Sunday, 23 March 2025
Fareed’s Take: Trump’s Misguided Push for a ‘Manufacturing Comeback’
Saturday, 22 March 2025
Argentine, la révolution Milei | Décryptages | ARTE
Missed Social Security Checks No Big Deal to Trump Commerce Secretary as Attacks on Agency Escalate
Friday, 21 March 2025
See Canadian Official’s Response to Trump’s Verbal Attack on Canada
Stephen Fry, Stanley Tucci and Other Celebrities Speak Out against Welfare Cuts
Neither Keir Starmer nor many in his regime behave like socialists at all. They come over as pro-capitalist wannabees! Keir Starmer is cold and cruel. His sidekick, Cruella de Ville, is just living up to the name people have given her because of her cold-heartedness. If one cannot expect a modicum of compassion and empathy from a socialist government, there is little hope for the underprivileged. – © Mark Alexander
Unlocking Europe's Wealth: How the New Strategy Empowers Your Savings!
Mar 19, 2025 | Discover how the European Commission's Savings and Investments Union (SIU) strategy, unveiled by Commissioner Maria Luís Albuquerque, aims to transform your savings into powerful investments. With over €10 trillion currently in low-yield deposits, this initiative seeks to provide EU citizens with better access to capital markets, offering opportunities for higher returns and fostering economic growth across Europe. Learn how the SIU plans to break down barriers, enhance financial opportunities, and boost the EU's competitiveness in the global market.
Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investments Union
Europeans are some of the best savers in the world, but many of their savings are sitting in low-yield deposit accounts. At the same time, Europe is struggling to meet its investment needs. With the SIU, we can create a virtuous cycle for the benefit of both citizens and companies, helping Europeans get a better return on their hard-earned savings, while bringing substantial investment into the economy. There are barriers we need to overcome to make this happen, and with this communication we have a guide for this vital work.
Maria Luís Albuquerque, Commissioner for Financial Services and the Savings and Investments Union
Europeans are some of the best savers in the world, but many of their savings are sitting in low-yield deposit accounts. At the same time, Europe is struggling to meet its investment needs. With the SIU, we can create a virtuous cycle for the benefit of both citizens and companies, helping Europeans get a better return on their hard-earned savings, while bringing substantial investment into the economy. There are barriers we need to overcome to make this happen, and with this communication we have a guide for this vital work.
Thursday, 20 March 2025
Why the Fed’s Job May Get a Lot More Difficult
THE NEW YORK TIMES: President Trump’s plans risk stoking inflation and denting growth, an undesirable combination that economists warn could lead to much tougher trade-offs for the central bank.
When inflation was too high and the economy was resilient in the aftermath of the pandemic, the Federal Reserve’s decision to sharply raise interest rates beginning in 2022 seemed like a no-brainer. The same was true just over two years later when inflation had fallen sharply from its recent peak and the labor market had started to cool off. That paved the way for the central bank to lower borrowing costs by a percentage point in 2024.
What made those decisions relatively straightforward was the fact that the Fed’s goals of achieving low and stable inflation and a healthy labor market were not in conflict with each other. Officials did not have to choose between safeguarding the economy by lowering rates and staving off price increases by either keeping rates high or raising them further.
Economists worry that could soon change. President Trump’s economic agenda of tariffs, spending cuts and mass deportations risks stoking inflation while simultaneously denting growth, an undesirable combination that could lead to much tougher trade-offs for the Fed. » | Colby Smith | Thursday, March 20, 2025
When inflation was too high and the economy was resilient in the aftermath of the pandemic, the Federal Reserve’s decision to sharply raise interest rates beginning in 2022 seemed like a no-brainer. The same was true just over two years later when inflation had fallen sharply from its recent peak and the labor market had started to cool off. That paved the way for the central bank to lower borrowing costs by a percentage point in 2024.
What made those decisions relatively straightforward was the fact that the Fed’s goals of achieving low and stable inflation and a healthy labor market were not in conflict with each other. Officials did not have to choose between safeguarding the economy by lowering rates and staving off price increases by either keeping rates high or raising them further.
Economists worry that could soon change. President Trump’s economic agenda of tariffs, spending cuts and mass deportations risks stoking inflation while simultaneously denting growth, an undesirable combination that could lead to much tougher trade-offs for the Fed. » | Colby Smith | Thursday, March 20, 2025
Germany Just Dropped an Unexpected New Bombshell on Musk
Wednesday, 19 March 2025
‘Dangerous Game of Chicken’: Trump Prepping New Tariffs, Threatening the Global Economy
EU & Canada's Just Pulled the Trigger U.S. Again -Canada Ditches Trump’s F-35 Deal– Europe Steps In!
Trump Plots Tariffs Worth ‘Trillions’ on World Economy
THE TELEGRAPH: Donald Trump is preparing to impose tariffs on “trillions” of dollars worth of goods next month as he ramps up his global trade war.
The US president has already raised tariffs on roughly $800bn (£616bn) worth of goods from China, Mexico and Canada and introduced levies on global imports of steel and aluminium last week.
White House officials are drawing up plans to impose the levies on imports worth “trillions” from April 2, according to the Washington Post.
Mr Trump has said he would impose “reciprocal tariffs” on that date, which he said would be “a liberating day for our country”. » | Telegraph | Wednesday, March 19, 2025
The US president has already raised tariffs on roughly $800bn (£616bn) worth of goods from China, Mexico and Canada and introduced levies on global imports of steel and aluminium last week.
White House officials are drawing up plans to impose the levies on imports worth “trillions” from April 2, according to the Washington Post.
Mr Trump has said he would impose “reciprocal tariffs” on that date, which he said would be “a liberating day for our country”. » | Telegraph | Wednesday, March 19, 2025
Tuesday, 18 March 2025
NZZ erklärt: Wenn Staatsschulden zum Problem werden
Monday, 17 March 2025
Trump’s Trade War Will Damage Growth OECD Warns | BBC News
Mar 17, 2025 | Economic organisation has said that President Donald Trump’s tariffs will be bad for global economic growth and living standards.
The leading economic think tank the OECD has shared its forecast saying the global economy will only grow by 3.1% this year.
The biggest changes will be felt in the United States's neighbours Mexico and Canada.
This is a self-inflicted wound. What comes will be a trumpcession. – © Mark Alexander
The leading economic think tank the OECD has shared its forecast saying the global economy will only grow by 3.1% this year.
The biggest changes will be felt in the United States's neighbours Mexico and Canada.
This is a self-inflicted wound. What comes will be a trumpcession. – © Mark Alexander
Trump Says the Economy ‘Went to Hell’ under Biden. The Opposite Is True
THE GUARDIAN: By standard measures such as job and GDP growth and the stock market, the US economy was in excellent shape
Donald Trump keeps saying he inherited a terrible economy from Joe Biden and many Americans believe him, even though that’s not true. During his White House marketing event for Tesla on Tuesday, Trump said the US and its economy “went to hell” under Biden. Last week, in his national address to Congress, Trump said: “We inherited from the last administration an economic catastrophe and an inflation nightmare.”
But the truth is that by standard economic measures, the US economy was in excellent shape when Biden turned over the White House keys to Trump, even though most Americans, upset about inflation, told pollsters the economy was in poor shape.
When Biden left office, the unemployment rate was a low 4.1%, and during Biden’s four years in office, the average jobless rate was lower than for any president since the 1960s. Trump has repeatedly railed against the high inflation under Biden, but the fact is that by the time Biden left office, the inflation rate had fallen to just 2.9% – down more than two-thirds from its peak and near the Federal Reserve’s inflation goal. » | Steven Greenhouse | Sunday, March 16, 2025
Donald Trump keeps saying he inherited a terrible economy from Joe Biden and many Americans believe him, even though that’s not true. During his White House marketing event for Tesla on Tuesday, Trump said the US and its economy “went to hell” under Biden. Last week, in his national address to Congress, Trump said: “We inherited from the last administration an economic catastrophe and an inflation nightmare.”
But the truth is that by standard economic measures, the US economy was in excellent shape when Biden turned over the White House keys to Trump, even though most Americans, upset about inflation, told pollsters the economy was in poor shape.
When Biden left office, the unemployment rate was a low 4.1%, and during Biden’s four years in office, the average jobless rate was lower than for any president since the 1960s. Trump has repeatedly railed against the high inflation under Biden, but the fact is that by the time Biden left office, the inflation rate had fallen to just 2.9% – down more than two-thirds from its peak and near the Federal Reserve’s inflation goal. » | Steven Greenhouse | Sunday, March 16, 2025
Tesla Sales Are Dropping as Customers Turn Away from Elon Musk over Trump | 7.30
Mar 17, 2025 | Electric vehicle company Tesla used to be seen as a progressive company with its climate-saving agenda driven by tech-savvy CEO, Elon Musk.
But as Musk's 'bromance' with US President Donald Trump developed, so too has the company's image transformed in people's minds.
Antonia O'Flaherty explains.
But as Musk's 'bromance' with US President Donald Trump developed, so too has the company's image transformed in people's minds.
Antonia O'Flaherty explains.
Sunday, 16 March 2025
Pres Trump Says the US Doesn’t “Need” Canada. Is He Right? | Amanpour & Company
Scott Galloway on Markets, Musk, and Trump’s “Weapons of Mass Distraction” | Amanpour & Company
Thom Hartmann: Trump & Musk Secret Plan to Crash Economy to Make Billions!
Mar 16, 2025 | For billionaires like illegitimate President Donald Trump and apartheid oligarch Elon Musk, the only thing better than a good economy... is a bad one.
Thom Hartmann reveals how Donald Trump & Elon Musk are scheming to crash the economy so they can profit off the ruins.
Thom Hartmann reveals how Donald Trump & Elon Musk are scheming to crash the economy so they can profit off the ruins.
Beware the Network State: The Tech Blueprint to Dismantle the USA
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