This is the fragile global economy — already broken — now buckling under the first real shock. There is no soft landing. The next stage of the downturn has already started.

South Korea is bailing out small businesses. China is injecting $80B into its banking system. Factories are furloughing workers. Bond markets are collapsing. The Bank of Korea froze, paralyzed by “uncertainty,” but will be forced to cut rates again. The …

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This is disgusting…

Do you realize how absolute fucking disgusting this is? The Treasury Secretary tells a closed door meeting of hedge funds, pensions, and endowments that the tariffs are going to be massively scaled back. Financial media reports on it hours after …

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Powell: There is not any real experience. The Smoot-Hawley tariffs were not this large and they were 95 years ago…

Powell: There is not any real experience. The Smoot-Hawley tariffs were not this large and they were 95 years ago… pic.twitter.com/l8ZEsFV2fT — Acyn (@Acyn) April 16, 2025 Powell’s termination cannot come fast enough. https://t.co/SzyhA6VEzF pic.twitter.com/qWZo7Dd0w4 — Jim Bianco (@biancoresearch) April …

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