Tag: economy
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At first it was denials, then admittance – the excuses…. Is the Tony Blair foundation above criticism
The Neenah Cherry song 7 seconds, is about starvation, war, pestilence and disease. Bob Geldoff got onto the phone to his mates and pushed to save the millions dying in Ethiopia, but the originator of the war in the Middle East – Tony Blair took advice and argued that $9,000 would cut the population of…
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America, trying to move into manufacturing. (will it work)
It won’t be the tariffs that Trump will regret, it will be the way he is going about negotiating at the top table that will challenge his ideas and arguments. Honda and Toyota, are already manufacturers in the United States and may find themselves in an advantageous position, but that really does not tell the…
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Ninety days before Trump returns with economics 101
Once the stock exchanges around the world crashed last week, the US Treasury secretary argued that most of the investors in the exchange whose pensions were on the line were down only 40 percent, but the majority of those with pensions on the line were hammered by US bonds failure to sell. It was argued…
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The price of tariffs
Trump’s determination to get the garment industry back into the US is just one of the arguments around tariffs, but it is the failure of Trump to realise that good jobs reflect the states evolving industrial capabilities. The concept that the US will be manufacturing jeans and t-shirts and exporting them around the world is…
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A step to far
Trump wants the trade deficit reduced and by putting tariffs on imports Trump believes he can reduce the US trade deficit. But tariffs are a tax on the consumer and an added tax for articles that will be entering the US market. It really is a question of whether the President understands what a tariff…
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With soft power comes influence
It was very much a trick of the Conservatives in the UK to stop all spending whether the economy needed it or not. But Trump’s tactic or should I say Rubio’s is extraordinary, “Stop all Foreign Aid”. Of course they have the ultimate answer to stop voices being heard and that is to fire the person…
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The fiscal aims of the US under Trump 2.0
America is in a tiny bit of a mess, however hard it tries the deficit will not lessen and it is the idea of tariffs pushed by Trump during the election, which is meant to manage the deficit. But the idea that tariffs themselves are the b-all to the management of the US economy is…
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Christmas News Letter
Welcome to the final newsletter of 2024 from WorldThoughts.UK This year has been extraordinary, from a continuation of the war in Ukraine to the war in Gaza and finally the collapse of the Assad regime in Syria. The argument that has been at the forefront of most conversations has been who will be the next…
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Russia moving into a critical period economically
There is a concern that Trump will step in just when Russia runs out of steam. What does this mean, Russian interest rates are at an eye watering twenty one percent, the Rouble has lost value against the US dollar and the Chinese Yuan. There is an expectation that the rouble has further to fall,…
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The Japanifacation of China, or not
There is an argument that China’s economy is entering a difficult phase dependent on growth. The worries concern prime industries but especially the property market and high end manufacturing, but the arguments in the FT and elsewhere is that China is entering a bubble where stocks, property and currency are overvalued, which doesn’t quite tally…
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