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#inflation

335 posts121 participants19 posts today
Continued thread

“'In economic terms, it makes no sense at all,' said Jordi Gual, the former chair of CaixaBank, Spain’s largest domestic lender, who is now an economics professor at IESE business school in Barcelona. 'It is hugely problematic, because we go back to a level we hadn’t seen since the 1930s.'”

~Heather Stewart and Richard Partington


/8

theguardian.com/business/2025/

The Guardian · ‘In economic terms, Trump’s tariffs make no sense at all’By Heather Stewart
Continued thread

"These are REPUBLICAN tariffs. Not Trump tariffs. Not Musk tariffs. REPUBLICAN tariffs. ...

There are many who will support what’s happening simply because Trump is the leader. Many Members of Congress are happy to let Trump take the heat so long as it passes them by."

~ Reed Galen


/7

reedgalen.substack.com/p/campa

The Home Front · Campaign Memo :: Attacking the Republican TariffsBy Reed Galen
Continued thread

"Wednesday, Day 1 of the Trump tariffs, was dubbed 'Liberation Day' by the president. In less than 48 hours, it has come to mean that millions of Americans are being 'liberated' from their retirement funds. Check your 401(k). Dread ‘em and weep. The S&P 500 lost 10% of its value in just two days."

Dan Rather


/4

steady.substack.com/p/trumps-h

Steady · Trump’s Hidden AgendaBy Dan Rather
Continued thread

"Trump is spending a long weekend in Florida, where he is attending the LIV golf tournament at his Doral club. ...

Tonight, as the economy is in turmoil, Trump is speaking at a $1 million-per-person candlelight fundraising dinner at the Trump Organization's Mar-a-Lago property for the super PAC, MAGA Inc., that supports Trump."

~ Heather Cox Richardson


/3

heathercoxrichardson.substack.

Letters from an American · April 4, 2025By Heather Cox Richardson

"As the global markets plummeted for a second consecutive day in reaction to Donald Trump's tariffs announcement, the president has shared a video on social media that claims that the crash is intentional."

~ Hannah Parry


/1

newsweek.com/trump-shares-vide

President Donald Trump waves as at crowds
Newsweek · Trump Shares Video Claiming He's Crashing Stock Market on PurposeBy Hannah Parry
Continued thread

"It was a bloodbath on Wall Street today, as Trump’s ‘Liberation Day’ tariffs are liberating people from their retirement savings and investments. The Dow was down 2,231 (5.50%), NASDAQ was down 962 (5.82%), and Tesla was down a whopping 27.85 (10.42%)."

~ Ron Filipkowski


/23

meidasplus.com/p/today-in-poli

Meidas+ · Today in Politics, Bulletin 105. 4/4/25By Ron Filipkowski