i spilled my pixels… sorry

home printers

i have six beautiful countries standing before me, but only one can become America’s next top trading partner

Secretary of Agriculture Orville Freeman openly acknowledged the use of food trade and aid as a political leverage, in an important policy-setting article, “Malthus, Marx and the North Anerican Breadbasket.”

my most detestable coworker (he’s a misogynistic know-all) confidently explained to me that if the U.S. wanted, they could just ramp up production and pay of all their national debt in a matter of weeks

yeah, you can. my grandfather developed a severe peanut allergy in his 60s. he used to eat a ton of them too, really strange stuff.

the only difference here is the joke candidates don’t win

you had prime minister boris johnson

they only like the ones that are held outside of concentration camps

the reason trump is flipping on this is probably because it’s beneficial for the US to keep Europe bogged down with the war in Ukraine, especially now that theyre looking to pressure Europe into their dumbfuck tradewar with China

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and this is why we must build the space staircase first before we embark on the mysteries of the elevator

is this good for the almighty economy?

ACP going down to on the masses

[imagine a picture of feds brutalizing protesters here]

0%

everything is egg

Europe, to be sure, also might someday recover to rival the United States, but it could be depended upon to play the game according to U.S. rules

lol. well, they were not wrong

Deutsche’s Dollar Downer (Financial Times, published Apr 9)

Quoting from George Saravelos, global head of FX research at Deutsche Bank:

The market is rapidly de-dollarizing. It is remarkable that international dollar funding markets and cross-currency basis remains well behaved. In a typical crisis environment the market would be hoarding dollar liquidity to secure funding for its underlying US asset base. This dollar imbalance is what ultimately results in a triggering of the Fed swap lines. Dynamics here seem to be very different: the market has lost faith in US assets, so that instead of closing the asset-liability mismatch by hoarding dollar liquidity it is actively selling down the US assets themselves. We wrote a few weeks ago that US administration policy is encouraging a trend towards de-dollarization to safeguard international investors from a weaponization of dollar liquidity. We are now seeing this play out in real-time at a faster pace than even we would have anticipated. It remains to be seen how orderly this process can remain. A credit event in the global financial system that threatens the provision of short-term dollar liquidity is the point of greatest vulnerability which would turn dollar dynamics more positive.

he’s obliterating the world economy lol. i think maybe we need to retire the word “distraction” for a bit

i’m using deepseek rn to break down the song word by word to practice my chinese lol

China slaps retaliatory tariffs of 84% on U.S. goods in response to Trump

China’s Office of the Tariff Commission of the State Council said that tariffs on U.S. goods will rise to 84% from 34% starting on April 10, according to a translation of the announcement. This comes after the latest U.S. tariff hike — which brings levies on Chinese goods to more than 100% — took effect at the start of April 9.