelligentsia has really lost its mind (#890832).
Here's the front page of the FT today... fair enough there was news, but like every single story is about Trump?!
Fucking hell
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59 sats \ 4 replies \ @028559d218 3 Apr
I mean... he did cause the large downturn in the financial markets?
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0 sats \ 3 replies \ @denlillaapan OP 3 Apr
true, true, so let's do one or two slots on that.
... but every single front-page story a Trump story...? WTH
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7 sats \ 2 replies \ @028559d218 3 Apr
Well... I mean he is the President ;)
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0 sats \ 1 reply \ @denlillaapan OP 3 Apr
I aaaaam the king
"Again with the king stuff..."
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0 sats \ 0 replies \ @028559d218 3 Apr
Lol I love Reason TV
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71 sats \ 2 replies \ @Solomonsatoshi 3 Apr
The tariffs are a radical departure from conventional economic wisdom.
Combined with Trumps other actions they signal an increasingly isolationist USA completely at odds with its traditional allies and trade partners.
The tariffs confirm a USA that the rest of the world sees as increasingly deranged.
Do Libertarians support the tariffs or believe they are in any way a credible means to reverse the decline of US wealth and power?
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0 sats \ 1 reply \ @denlillaapan OP 3 Apr
True, true.
I don't speak for the Libertarian party (uppercase) so who knows... but no, generally tariffs are anti-economic/obviously pareto inefficient.
We'll see what it achieves it terms of geopol negotiation cloud and/or lowering world prices via Optimal Tariff Theory
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0 sats \ 0 replies \ @Solomonsatoshi 3 Apr
Seems likely in geopol terms to push other nations closer together.
Already China claims to be working with Japan and S.Korea on how to respond to the latest tariffs.
Europe and China with Japan, S.Korea and the rest of S.E. Asia now have more to gain by increasing trade between themselves and US ends up isolated and irrelevant.
China could further advance trade payments denominated in Yuan/mBrigde protocol and the USD loses its trade payments predominance, costing USA one of its last significant strategic advantages.
'Optimal Tariff Theory'?? Tariffs never lower prices!
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98 sats \ 1 reply \ @Undisciplined 3 Apr
Know your audience
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38 sats \ 0 replies \ @denlillaapan OP 3 Apr
...audience capture.
We no longer report the news, but only shove pictures and headlines of orange man at our readers. Quid-pro-quo
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21 sats \ 0 replies \ @Satosora 3 Apr
Its big news if you use fiat.
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28 sats \ 1 reply \ @grayruby 3 Apr
Media must be secretly loving Trump back in office.
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40 sats \ 0 replies \ @denlillaapan OP 3 Apr
secretly?!
Dude, they're salivating.
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14 sats \ 2 replies \ @022fbc9cef 3 Apr
It is quite a big news. Recession ahead.
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0 sats \ 1 reply \ @denlillaapan OP 3 Apr
been coming for a looooong-ass time. This last thing ain't affecting that.
Nice scape-goat, though
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0 sats \ 0 replies \ @022fbc9cef 3 Apr
Yeah true
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13 sats \ 1 reply \ @krawall 3 Apr
Uh, when Frump is causing all this, why can't you say it ?
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0 sats \ 0 replies \ @denlillaapan OP 4 Apr
You can. You should.
...but blasting the entire site/newspaper with it? That's just pathetic
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7 sats \ 4 replies \ @SimpleStacker 3 Apr
All I see is buying opportunities everywhere
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30 sats \ 3 replies \ @denlillaapan OP 3 Apr
with what funds, SimpleStacker?!
We're all out of fiat + chairs over here... what are you doing?!
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13 sats \ 2 replies \ @SimpleStacker 3 Apr
I keep diversified precisely for moments like this lol
Some people like sports betting markets... the stock market is like my betting market...
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30 sats \ 0 replies \ @denlillaapan OP 5 Apr
AAAAH yes, meant to send you this haha. Mr. Odell on mah side!
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7 sats \ 0 replies \ @denlillaapan OP 3 Apr
Bearish
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0 sats \ 0 replies \ @denlillaapan OP 23 Apr
Update:
I'm gonna say it's not a mainstream media thing... probs just a SEO thing?
...because today I saw Reason magazine doing exactly the freakin same.
WTF is wrong with people.
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