The Malignant Fascist blinked, but damage remains --
Markets woke up and realized that a 10% global tariff and 125% tariff on China is still going to devastate America’s economy.
— Matt McDermott (@mattmfm.bsky.social) April 10, 2025 at 9:56 AM
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Don’t be misled by yesterday’s market rebound. The economic crisis is not over. Downturn remains likely. Trade conflict remains a threat to markets, jobs and growth. And irreparable damage has been done to US assets and the country’s standing by the recklessness and ignorance of the administration.
— David Rothkopf (@djrothkopf.bsky.social) April 10, 2025 at 6:17 AM
This is driving me crazy too. Not long ago 10% universal tariffs were considered the worst-case scenario, something even Trump wasn’t crazy enough to impose. Now have those PLUS 125% tariffs on China. Together, these raise raise inflation by about as much as original “Liberation Day” tariffs did!
— Catherine Rampell (@crampell.bsky.social) April 10, 2025 at 7:41 AM
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Why did Trump just cave? Because when the US borrows money it does so by selling Treasury bonds. Mostly to China, Japan, Europe. Overnight there was a sudden spike in holders dumping their bonds. Trump picked a fight with our creditors, and our creditors just won.
— Tristan Snell (@tristansnell.bsky.social) April 9, 2025 at 6:15 PM
These wild swings in the stock market are opportunities for insider-trading corruption. The convicted felon in the White House, whose actions are causing the volatility, knows that.
— Mark Jacob (@markjacob.bsky.social) April 10, 2025 at 8:00 AM
BREAKING: Arsonist Puts Out Fire
— The Borowitz Report (@borowitzreport.bsky.social) April 9, 2025 at 5:47 PM
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The MF's tariffs are all about his specialties: bribery and extortion --
Don’t overthink this. He’s asking for bribes.
— Rick (@rickylongthread.bsky.social) April 9, 2025 at 10:23 PM
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More MF attacks on the legal firms that have fought his lies --
So this is just some nice curious timing. On the same day that a judge ruled that Newsmax defamed Dominion Voting Systems, setting them up for a massive loss in jury trial (or huge settlement), Trump targeted the law firm that is representing Dominion. www.independent.co.uk/news/world/a...
— Justin Baragona (@justinbaragona.bsky.social) April 10, 2025 at 9:59 AM
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Slippery billionaire Musk pal set to run NASA for Musk's benefit can't answer question --
President Trump's nominee to head NASA, Jared Isaacman, really really really really really did not want to admit that Elon Musk was in his meeting with Trump, when Isaacman was offered the NASA post. This ranks up there as some of the worst testimony that I have ever seen on Capitol Hill.
— Jamie Dupree (@jamiedupree.bsky.social) April 9, 2025 at 9:33 PM
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Things burning in Russia. Slava Ukraini! --
Something is burning in Russia again. An oil refinery in Komsomolsk-on-Amur caught fire for unknown reasons. The distance to Ukraine is over 6,500 kilometers.
— SAINT JAVELIN (@saintjavelin.bsky.social) April 10, 2025 at 7:46 AM
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