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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98 sats \ 1 reply \ @Undisciplined 19h
Know your audience
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38 sats \ 0 replies \ @denlillaapan OP 19h
...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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71 sats \ 2 replies \ @Solomonsatoshi 19h
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 19h
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 19h
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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59 sats \ 4 replies \ @028559d218 20h
I mean... he did cause the large downturn in the financial markets?
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0 sats \ 3 replies \ @denlillaapan OP 19h
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 19h
Well... I mean he is the President ;)
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0 sats \ 1 reply \ @denlillaapan OP 18h
I aaaaam the king
"Again with the king stuff..."
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0 sats \ 0 replies \ @028559d218 18h
Lol I love Reason TV
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21 sats \ 0 replies \ @Satosora 20h
Its big news if you use fiat.
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28 sats \ 1 reply \ @grayruby 19h
Media must be secretly loving Trump back in office.
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40 sats \ 0 replies \ @denlillaapan OP 18h
secretly?!
Dude, they're salivating.
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7 sats \ 3 replies \ @SimpleStacker 18h
All I see is buying opportunities everywhere
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30 sats \ 2 replies \ @denlillaapan OP 17h
with what funds, SimpleStacker?!
We're all out of fiat + chairs over here... what are you doing?!
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13 sats \ 1 reply \ @SimpleStacker 14h
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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7 sats \ 0 replies \ @denlillaapan OP 14h
Bearish
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13 sats \ 1 reply \ @krawall 10h
Uh, when Frump is causing all this, why can't you say it ?
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0 sats \ 0 replies \ @denlillaapan OP 10h
You can. You should.
...but blasting the entire site/newspaper with it? That's just pathetic
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14 sats \ 2 replies \ @022fbc9cef 17h
It is quite a big news. Recession ahead.
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0 sats \ 1 reply \ @denlillaapan OP 17h
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 17h
Yeah true
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