A screenshot from BBC news, copy says
The assumptions about Trump's tactics are now up for question
published at 10:32
Faisal Islam
Economics editor
These stock market falls are pretty shocking to see.
As a reminder, a stock market is the best guess of what every company in the world is worth and what their future profits will be.
What weβre seeing in the last few hours is the idea that the rules underpinning everything we know about the economy are changing - and those companies around the world are going to make less profit because of Trumpβs tariffs.
There were two specific assumptions:
That Trump would react to the markets, and that heβd adjust his policy accordingly
That he was using these tariffs as a form of negotiation - so you start high, and negotiate down
As a result of Trumpβs comments over the weekend, and those he made on Air Force One last night, both those assumptions are now up for question.
And the markets are reacting in a really quite violent way.
How did anyone in the markets actually believe the two assumptions listed here? It mystifies me that people keep rationalising the actions of someone who clearly has no rationality.
07.04.2025 09:42 β π 5 π 0 π¬ 1 π 0
This is all looking very Liz Truss.
07.04.2025 07:25 β π 2 π 0 π¬ 1 π 0
slapping a "i bought this before icarus fell" sticker on my pair of wax wings
06.04.2025 04:29 β π 11445 π 1285 π¬ 101 π 25
A screenshot of the Merlin bird app showing the sound recording waveform and the identified bird, the common chiffchaff, a cute little brown fella with a fluffy whiter tummy
We are in the woodland today and apparently surrounded by chiffchaffs!
05.04.2025 11:10 β π 3 π 0 π¬ 0 π 0
Asian women: 94 cents
White women: 80 cents
Black women: 66 cents
Native and Latina women: 58 cents
Yesterday was #EqualPayDay and for every $1 white men make:
Asian women: 94 cents
White women: 80 cents
Black women: 66 cents
Native and Latina women: 58 cents
Women get paid less, but across racial lines the pay is even LOWER. This is #TheDoubleTax.
www.penguinrandomhouse.com/books/734115...
26.03.2025 11:11 β π 524 π 261 π¬ 6 π 5
NANCY BY ERNIE BUSHMILLER
CAN I HAVE THAT PIECE ?---MY BOY FRIEND CARVED IT
( INSCRIPTION ON THE PIECE OF WOOD
NANCY β€οΈ SLUGGO
SURE
IβM MAD AT HIM
( NANCY IS BURNING THE PIECE OF WOOD IN THE FIREPLACE)
Nancy By Ernie Bushmiller
March 23,1960
24.03.2025 02:41 β π 8973 π 1563 π¬ 56 π 76
Oh neat, March 28 is national "Smash Your Amazon Echo Devices With A Hammer" day.
15.03.2025 01:17 β π 3654 π 1833 π¬ 102 π 76
Iβm reading it and I thought I was already cynical enough about Meta to not be shocked by the book, but boy was I wrong.
15.03.2025 07:54 β π 0 π 0 π¬ 0 π 0
Careless People is *juicy*, yβall
14.03.2025 19:25 β π 1 π 0 π¬ 0 π 0
Hereβs a cheat sheet with all the phone numbers for the US Senate. I have a feeling weβll be calling them a lot in the near future.
13.03.2025 20:17 β π 8746 π 5115 π¬ 413 π 315
Finally some good news.
12.03.2025 02:06 β π 62 π 6 π¬ 9 π 6
screenshot of a YouTube video embedded in an AJ Bell customer survey; the video has played once and is suggesting other things to watch. The first is a video with a crowd carrying a banner saying ISLAM WILL SUBJUGATE YOU and a chyron reading PREPARE FOR THE WORST AFTER 3 MONTHS. The next video is a blonde white woman and the words DEPP FOCUS; the third is a white man in a black T shirt and black cap, and the words AFTER EVERY UPLOAD
I bet AJ Bell *loves* having this kind of islamophobic video show up in the middle of their customer survey because the YouTube recommendation algorithm is going toxic again
12.03.2025 15:16 β π 3 π 1 π¬ 0 π 0
Prem might be the most important journalist in America right now, the only person covering this story with the urgency it needs. Absurd that there isn't wall to wall coverage of this.
10.03.2025 22:28 β π 6118 π 1368 π¬ 89 π 27
Microplastics Are Messing with Photosynthesis in Plants
Microplastics can cut a plantβs ability to photosynthesize by up to 12 percent, new research shows
A good part of my job is to read extremely concerning studies in order to compose cross-sectional view of What's At Stake and work out ways to engage stakeholders
This is, without hyperbole, the most concerning thing I have read in a long time www.scientificamerican.com/article/micr...
11.03.2025 13:51 β π 570 π 299 π¬ 21 π 65
***Taps the sign again.
09.03.2025 01:44 β π 5576 π 1245 π¬ 92 π 43
Don't EVER tell a man to be a good person or he'll join a death cult and campaign for your extinction
08.03.2025 18:50 β π 3921 π 580 π¬ 63 π 10
FYI the best part of TikTok right now is confused Ramadan cats. Ramadan Mubarak!
04.03.2025 21:42 β π 0 π 0 π¬ 0 π 0
'Did you even say thank you?'
01.03.2025 21:01 β π 19627 π 3381 π¬ 219 π 129
Brutal.
01.03.2025 14:57 β π 61409 π 15908 π¬ 1028 π 784
A cloth shopping bag full of 100+ daffodil bulbs. The bulbs are already sprouting and need planted ASAP!
A sprouted daffodil bulb planted in a forest floor, surrounded by a prickly-looking moss, twigs and leaves. The moss and ground look shiny, moist and lush.
Todayβs stress-relief job: plant 100+ daffodil bulbs in our woodland!
15.02.2025 13:08 β π 8 π 0 π¬ 1 π 0
Spite is underrated. Bring back spite.
03.02.2025 23:11 β π 2 π 0 π¬ 0 π 0
A screenshot of the CDC.GOV homepage with the strange 9-star flag on the top of the page with a notice that indicates that this is an official government website.
I just looked on the wayback machine and it wasnβt there last summer but it is there in Oct 2024
02.02.2025 23:38 β π 3 π 0 π¬ 1 π 0
Book cover of what money canβt buy, the moral limit of markets. Itβs a plain blue cover with a white cloud. A penguin book.
Current read on βthe moral limits of marketsβ - this is good.
02.02.2025 15:55 β π 1 π 0 π¬ 0 π 0
A sheet of red squares painted in acrylic paint with various combinations of yellow and blue layered on top in a sequential order, each one neatly labelled with a pencil, for example RB, RBY, RBYB, RBYY.
I saw a Rednote video about βvisual mixingβ of paint, also called glazing, and have been using GenAI as a teacher to learn the technique. Such a simple but mind-blowing idea to use thin layers so that the light bounces through each layer and your eye does the mixing!
01.02.2025 16:00 β π 2 π 0 π¬ 0 π 0
Scene from The Princess Bride where Vizzinni says "You're trying to kidnap what I've rightfully stolen"
OpenAI right now
29.01.2025 20:26 β π 44032 π 6346 π¬ 289 π 175
This is 100% one of the critical things that I think got us here! I think about this all the time.
29.01.2025 12:54 β π 1 π 0 π¬ 0 π 0
When Musk took over Twitter and started openly ignoring employment law, tech companies didnβt push back, they used it as an excuse to lower their standards too.
Now, Musk is using the exact same playbook to try and dismantle the entire US civil service.
Stand up to assholes, early and often.
29.01.2025 11:03 β π 1 π 0 π¬ 1 π 0
Jim Acosta announces on air that he's leaving CNN and says, "it is never a good time to bow down to a tyrant ... don't give in to the lies."
28.01.2025 16:01 β π 101864 π 24082 π¬ 3232 π 2753
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