Sea Person
@catneuron.bsky.social did:plc:gcrfcq5cn5c5jkturqe5kjmt
All your Bronze Age belong to us.
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Sea Person (@catneuron.bsky.social) é um usuário do Bluesky desde 14 março 2024. Tem 43 seguidores, segue 130 contas e publicou 17 posts.
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There is an important asymmetry. Most countries are engaged in only one trade war. The United States is engaged in 192. So folks in other countries can easily shop elsewhere, but American's can't. The trade war hurts us more than them.
Ver postThis seems... wrong. Trading with others generates gains for both sides of the transaction. Trump's tariff prevent trade, destroying the gains both for Americans and our trading partners. Recognize that symmetry and you'll see how much he's hurting Americans.
Ver postWill Trump's proposed movie tariffs will help or hurt the American entertainment industry? Markets responded pretty clearly.
Ver postBig thank you to Ali @velshi.com for giving me a healthy chunk of air time to explain the Econ 101 of bilateral trade deficits. It matters because this is the intellectual foundation for the President's trade war.
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