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Aurea @mariaurea.bsky.social · 12h

TRUMP'S IRON CURTAIN. Trump is building a wall around the world’s largest economy. As America’s tariff barriers on everyone else have gone up, so has the drawbridge, making it harder for migrants to enter the country. (Econ)

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Aurea @mariaurea.bsky.social · 12h

IN 2025 NET MIGRATION COULD BE ZERO OR NEGATIVE FOR THE FIRST RECORDED TIME SINCE THE DEPRESSION. LOWER MIGRATION WILL DO DAMAGE, TOO. (Econ)

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Aurea @mariaurea.bsky.social · 12h

Higher inflation might also dissuade the Federal Reserve from cutting rates further, threatening those ultra-high stockmarket valuations. (Econ)

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Aurea @mariaurea.bsky.social · 12h

The administration’s assault extends to high-skilled workers, some of whom face a $100,000 fee for visas. COMBINED WITH HIS NO-HOLDS-BARRED DEPORTATION PROGRAME & ATTACKS ON UNIVERSITIES, TRUMP IS SIGNALLING TO THE WORLD'S BEST MINDS THAT THEY ARE NOT WELCOME IN AMERICA. (Econ)

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Mueller, She Wrote @muellershewrote.com · 14h

A restraining order was issued YESTERDAY by a federal judge barring detention of journalists in this district unless they refuse to reposition themselves and are given adequate time to do so, or there’s probable cause they’ve committed a crime.

Heartland Signal @heartlandsignal.bsky.social · 15h

BREAKING: Masked Border Patrol agents aggressively arrested WGN video producer Debbie Brockman in Lincoln Square Friday morning, supposedly for "obstructing justice." (Video via Josh Thomas on Facebook)

Follow @heartlandsignal for more.

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Aurea @mariaurea.bsky.social · 12h

The U.S. is a big enough economy that it can step back from global trade without suffering an economic cataclysm. However, IN TIME TARIFFS WILL ERODE ITS COMPETITIVENESS & ITS ECONOMIC POWER, ESPECIALLY IF ITS ALLIES INTEGRATE MORE DEEPLY WITH CHINA. (Econ)

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Aurea @mariaurea.bsky.social · 12h

The battlements around America’s economy will not be easy to dismantle. Because other countries have not raised tariffs, America would have to unilaterally lower its duties. (Econ)

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Aurea @mariaurea.bsky.social · 12h

Some of the explanation for this resilience is that few countries other than China have retaliated at scale against American duties. Britain, Japan & the EU have struck deals that reduce Trump’s proposed tariffs, without levying their own. (Econ)

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Aurea @mariaurea.bsky.social · 12h

Since “Liberation Day” financial markets have swung from panic to euphoria. Elsewhere the picture is mixed. Inflation has risen only a little, as America’s importing businesses have absorbed much of the tariff pain. (Econ)

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Aurea @mariaurea.bsky.social · 12h

The Pres. wants to turn America into a fortress that keeps out foreign incursions, cutting the country off from the very goods & talent that helped make its economy the envy of the world. (Econ)

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Aurea @mariaurea.bsky.social · 12h

Trump’s volatile policymaking encourages companies to wait to raise prices until they know they must. When they do, domestic producers, shielded from competition, follow suit. (Econ)

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Aurea @mariaurea.bsky.social · 12h

THE REAL DAMAGE WILL BE IN THE LONGER TERM. THE U.S. ACCOUNTS FOR ONLY 15% OF GLOBAL FINAL DEMAND FOR GOODS IMPORTS. If its drawbridge remains up, THE WORLD WILL GRADUALLY INTEGRATE WITHOUT IT. (Econ)

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Aurea @mariaurea.bsky.social · 12h

The collapse in migration is an enormous and underappreciated shock to the economy. Between 2000 and 2020 annual net migration into America was 1m, on average; under Biden it reached 2.5m a year. (Econ)

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Aurea @mariaurea.bsky.social · 12h

The benefits of skilled migration are enormous. The average migrant with a graduate degree boosts the Treasury’s coffers by a net $1.8m over their lifetime. Skilled migrants account for 5% of the labor force but 10% of labor earnings. (Econ)

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Aurea @mariaurea.bsky.social · 12h

But domestic firms, used to protection, will lobby for them to remain. Migrants’ faith in the country as a place where they can thrive will not be rekindled overnight. (Econ)

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Aurea @mariaurea.bsky.social · 12h

America once thought of itself as a shining city on a hill. As the walls go up, it will seem more like an isolated fortress. THE LONGER THIS LASTS THE MORE LIKELY THE WORLD IS TO MOVE ON WITHOUT IT. SOURCE: The Economist.

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Chelle 🔵 @chelle78.bsky.social · 1d

www.theguardian.com/world/live/2...

I’m just glad it went to someone standing up for democracy instead of tearing it apart!

Nobel peace prize 2025 live: María Corina Machado wins for work promoting democratic rights in Venezuela

US president had been conducting campaign to influence prize committee

www.theguardian.com

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Aurea @mariaurea.bsky.social · 12h

But the damage from the tariffs is starting to be felt. The biggest immediate problem will be higher inflation. Trump’s tariffs are currently boosting consumer prices by 30 %. This will probably rise over the next few months, and peak around the turn of the year. (Econ)

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billkittle.bsky.social @billkittle.bsky.social · 1d

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Rigorous, Fred-based Reporting @thefred.bsky.social · 20h

He absolutely would deserve the peace prize if he had half his cabinet shot and then he resigned.

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Aurea @mariaurea.bsky.social · 12h

The pres. is fortunate, too, that U.S. is in the middle of an astonishing stockmarket boom, fueled by optimism about artificial intelligence-AI. The STOCKMARKET CANNOT GO ON RISING THIS FAST FOR EVER. THE HIGHER IT SOARS, THE GREATER THE DANGER OF A CRASH. (Econ)

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Aurea @mariaurea.bsky.social · 12h

Economists at Goldman Sachs have found that THE MORE LONG-STANDING THE TARIFF, THE MORE IT HAS BEEN PASSED ON TO PRICES. (Econ)

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Aurea @mariaurea.bsky.social · 12h

Global investors have already become more wary of the dollar, which is down by 9% against a basket of currencies this year. (Econ)

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Aurea @mariaurea.bsky.social · 12h

America once thought of itself as a shining city on a hill. As the walls go up, it will seem more like an isolated fortress. THE LONGER THIS LASTS THE MORE LIKELY THE WORLD IS TO MOVE ON WITHOUT IT. SOURCE: The Economist.

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Aurea @mariaurea.bsky.social · 12h

But domestic firms, used to protection, will lobby for them to remain. Migrants’ faith in the country as a place where they can thrive will not be rekindled overnight. (Econ)

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