Trump Tariffs Run Over Already-Desperate Car Industry; Higher Prices, Job Cuts, and Supplier Closures Baked In
The tariff situation has developed not necessarily to the advantage of the car industry.
Read more...Author Archives: Yves Smith
Links 4/5/2025
Trump’s Tariffs Are Extremely Dumb, Just Not For The Reasons You Might Think
The massive Trump tariffs are a con on a global scale. Trump is not rejecting the corporate trade model. He’s weaponizing it.
Read more...Trump’s Non-Cooperative Game
Game theorists do not take a kind view of how Trump is going about things.
Read more...Private Equity Shares Tank Based on Trump Tariffs; Private Equity and Credit Crises Coming?
How the Trump tariffs will whack private equity, and even more so, investors like CalPERS and other public pension funds.
Read more...Medicare Advantage Is Covering More and More Americans − Some Because They Don’t Get to Choose
Another layer of the ongoing campaign to get more Americans to use private and generally inferior Medicare Advantage over Traditional Medicare
Read more...Another Trump Big Lie: “Reciprocal Tariffs”
Further discussion of the delustions and misrepresentations of the Trump tariffs.
Read more...Trump Deploys His Tariff Wrecking Ball; How Much Will the US Suffer Along with Most of the Rest of the World?
The latest Trump tariffs kick up the destructiveness of his administration up to a whole new level.
Read more...Iran Lacks the Leverage For a Fair Deal With the US
The US seems intent on bludgeoning Iran into a very unfavorable agreement.
Read more...Another “Covid Brain” Cognitive Impairment: Checklists?
Are difficulties with mental checklist another manifestation of “Covid brain”?
Read more...What Will Tech Moguls Do With Their Wealth?
Tech billionaires are embedding themselves in U.S. economic systems while experimenting with new ways to manage their fortunes
Read more...New Gallup Poll Finds Health Care Affordability Falling: One-Third Cannot Afford Care
More bad, if predictable, news on the US health care front.
Read more...Advertising Makes You Unhappy – By Design
Is advertising bad for you?
Read more...GOP Lawmakers Eye SNAP Cuts, Reducing Benefits for the Low Income at a Time of High Food Prices
The GOP again has SNAP food assistance benefits in their crosshairs. How might they make cuts? Can they muster the votes?
Read more...Bracing for the Fallout from Trump Tariff Delusions
Trump is about to drop another big tariff shoe, and pretty much no one but very hard core ideologues is on board.
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