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For all the countries making agreements with each other, it's getting a lot simpler and reliable.Ryan Petersen
@typesfast
Founder and CEO of Flexport: We’re making global commerce as simple and reliable as flipping a light switch.
Not anymore
Ryan PetersenHail our dear Comrade Nation Builder Trump
@typesfast
Founder and CEO of Flexport: We’re making global commerce as simple and reliable as flipping a light switch.
Not anymore
For all the countries making agreements with each other, it's getting a lot simpler and reliable.Ryan Petersen
@typesfast
Founder and CEO of Flexport: We’re making global commerce as simple and reliable as flipping a light switch.
Not anymore
Amen.For all the countries making agreements with each other, it's getting a lot simpler and reliable.
Trump is on Chinas and Nvidias ignore list
Long Live Kang XI !!
Well
Ce la vi
They're more than welcome to it.
Take your time bombs outta here!
Wham
Bam
Thank you
Maam
Mr. Ho Lee Sheet
SO THEY NEED TO BUY 100,000 "BOYCOTT USA" T-SHIRTS FROM US.Mr. Ho Lee Sheet
Thats nothing...Hail our dear Comrade Nation Builder Trump
In russia they affectionately call trump "our asset"
Ce la vi
Whoops, there goes the other canal!
Last edited by Winehole23; 04-19-2025 at 09:06 AM.
Negotiations going well
The Art of The Deal
The Art of the Deal
+12 in March to -26 in April, consensus was +2
This is a regional Fed manufacturing survey
lowest reading since April 2020
Krugman interviews Nathan Tankus
https://www.crisesnotes.com/liquidit...-tankus-again/One thing that struck me during the conversation was Nathan’s explanation of the partial easing of financial stress after the crazy tariffs announced April 2 were replaced by the equally crazy tariffs of April 9. He points out that while a serious analysis of the April 9 tariffs showed that they were as bad in their own way as the original tariffs, the narrative was that policy had eased. And markets, he insists (and I agree) are less information processors than conventional wisdom processors.
Paul Krugman: So hi. Paul Krugman again.
I'm doing a second session with Nathan Tankus, who is everywhere these days.
He's really in the middle of it. And last time we spoke it was really about DOGE which has by no means gone away as an issue but we're also having crazy action in the financial markets, which is in some ways, Nathan, where you came into this whole discussion. I want to try and actually figure it out myself, but also walk listeners through what's going on.
So welcome. I guess this is my show these days.
You were actually warning about a potential financial crisis before the whole post Rose Garden stuff. You want to tell us about what you were thinking and we can go from there?
Nathan Tankus:
Yeah. So, I've been calling this series since it started January 31st, the “Trump-Musk payments crisis.” And so this is a lot of what we talked about last time, All of the different ways that this system could blow up. We really emphasized that what the DOGE people are messing with at the Bureau of the Fiscal Service is literally the ability to make treasury payments. And in fact, what they're doing is so catastrophic that making treasury payments is kind of the least of the concerns. That'll be the most immediate thing, but like, you know, not getting money in the hospitals, not being able to collect taxes… It’s hard to wrap your mind around this because it's so big, it’s kind of beyond a fiscal heart attack. Just, like, making the fiscal machinery of government completely break down. And they clearly have not really understood that they've been messing with that.
Last edited by Winehole23; 04-19-2025 at 01:40 PM.
You dropped your crown Kang XI!
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