Conversation

Notices

1. Embed this notice
   Miakoda (hellomiakoda@pdx.social)'s status on Thursday, 03-Apr-2025 12:14:40 JST Miakoda

   in reply to

   • the magnificent rhys
   • samiamsam

   @rhys
   @samiamsam

   I always new horrible events could unfold at any time, that my life was, in many ways, in hands I have never met and will likely never meet, much to my chagrin.
   What I did not even consider as possible was that such catastrophic events would be such a pathetic fucking clown show.

   • Embed this notice
     the magnificent rhys (rhys@mastodon.rhys.wtf)'s status on Thursday, 03-Apr-2025 12:14:41 JST the magnificent rhys

     in reply to

     I think the world has to prepare now for another round of global inflation and supply chain shortage crises, as well as likely recessions across much of the world.

     Europe's plans to rearm are now going to be massively more precarious — but may benefit a small amount from reinvigorated domestic production.

     Long-term, there may be some benefits to be had among European economies as they realign themselves, but there'll be a lot of pain for a long time first.

     What a stupid timeline.

   • Embed this notice
     the magnificent rhys (rhys@mastodon.rhys.wtf)'s status on Thursday, 03-Apr-2025 12:14:42 JST the magnificent rhys

     I have no particular insight to add on these tariffs other than they're insane, insanely large, and are going to be devastating to the global economy — starting with the US economy, which will be ravaged early once supply chain stocks are exhausted.

     Seeing some figures here claiming us receiving *only* a 10% tariff rate compared to the EU's 20% is a 'brexit benefit' is utterly laughable and entirely economically illiterate.

     #tariffs #USPolitics #USPol #trump #UKPol #UKPolitics