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MoiraEve (moiraeve@mastodon.world)'s status on Wednesday, 12-Feb-2025 08:14:39 JST MoiraEve

From Morning Consult: Voters are turning on Trump’s economic and trade approach
(and a whole lot more, but that’s just from me)
And I should think so! Farmers are bearing the brunt of these trumpTaxes and then it’ll be food consumers—us!

In conversation about 5 months ago from mastodon.world permalink
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  HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:15:26 JST HistoPol (#HP) 🏴 🇺🇸 🏴
  in reply to
  
  @MoiraEve
  #TrumpCoup by the #TrumpMuskDuumvirate
  #USpol
  #Tariffs #Economics
  (1/n)
  Exactly. In my view, the reactionary, #Mercantilist #TradePolicy based on insane tariffs, in combination with the gutting of #Federal #US institutions will chiefly lead to two things:
  1) US corps, who've become experts at #Shrinkflation, will continue to boost profit margins, despite imported inflation through the global #TradeWar that tRump ignited.
  2) This will result in
  a) yet another...
  
  In conversation about 5 months ago permalink
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  HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:16:12 JST HistoPol (#HP) 🏴 🇺🇸 🏴
  in reply to
  
  @MoiraEve
  #TrumpCoup by the #TrumpMuskDuumvirate
  #USpol
  #Tariffs #Economics
  (1/n)
  Exactly. In my view, the reactionary, #Mercantilist #TradePolicy based on insane tariffs, in combination with the gutting of #Federal #US institutions will chiefly lead to two things:
  1) US corps, who've become experts at #Shrinkflation, will continue to boost profit margins, despite imported inflation through the global #TradeWar that tRump ignited.
  2) This will result in: ...
  https://www.youtube.com/watch?v=SMSNpq4K67o
  
  In conversation about 5 months ago permalink
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  HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:16:27 JST HistoPol (#HP) 🏴 🇺🇸 🏴
  in reply to
  
  @MoiraEve
  #TrumpCoup by the #TrumpMuskDuumvirate
  #USpol
  #Tariffs #Economics
  (1/n)
  Exactly. In my view, the reactionary, #Mercantilist 2) #TradePolicy based on insane tariffs, in combination with the gutting of #Federal #US institutions will chiefly lead to two things:
  1) US corps, who've become experts at #Shrinkflation, will continue to boost profit margins, despite imported inflation through the global #TradeWar that tRump ignited.
  2) This will result in: ...
  a) yet another...
  
  In conversation about 5 months ago permalink
- Embed this notice
  HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:19:04 JST HistoPol (#HP) 🏴 🇺🇸 🏴
  in reply to
  
  @MoiraEve
  #TrumpCoup by the #TrumpMuskDuumvirate
  #USpol
  #Tariffs #Economics
  (2/n)
  ...#redistribution, "trickling up", of wealth, and power(!), to the #TechnoFeudalists 1) and #oligarchs
  b) a massive weaking of #US influence globally, as #tRump alienates its closed allies, e.g. #NATO and #Canada/ #Mexico, continuously showing how unreliable the #US are as a partner.
  c) a further reduction in product and service quality (#Shrinkflation,) as....
  1)
  https://www.youtube.com/watch?v=SMSNpq4K67o
  In conversation about 5 months ago permalink
  Attachments
  1. Technofeudalism and Cloud Capital: A Conversation with Yanis Varoufakis
    
    from Stanford in Government (SIG)
    
    Is a new economic model toppling capitalism? Yanis Varoufakis, the former Greek Minister for Finance and current leader of the MeRA25 Party, discusses the fu...
- Embed this notice
  HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:19:07 JST HistoPol (#HP) 🏴 🇺🇸 🏴
  in reply to
  
  @MoiraEve
  #TrumpCoup by the #TrumpMuskDuumvirate
  #USpol
  #Tariffs #Economics
  (2/n)
  ...#redistribution, "trickling up", of wealth, and power(!), to the #TechnoFeudalists 1) and #oligarchs
  b) a massive weaking of #US influence globally, as #tRump alienates its closed allies, e.g. #NATO and #Canada/#Mexico, continuously showing how unreliable the #US are as a partner.
  c) a further reduction in product and service quality (#Shrinkflation,) as....
  1)
  https://www.youtube.com/watch?v=SMSNpq4K67o
  In conversation about 5 months ago permalink
  Attachments
  1. Technofeudalism and Cloud Capital: A Conversation with Yanis Varoufakis
    
    from Stanford in Government (SIG)
    
    Is a new economic model toppling capitalism? Yanis Varoufakis, the former Greek Minister for Finance and current leader of the MeRA25 Party, discusses the fu...
- Embed this notice
  HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:20:21 JST HistoPol (#HP) 🏴 🇺🇸 🏴
  in reply to
  
  @MoiraEve
  #TrumpCoup by the #TrumpMuskDuumvirate
  #USpol
  #Tariffs #Economics
  (3/n)
  ...foreign competition is priced out of the #US market by #Tariffs, but prices will not recede much, if at all.
  d) a further measurable #US impact in #GlobalWarming and the #ClimateCatastrophe.
  Ingnoring political and social repercussions, in my view, these outcomes will rip through the #US like the recent #LA wildfires, seen from an bi-annual, maybe only annual, perspective.
  s/: As writers from...
  
  In conversation about 5 months ago permalink
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  HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:24:14 JST HistoPol (#HP) 🏴 🇺🇸 🏴
  in reply to
  
  @MoiraEve
  #TrumpCoup by the #TrumpMuskDuumvirate
  #USpol
  #Tariffs #Economics
  (4/n)
  ...the 19th and 20th century popularized the saying, Ave Caesar, morituri te salutant, many residents will learn the meaning of this latin phrase of the late #Roman period./s
  PS:
  Historically, #Mercantilism 2) has never worked as officially intended, except for the smugglers and war-mongers:
  "#Mercantilism 2) led to the creation of #monopolistic trading companies, such as the...
  2)
  https://www.britannica.com/money/mercantilism
  In conversation about 5 months ago permalink
  Attachments
  1. Domain not in remote thumbnail source whitelist: cdn.britannica.com
    
    Britannica Money
    
    Mercantilism, economic theory and practice common in 16th–18th-century Europe that promoted governmental regulation of a nation’s economy for the purpose of augmenting state power at the expense of rival national powers; it was the economic counterpart of political absolutism. Learn more about mercantilism here.
- Embed this notice
  HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:26:27 JST HistoPol (#HP) 🏴 🇺🇸 🏴
  in reply to
  
  @MoiraEve
  #TrumpCoup by the #TrumpMuskDuumvirate
  #USpol
  #Tariffs #Economics
  (5/n)
  ... [#Dutch?] #EastIndiaCompany and the #French #EastIndiaCompany. Restrictions on where finished goods could be purchased 👉 led in many cases to burdensome high prices for those goods.👈
  👉 Commercial rivalry tended to result in military rivalry as well, notably during the Anglo-Dutch Wars.👈 Colonists seeking to get around the trade restrictions mandated by #mercantilism 2) resorted to...
  
  In conversation about 5 months ago permalink
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  HistoPol (#HP) 🏴 🇺🇸 🏴 (histopol@mastodon.social)'s status on Wednesday, 12-Feb-2025 08:28:38 JST HistoPol (#HP) 🏴 🇺🇸 🏴
  in reply to
  
  @MoiraEve
  #TrumpCoup by the #TrumpMuskDuumvirate
  #USpol
  #Tariffs #Economics
  (4/n)
  ...👉 widespread smuggling👈 . The constraints of #mercantilism were a cause of friction between #Britain and its #American colonies and were arguably among the elements that led to the #AmericanRevolution. " 2)
  👉 To be sure, this knowledge is but an "Economics 101" or "European History 101" at college!👈
  //
  2)
  https://www.britannica.com/money/mercantilism
  In conversation about 5 months ago permalink
  Attachments
  1. Domain not in remote thumbnail source whitelist: cdn.britannica.com
    
    Britannica Money
    
    Mercantilism, economic theory and practice common in 16th–18th-century Europe that promoted governmental regulation of a nation’s economy for the purpose of augmenting state power at the expense of rival national powers; it was the economic counterpart of political absolutism. Learn more about mercantilism here.

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