Major US banks (as well as most others globally) have significant investments outside their domestic market that rely on these countries having strong manufacturing and economy. If Banks make less money then there is less available to the domestic market in the forms of loans etc to fuel growth. Moreover, in the short term there is less money coming into the banks domestically and previous medium risk domestic investments may turn risky or toxic.
The designated survivor is one of those 18. I don't know if it's always the same one, I'd imagine the rule is simply never to have all 18 in the same place at the same time.
Bit like the Saints defence. We may have 5 of them most games but they are never all in the same place at the same time.
I’m starting to think that the Trump administration is basing its policies and beliefs on novels I am reading, collaborations by the two same authors. In a previous book, the story had the USA showing a very strong interest in the minerals and fossil fuels under Greenland. In the one I am currently reading there is a conversation between two political figures in which the following statement is made “The key is America’s relationship with Russia. After all, who is the real enemy of the USA? Russia? Not so! It is the European Union.” The books were written in 2021 and 2022.
I’m beginning to think that Trump’s policies are based on what Bob from the pub said on twitter to be fair.
BBC reporting that the tariffs are very popular in Trump supporting states and that people are prepared to accept a short term . I alot of the supporters do not see Trump doing anything other than what is necessary. It appears to be a disaster when taken frim.a perception ourside Europe and , it is works , it will be pure genius. I have to say that i so not think it will be a success. Trade wil continue with or without the US. I feel the EU will hit back against their services industry and that some sectors of the American economy who rely on imports for parts or American companies manufacturing overseas will combine to undermine Trump.
It seems unbelievable, but only the other day I read a story about a government that formed it's policies from something they'd seen on Netflix.
Jacob’s replacement and the Mayor of the West of England has been arrested, sounds very bad: https://www.theguardian.com/politic...ris-arrested-over-and-child-abuse-allegations
Yep. Trump seems to be alluding to short term of pain. How long is that short term? How long will it take for US manufacturing base to ramp up to make things that they currently rely on places like China to make. I don’t think the short term will be that short. I hope his voters feel the pain for as long as it takes to get rid of the orange one and his cronies
