valueecon.bsky.social
@valueecon.bsky.social
Reposted
There's a peculiar political genius to having a trade policy that lasts exactly three days: It makes it impossible for economists to ever crunch the numbers and figure out just what costs it imposed.
May 28, 2025 at 1:54 AM
Reposted
Important news from US-China trade talks:
1. The US will cut the rate at which it taxes Americans who buy stuff from China, to 30%
2. China will cut the rate at which it taxes Chinese folks who buy stuff from the US, to 10%.

It's another Ross and Rachel moment: A 90-day pause.
May 12, 2025 at 11:36 AM
Reposted
"the reason markets have risen this week is: Every time Trump doesn't do something destructive, then one possible negative future just got erased, and that makes markets really happy. And so he's erased a few of those negative possibilities, but plenty more remain."
April 25, 2025 at 12:12 AM
~ hi everyone.
November 14, 2024 at 11:08 PM