The Trump White House has helped install the ticking time bomb that is cryptocurrency directly into our economy. When it blows up, the damage will be catastrophic.
The Trump administration is doing everything it can to ensure that fossil fuels remain dominant in the energy mix of the twenty-first century. If it succeeds, the short-term returns to the US will be huge; but the long-term damage to the planet will
It’s coming, and we know approximately when. The economy contracted by 0.3 percent, and imports have contracted. Tariffs of 145 percent on China are a trade embargo for many sectors. China’s retaliatory measures are an embargo in the other direction.
The United States hasn’t seen such a massive labor action in 78 years. But the oligarchic wreckage of this administration is fueling multiple movements toward that goal.
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Permanent tariffs are bad for the economy, but businesses can, for the most part, find a way to live with them. What business can’t deal with is a regime under which trade policy reflects the whims of a mad king.
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