Simon Schmid

JPMORGAN: “.. the [One Big Beautiful Bill Act] will increase the total deficit from 6.4% of GDP to 6.8% while providing no fiscal stimulus nor labor market boost. Essentially, the bill fails to offset the growth headwinds created by tariffs ..

CO2-Preise und die wahren Kosten: Ein Plädoyer für ehrliche Klimapolitik Eine vernünftiger Klimaschutz muss auf dem Verursacherprinzip beruhen – doch man muss dabei auf die wahren Kosten abstellen.

Wieder so ein idiotisch realitätsfremder Klimaökonomie-Text nach dem Motto: Es braucht nur einen CO2-Preis und alles wird gut (aber ja nicht andere Massnahmen und der CO2-Preis ja nicht zu hoch).

Auf welchem Planeten lebt ihr eigentlich? Es ist 5 vor 12 verdammt nochmal!

www.nzz.ch/meinung/klim...

Why a NASA satellite that scientists and farmers rely on may be destroyed on purpose The Trump administration has asked NASA staffers to draw up plans to end at least two satellite missions that measure carbon dioxide in the atmosphere, according to current and former NASA employees.

The anti-science Trumpers may be planning to destroy two working satellites that provide vital measurements about carbon dioxide & climate (and data that forecasts crop yield, drought conditions, & more). They cost $750 million to make but only $15 million/yr to operate.
www.npr.org/2025/08/04/n...

Und das😵‍💫: „Am Telefon habe [KKS] Trump gestern Abend mitgeteilt, dass der #1August Nationalfeiertag sei. Dieser hätte daraufhin fast nicht glauben können, dass die Schweiz schon so alt sei. Gott sei Dank habe ihn das nicht in Versuchung gebracht, 1291 als neuen Zolltarif festzulegen, so KKS lachend“

PR firm working for Shell wins COP30 media contract As calls grow to keep fossil fuel influence out of UN climate talks, campaigners say Edelman’s partnership with the oil and gas major raises an alarming conflict of interest As calls grow to keep foss...

This seems like an insane conflict of interest to me.

Great reporting from @climatechangenews.com

www.climatechangenews.com/2025/07/30/p...

Handelsdeal USA-EU: Trumps Abkommen liefern Schlagzeilen – aber kein Wirtschaftswachstum Mit seinen Handelsdeals inszeniert sich Trump als starker Mann, der US-Interessen in aller Welt durchsetzt. Profitieren wird das Land von seinem Powerplay aber nicht.

Bitte Lächeln für die grosse Zoll-Shitshow, oder: Warum Trumps Zoll-Deals allen Inszenierungen zum Trotz ökonomisch enttäuschen werden. Meine Analyse.

www.tagesanzeiger.ch/trumps-abkom...

Hi Thorsten, can you point to the original source of this picture please? Thanks!

No thumbs up, no smiles, no bullshit. @sabineweyand.bsky.social tells it like it is in coercive hegemon-vassal family picture.

Sorey but if your principal defense boils down to "everyone was cheating so I did it too", you don't sound like a victim of injustice to me.

Cracks widen in Japan and US’s interpretation of tariff trade deal Tokyo officials contest Washington’s claim that American investors assured of vast share of profits from joint investment

Turns out the 90-10 profit split was totally made up by Trump, Japan and the US never agreed to anything lile that 😂

Cracks widen in Japan and US’s interpretation of tariff trade deal - on.ft.com/45lSIyr via @FT

Revisiting some chat transcripts after Tom Hayes’ exoneration [FREE TO READ] What are the lessons of the Libor scandal?

This from @dsquareddigest.bsky.social is an important piece on the Hayes exoneration and what it does and doesn’t tell us
on.ft.com/4mekGSy

The world court joins the fight over climate change Its ruling that burning fossil fuels can be “internationally wrongful” risks provoking a backlash

Activists believe the ruling could add moral heft to climate negotiations, and provide important backing to other litigation brought against countries or businesses

“Staggering” Water Loss Driven by Groundwater Mining Poses Global Threat A new study finds that freshwater resources are rapidly disappearing, creating arid “mega” regions and causing sea levels to rise.

This is a pretty alarming new study out today (doi.org/10.1126/scia... - read the abstract) and here are some great visuals and highlights from it by @propublica.org: www.propublica.org/article/wate...

"Since 2002, 75% of the population lives in 101 countries that have been losing freshwater water"

This photo of Trump negotiating with a Japanese delegation is fascinating on so many levels.

Like: The sitting order. And, the cardboard in front of the President with the deal details written in extra large font.

Source:
x.com/Scavino47/st...

Migrants at Ice jail in Miami made to kneel to eat ‘like dogs’, report alleges Incident in which migrants were shackled with hands tied one of succession of alleged abuses at jails in Florida

www.theguardian.com/us-news/2025...

Die Gewalt muss enden – ein Essay des Politologen Ivo Scherrer Der Vorwurf, Kritik am Gazakrieg sei eine Form jüdischen Selbsthasses, ist inakzeptabel.

Wichtiger Text zu Israel und Gaza von Ivo Scherrer in @republik.ch:

«Es ist für mich nicht einfach gewesen, Schritt für Schritt meine Augen zu öffnen»

Ivo nimmt uns mit auf seine Reise und hilft uns dabei mit Empathie, unsere Perspektiven zu erweitern.

www.republik.ch/2025/07/19/i...

Interessantes Interview

Was für ein unsägliches Geschwurbel! Der Autor hat offensichtlich keine Ahnung was Diversity überhaupt bedeutet und wie das in Unternehmen mit einer fortschrittlichen Kultur umgesetzt wird. Bevor man so rumquasselt, lieber mal zuerst den Realitätscheck machen und in eine HR-Abteilung reinschauen.

😂 Because there are no details

Opinion | We Warned About the First China Shock. The Next One Will Be Worse.

"China Shock 2.0, the one that’s fast approaching, is where China goes from underdog to favorite"
a warning from @davidautor.bsky.social and Gordon Hanson www.nytimes.com/2025/07/14/o... #EconSky

Trump Official Behind Controversial Russia Decision Has Kremlin Ties Darren Beattie dismantled a key agency fighting Russian propaganda. There’s a reason why.

😲 This explains SO MUCH:

👉 Darren Beattie – the man behind the State Department purge – is married to a Russian woman with close family ties to Vladimir Putin 🇷🇺

Yes, really.

newrepublic.com/post/196029/...

About that record-high share of Americans saying immigration is good for the country: The surge is primarily driven by *Republicans* changing their tune. Rs have become much more positive on immigration than they had been before Trump took office.

Ex-Chefökonom der WTO ist sich sicher: «Die USA werden weltweit an Einfluss verlieren» Die 90-Tage-Frist ist verstrichen – doch Donald Trump wirft weiter mit Zolldrohungen um sich. Eine clevere Strategie? Nein, sagt Ralph Ossa, ehemaliger Chefökonom der Welthandelsorganisation.

«Der Schaden ist enorm – die USA werden weltweit an Einfluss verlieren» – UBS Foundation Professor Ralph Ossa im Interview mit @simonschmid.pro

www.tagesanzeiger.ch/strafzoelle-...

#EconomicsForSociety #UZH #shareUBS
@econ.uzh.ch

We are in new territory with Trump’s latest trade letter, threatening a 50% tariff on imports from Brazil starting Aug. 1
—The US runs a rare trade surplus with Brazil, so there’s no deficit to fix
—Trump says these duties are explicitly over political concerns, not economic ones

Hot off the press: tariff letter for the Heard and McDonald Islands.

😂

trump admin moving tariff deadline to august 1

a couple of penguins standing next to each other in the snow ALT: a couple of penguins standing next to each other in the snow

Any tariff letters for the Heard andMcDonald Islands yet?

Penguins will be disappointed if they don't get one.

Why are words like "Tariff" and "Economy" written with starting capital letters?

Never mind Musks promise that he will spend more time making things right at Tesla.