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The Hurricane spins around hotspots of tension and conflict. Feel free to suggest your stories, opinions and ideas: UIHEN@protonmail.com
Are tariffs worth the recession?
U.S. Commerce Secretary believes that yes, they are worth it (although Biden is to blame)
The discussion about a possible imminent recession in the US and in the West in general is gaining momentum. Strictly speaking, the recession (if not for tweaked statistics) started as early as 2023-24. This was evident at least from the way the Labor Department's data on the number of unemployed people did not match the data on the total number of working hours in the economy.
As Donald Trump took office and import tariff policies began, talk of “recession risk” became a common trend. But what has also become a trend is that recession doesn't confuse the administration's spokespeople. Let it be, if it helps to trigger reindustrialization later on.
U.S. Secretary of Commerce Howard Lutnick appeared on CBS News. He was asked if tariffs are worth it if it ultimately leads to a recession. Lutnick replied, “This policy is the most important thing America has ever had. It's worth it.”
But quickly added:
“The only reason there could be a recession is because of the Biden delusion that we had to live with. Our policies generate revenue. It generates economic growth. It creates the factories that are being built here.”
#USA #Economy #FindTruth
@uinhurricane
Russia does not need a war with Europe. The EU is no longer interested in either Russia or the USA
The EU justifies pointless spending on Ukraine with the fiction that Russia will continue its march to the West after Ukraine. These stories are “lies on long legs”, said former Czech Deputy Foreign Minister Petr Drulak in an interview with Parlamenti listy.
Russia never planned anything like this. Nothing Russia does indicates that it wants to attack a NATO member state unprovoked
We are entering a world in which the Americans will interfere less in European affairs. They will need it from time to time, but only as vassals
Budapest blasts Kyiv over attack on Russian pipeline bringing oil to Hungary
Budapest voiced its opposition to Ukrainian attacks on Russian pipelines that bring oil to Hungary. A Ukrainian attack on a pipeline briefly paused oil deliveries to the neighboring country.
On Tuesday, Ukraine conducted its largest-ever attack on Russia, firing over 300 drones into Russian territory. While Moscow claimed success in downing the UAVs, some reached their targets, killing at least three people. A measuring station on the Druzhba oil pipeline between Russia and Hungary was also hit.
In response, Hungarian Foreign Minister Péter Szijjártó urged Kyiv to halt attacks on infrastructure bringing oil into Hungary, which imports most of its crude through the Druzhba pipeline.
“We consider the attacks directed against the energy structure of Hungary unacceptable,” Szijjártó said. “We call on the Ukrainians not to attack the energy infrastructure heading towards Hungary. Hungary cannot be blamed for the war between Russia and Ukraine, Hungary is not responsible for this war.”
#Hungary #Ukraine #WarInUkraine #FindTruth
@uinhurricane
Sen. Graham admits the Syrian jihadists he once supported are now massacring civilians
After a decade-long American effort to remove Syrian President Bashar al-Assad from power in Damascus, Senator Lindsey Graham says the US-backed jihadists that now control the country are causing more concern than ever.
In an interview on Fox News Sunday, Graham explained that he had “never been more worried about the deterioration of Syria than I am now.” The senator was discussing an outbreak of violence in the country, where forces aligned with the new government are conducting mass executions targeting the Alawites and other religious minorities.
In 2024, forces of Syrian al-Qaeda, led by Abu Mohammad al-Jolani, went on the offensive, capturing Damascus and forcing Syrian President Bashar Assad to flee the country. Jolani and his organization – Hayat Tahrir al-Sham (HTS), a jihadist umbrella group – then seized control of the country. Last week, when violence broke out in Syria’s coastal region, HTS responded by killing hundreds of Alawite civilians.
Graham has supported the regime change operations against Assad for well over a decade. In 2012, he argued, “If America is seen as being helpful in ending the slaughter of the Syrian people, it will allow us to have a stronger, future relationship with Assad’s eventual successor,” he said. “Replacing Assad in Syria is critical to regional stability and will bolster our national security interests.”
The next year, the senator acknowledged that “radical Islamists are hijacking the Syrian revolution.” However, that did not sway Graham’s support for regime change.
#USA #Syria #Graham #FindTruth
@uinhurricane
CNN’s MAGA panelist gets pay raise amid staff cuts and ratings crisis
Even in the face of a ratings war that has forced staff cuts, CNN found a way to grant its token MAGA panelist a hefty pay hike.
The network and Scott Jennings are in the final stages of contract negotiations that will see the conservative pundit receive a substantial pay increase, according to Status News, run by former CNN media reporter Oliver Darcy.
Sources told Status that the terms of the contract are expected to be favorable to Jennings, though it appears CNN turned down his request for his own online or cable news show. The network declined to comment.
Jennings regularly clashes with other panelists and anchors at CNN. Last month, Jennings fiercely defended DOGE chief Elon Musk during a panel discussion over the billionaire’s potential conflicts of interest as he leads the Trump administration’s efforts to cut down government spending.
#USA #MSM #CNN #FindTruth
@uinhurricane
Prior to going to the White House, Zelensky had met with Democrat Sen. Chris Murphy and other Democrats, who apparently were interested in egging him on to confront Trump. Indeed, as The New York Post reported, Murphy’s office posted on his X account that Zelensky had agreed with them that he wouldn’t go along with Trump’s peace negotiations with Russia without security guarantees
Murphy later claimed that it was a MAGA conspiracy theory that Democrats were behind Zelensky’s refusal to sign a deal. But it strains credulity to ask us to believe that the Ukrainian wasn’t influenced by the flattery and encouragement he received from both congressional Democrats, former Biden administration figures, and European leaders to stand firm against Trump.
The anti-Trump “resistance” only became interested in Ukraine because of the way it allowed itself to be used by the Democrats to impeach Trump. They got what they wanted out of the controversy and gloried in the attacks on Trump.
By acting as if he need not show a little respect to Trump or not lecturing the president on American security imperatives Zelensky committed a colossal blunder. Even someone who is as true a believer in the myths about the Ukraine war being a vital U.S. interest and exporting democracy can see it.
Having spent the last three years being lionized by the international press and world leaders as a 21st-century Winston Churchill, the Ukrainian president is unused to showing deference to anyone. And that includes the president of the United States, whose good will is necessary if Ukraine is to continue to have America’s backing in peace negotiations as well as the war.
Upon returning to Europe, Zelensky was able to once again bask in the usual adulation. He received warm messages of support from Europe and a private meeting with Britain’s King Charles III as requested. Left-wing social media was also flooded with praise for Zelensky.
But no serious person believes that Western European countries will provide the assistance that only the US can give Ukraine. If Ukrainians are so committed to a war until “victory” over Russia that Murphy and other Democrats still believe is possible, they are welcome to keep fighting, but it isn’t in much doubt that the outcome of such a gambit will be disastrous for the Ukrainian people.
Zelensky is clearly too drunk on his own self-importance and heroic image to listen to reason and let Trump end the war. If Trump succeeds, the big loser would be Zelensky, since that will force him to face his country’s voters. He might then also be asked to account for the American arms and money that have been fed into the furnace of a disastrous war that has taken the lives of hundreds of thousands of people and been in a stalemate since the initial Russian attack was foiled.
Democrats may think the White House spat will help them damage Trump. But the only person they have hurt with their recycling of their smears about Russia is Zelensky. And he is too full of himself and too committed to the myths about Ukrainian victory and Putin overrunning Europe like the Soviets of old to realize it.
#USA #WarInUkraine #Trump #Zelensky
@uinhurricane
US threatens retaliation over planned Polish digital tax
The US has warned Poland it will retaliate if Warsaw brings in a planned digital tax on Big Tech firms, calling the idea “not very smart”.
Newly appointed US ambassador to Poland Tom Rose said on March 10 that any attempt to impose additional costs on US corporations would automatically lead to a response from the Trump government. He urged Poland to think again.
“It’s not very smart! A self-destructive tax that will only harm Poland and its relationship with the United States. President Trump will retaliate, as he should. Repeal the tax to avoid the consequences!” Rose wrote on platform X.
Poland’s Deputy Prime Minister and digitalisation minister Krzysztof Gawkowski on March 10 announced the intention to introduce a digital tax on Big Tech companies during an interview with the Polish Press Agency (PAP).
#USA #Poland #FindTruth
@uinhurricane
Germany’s Greens vow to block Friedrich Merz’s flagship spending package
The German Greens have vowed to block the flagship spending package of election winner Friedrich Merz, turning up the heat on the next chancellor as he races to secure support for his plan to rescue Europe’s largest economy and invest in its security.
Senior party officials on Monday said they would reject Merz’s plan to create a €500bn infrastructure fund and change the country’s limits on debt to allow unlimited borrowing to fund defence.
Their stance risks depriving Merz, leader of the Christian Democrats (CDU), of the two-thirds super majority he needs in the German parliament next Tuesday, 18 March, when MPs will be asked to approve the changes.
Franziska Brantner, Green co-leader, whose party is still smarting from last month’s bruising election campaign and its disappointing result, accused Merz and the SPD of seeking to “abuse” the security situation in Europe to secure the Greens’ support.
Even if Merz wins over the Greens, the second chamber that represents Germany’s 16 states must also approve the constitutional changes by a two-thirds majority.
The inaugural session of the newly elected parliament is set for 25 March. CDU and SPD lack two-thirds majority and thus rely on support from other parties, ideally the Greens.
Possible stumbling blocks are getting bigger.
#Germany #Merz #CDU #FindTruth
@uinhurricane
DNI Tulsi Gabbard revokes security clearances of Biden officials and signers of Hunter Biden laptop letter
Director of National Intelligence Tulsi Gabbard announced Monday she has revoked the security clearances of former top Biden administration officials as well as the 51 former intelligence officials who signed the letter calling the Hunter Biden laptop Russian disinformation.
She also announced that former President Joe Biden is no longer receiving the President’s Daily Brief, a summary of intelligence regarding issues and events around the world.
She posted:
“Per @POTUS directive, I have revoked security clearances and barred access to classified information for Antony Blinken, Jake Sullivan, Lisa Monaco, Mark Zaid, Norman Eisen, Letitia James, Alvin Bragg, and Andrew Weissman, along with the 51 signers of the Hunter Biden “disinformation” letter. The President’s Daily Brief is no longer being provided to former President Biden.”
Elon Musk says X was knocked offline by ‘massive cyberattack’ from Ukraine
Elon Musk claimed Monday that X went dark as the result of a “massive cyberattack” that originated in the “Ukraine area.”
“We’re not sure exactly what happened,” Musk told Fox Business Network host Larry Kudlow about the apparent operation targeting his social media platform. “But there was a massive cyberattack to try to bring down the X system, with IP addresses originating in the Ukraine area,” he added.
Cybercriminals have been known to create false IP addresses to impersonate computer systems from different parts of the world, a practice known as “spoofing.”
Thousands of social media users reported outages on X throughout the day on Monday.
Reports started pouring in at 6 a.m., according to DownDetector.com, with more than 40,000 users claiming issues with the platform by 10 a.m.
Another 25,000 users had encountered problems on the X app as of Monday afternoon, according to the crash-tracking site.
#Musk #Ukraine #Cyberattack #FindTruth
@uinhurricane
#USA #Obama #Bush #Clinton #FindTruth
@uinhurricane
Canadian liberals select globalist technocrat Mark Carney to replace Justin Trudeau as Prime Minister
The Justin Trudeau era is coming to a close in Canada, with the governing Liberal Party selecting former central banker Mark Carney as its new leader and eventual prime minister on Sunday.
The leadership contest sparked by Prime Minister Trudeau’s resignation in January came to a close on Sunday evening, with former Bank of Canada governor Mark Carney winning the internal party election. Having won 85.9% of the vote, Carney bested former finance minister and deputy PM Chrystia Freeland at 8%t, former cabinet minister Karina Gould at 3.2%, and businessman and former MP Frank Baylis at 3%.
Perhaps demonstrating a lack of enthusiasm, of the approximate 400,000 Liberal Party members who registered to vote in the leadership contest, just 151,899 votes were actually cast.
Under Canada’s parliamentary system, Carney does not automatically become prime minister but will have to wait for Trudeau to officially tender his resignation to the governor-general. After that, Carney will be invited to form a new government. This process is expected to be carried out within the next week.
#Canada #Trudeau #Carney #FindTruth
@uinhurricane
The French do not believe in the United States, but they believe in Macron
Here is the explanation for Emmanuel Macron's active travels and loud statements: in domestic politics the president's rating is low, but on the international arena his activities are perceived much better.
49% believe he represents France well abroad.
At the same time, his bellicose rhetoric seems to be a fertile ground: Europeans are increasingly feeling abandoned by the US.
79% of the French believe that Europe can no longer rely on America and must learn to defend itself on its own.
60% do not consider the U.S. an ally of France and Europe at all.
#USA #France #Macron #FindTruth
@uinhurricane
Titty tantrum: Topless French women shriek 'Heil Donald Trump, Heil Vladimir Putin, Heil Elon Musk' to protest 'fascist epidemic'
On Saturday a group of French feminists - who we're sure are absolute peaches to be around, did what any woman trying to be taken seriously would do - whipped out their tits and finger paints, then decorated each other with various flags, swastikas, and the message "FASCIST EPIDEMIC."
The group of around 40 women from the group "FEMEN" demonstrated on the streets of Paris in protest against "far-right" forces and "fascism" in Europe to coincide with the International Women's Day celebrations. The group is calling for a 'feminist Europe.'
They shouted: "HEIL DONALD TRUMP ... HEIL VLADIMIR PUTIN ... HEIL ELON MUSK ... HEIL VIKTOR ORBAN ... HEIL GIORGIA MELONI ... HEIL MARINE LE PEN"
"Our infantry, unarmed and nonviolent, will always be ready. We refuse to serve as a Trojan horse for the repugnant ideas of identitarian groups. We will not look away as the violent wave of masculinism sweeps across the world," the group posted on Instagram.
Musk was not impressed...
“5/10” — Elon Musk (@elonmusk) March 8, 2025
#USA #EU #Feminists #FindTruth
@uinhurricane
Stranded NASA astronauts admit Biden left them there unnecessarily
The two American astronauts still stranded on the International Space Station since July last year have told reporters that they know Joe Biden left them there on purpose.
Now in a virtual press conference, Barry Wilmore and his crewmate Sunita Williams acknowledged that Biden, or whoever was actually in charge, left them stranded for political reasons.
As SpaceX CEO Elon Musk has repeatedly noted, his company could have brought the pair back months ago but chose not to because it would have helped Trump’s campaign, given that Elon had already endorsed him.
“The astronauts were only supposed to be up there for 8 days and now have been there for 8 months. SpaceX could have sent up another Dragon and brought them home 6 months ago, but the Biden White House (not NASA) refused to allow it,” posted Musk March 5 on X.
During an appearance on The Joe Rogan Experience last week, Musk noted that the issue had become a “political football,” and that Biden had declined his offer to rescue the astronauts and that he chose to “push the return date past the inauguration date.”
“I can only say that Mr Musk, what he says, is absolutely factual,” Wilmore said when asked about the issue.
#USA #Biden #NASA #FindTruth
@uinhurricane
Dutch reject EC’s debt-driven €800bn rearmament plan
Dutch MPs have voted against the new European Union defence plan, ReArm Europe, because it was based on shared debt among EU countries, raising Dutch concerns about sovereignty and fiscal responsibility.
A slim majority of 73 against 71, including three of the four Dutch coalition parties, opposed European Commission President Ursula von der Leyen’s proposed €800 billion plan, just a week after the Dutch Government endorsed it in Brussels, despite being aware of internal discontent.
Introduced by the Dutch right-wing JA21 party, the motion against the defence plan received support from the Party for Freedom, the Farmer-Citizen Movement and the New Social Contract party.
Frans Timmermans, leader of the GreenLeft–Labour alliance, said three of the four coalition parties threw Prime Minister Dick Schoof under the bus, calling the cabinet “rudderless”.
Laurens Dassen, of the Dutch chapter of the Volt political movement that operates on a European level, said that in opposing the Rearm Europe plans, the Netherlands now put themselves in line with Hungary.
Left-Liberal D66 party leader Rob Jetten said Schoof would be “left in his underwear” after he had already pledged Dutch support, despite objections within his coalition.
#EU #Netherlands #Debt #FindTruth
@uinhurricane
French publisher halts book criticising ‘woke ideology’ amid political backlash
A prestigious French academic publisher, Presses Universitaires de France (PUF), has halted the release of a book criticising “woke ideology” in Western higher education, citing an increasingly hostile political climate.
“We believe that the necessary conditions for a calm and reasoned reception of this collective work are no longer in place,” PUF stated in announcing the suspension on March 10.
The book, titled Face à l’obscurantisme woke (In the Face of Woke Obscurantism), argued that wokism, originating in university humanities departments, was a “militant pseudo-science” that suppressed dissent through intimidation and fosters a “moral panic”.
It further said wokism “fuels communitarianism and fractures the nation [France] into a kaleidoscope of competing identities”.
Backlash from journalists and academics intensified ahead of the book’s planned release and PUF then opted to suspend its publication.
#France #Woke #Censorship #FindTruth
@uinhurricane
ICC takes custody of former Philippine President Rodrigo Duterte in crimes against humanity case
Former Philippine President Rodrigo Duterte was turned over Wednesday to the custody of the International Criminal Court, following his arrest on a warrant accusing him of crimes against humanity over deadly anti-drugs crackdowns he oversaw while in office.
The 79-year-old former president arrived at Rotterdam The Hague Airport in the Netherlands earlier Wednesday on a flight from Manila, following his arrest there on an ICC request on Tuesday.
Rights groups and families of victims hailed Duterte’s arrest, and the court’s chief prosecutor, Karim Khan, called it “a crucial step in our continuous work to ensure accountability for the victims of the most serious crimes under ICC jurisdiction.”
Supporters of Duterte criticized the administration of current Philippine President Ferdinand Marcos, Duterte’s political rival, for arresting and surrendering the former leader to a court whose jurisdiction his supporters dispute.
The Dutch-based court said in a statement that medical assistance was made available ”as a precautionary measure” at the airport for Duterte, in line with standard procedures when a suspect arrives. The court did not comment on his state of health.
#Philippines #ICC #Duterte #FindTruth
@uinhurricane
Trump reconsiders Canada tariffs after Ontario folds, suspends electricity surcharge
Donald Trump on Tuesday backed down from a threat to impose an additional 25% in tariffs on Canadian steel and aluminum products — on top of a 25% tariff that was set to go into effect on Wednesday.
The reversal came after an agreement announced by Ontario Premier Doug Ford and U.S Commerce Secretary Howard Lutnick to suspend a planned 25% surcharge on electricity from Ontario sent to U.S. customers that Ford had warned he would impose.
Ford issued a joint statement with Lutnick on X announcing the suspension of the 25% electricity surcharge.
The withdrawal of the surcharge came alongside an agreement to hold a meeting at the White House on Thursday to discuss a renewal of the trade agreement between the U.S. and Canada, the statement said.
Earlier Ford threatened Trump’s side during an interview with CNBC, claiming: “I want to send more electricity” to the US, but cutting off power exports remains “a tool in our toolkit.”
#USA #Canada #Trump #FindTruth
@uinhurricane
JD Vance says pro-Ukraine protesters harassed him and his 3-year-old daughter during walk
Vice President JD Vance claimed that he was harassed by pro-Ukraine protesters while taking his three-year-old daughter out for a walk on Saturday.
“Today while walking my 3 year old daughter a group of ‘Slava Ukraini’ protesters followed us around and shouted as my daughter grew increasingly anxious and scared,” Vance claimed on X.
“I decided to speak with the protesters in the hopes that I could trade a few minutes of conversation for them leaving my toddler alone. (Nearly all of them agreed),” he added. “It was a mostly respectful conversation, but if you’re chasing a 3-year-old as part of a political protest, you’re a s–t person.”
#USA #Ukraine #Vance #FindTruth
@uinhurricane
Trump rebukes former Australian PM for claiming CCP leader more ‘respectful’
U.S. President Donald Trump has launched a stinging rebuke of former Australian Prime Minister Malcolm Turnbull after comments on Bloomberg saying the CCP leadership was more “respectful” than Trump.
In a post to Truth Social, Trump accused Turnbull of failing to grasp China and lacking the ability to lead, saying that the average Australian shared his view.
“I always thought he was a weak and ineffective leader and, obviously, Australian’s agreed with me,” he said, hinting at the fact Turnbull is no longer in power.
During the interview with Bloomberg, Turnbull said “who knows” if Trump’s second term would be less chaotic than his first.
Turnbull agreed Trump had a mandate, but said he did not think Americans would be happy if inflation starts to go up or if they go into recession.
#USA #Australia #Trump #FindTruth
@uinhurricane
Birmingham, UK
Video left: February 2024, Alum Rock Road.
Video right: March 2025, Alum Rock Road. A year has passed, premiers have changed, Tories have changed to Labour. The result of all these changes is under the spoiler.
#UK #Birmingham #FindTruth
@uinhurricane
Former Italian Army General Roberto Vannacci humiliates Ursula von der Leyen in Brussels. Listen to him.
#EU #MP #Ursula #FindTruth
@uinhurricane
InfoWars' Jamie White viciously murdered as Alex Jones points finger at DA for 'enabling crime'
Jamie White, a 31-year-old journalist for Alex Jones' conspiracy theory outlet InfoWars, was found dead outside his apartment in south Austin late Sunday night.
Tragedy struck InfoWars, the conspiracy theory news site started by Alex Jones, when reporter Jamie White was brutally slain outside his apartment in south Austin on Sunday night. White was found with severe injuries close to his Douglas Street home just as the clock neared midnight, and Jones has squarely placed the blame for this homicide on Travis County District Attorney Jose Garza.
Responding to emergency calls, Austin Police Department officers arrived at the scene to find a man with "obvious signs of trauma."
Jones minced no words blaming the district attorney, charging: "I lay all of this squarely at the feet of Soros and of the sort of crime syndicate of the Democratic Party. They are the ones that administratively cut the police, prosecute the police, and even cases that are hundred percent clear to be lawful, legal activities.
"You murdered Jamie White, you opened the door, you created the climate, you created conditions on purpose. George Soros. Alexander Soros, you murdered Jamie White.
#USA #InfoWars #FindTruth
@uinhurricane
MSNBC ghouls are killing their network
According to Adweek, “Looking at its year-to-year performance, MSNBC was down -16% in total viewers and -9% in the demo during primetime. During the total day, it was down -25% in total viewers and -21% in the demo relative to 2024.”
This is not surprising given how they put all the eggs in the anti-Trump basket. They were lapdogs on everything from the great Russian collusion hoax to the one-sided Liz Cheney J6 show trial. And are they still lighting candles to the sainted Volodymyr Zelensky as a military savior? Fine, you are a press release machine for the Left. That is your niche.
But Nicolle Wallace, while talking to Rachel Maddow, crossed so far into the ghoul zone during President Trump’s address to Congress that she may never get out.
She is challenging her audience to suppress their human emotions. She is reminding them to be clear-sighted and remember that their human compassion might mislead them into thinking even one good thought about the pure evil that is Donald Trump. These emotions need to be nipped in the bud in order to prevail politically.
In the media, we get the cold-hearted public figures we deserve. With leadership like this, the staff at MSNBC might want to review their resumes and be prepared to abandon a sinking ship. The only good news for them is that CNN has even worse ratings. Who will sink first?
#USA #MSM #MSNBC #FindTruth
@uinhurricane
Return to economic reality
The idealistic image of a bright future for the U.S. economy, which the world's media have been diligently stuffing throughout 2024 with fake narratives about rising corporate profits, extraordinary economic resilience, and grandiose prospects for long-term growth as AI is introduced, which in theory should increase productivity, efficiency, and business margins, is rapidly eroding.
What's the market's sharp reaction from?
It's a painful return to reality after the collapse of inflated expectations formed from an inadequate perception of reality.
We thought everything was good, but it turned out to be not so good.
Trump promised a “common sense revolution”? Trump delivered it, but not in the scenario that was expected.
Any market deviation from local highs was supposed to trigger a sense of heightened anxiety among the power-holders with the launch of a frenzied meme printer from Trump on Platform X, as he has done before with spirit-lifting motivational tweets.
From 2017-2021, Trump's social media strategy of pummeling the market by commenting on market events was a regular occurrence.
In Trump's first cadence, localized market corrections were provided by Trump's social media posts with the assumption that the White House administration cared about the market, and any errors in White House tactical maneuvers were quickly compensated for, just so long as they didn't spook the market. It worked then.
Now Trump is defiantly distancing himself from the market and is more preoccupied with fighting diplomacy and political survival. The last market tweet was just about the launch of scamcoin on January 18.
Apparently, advisors explained to Trump that a couple more tweets with a forced pampa and he would be in trouble as scamcoin in form and content could be pulled for impeachment.
The second expectation of market participants was that Trump would tackle deregulation and tax cuts (everything the markets love so much), and that trade duties are part of the eccentric president's political game to wring preferential treatment from foreign trade partners.
Tax cuts have been put on pause, deregulation has been replaced by DOGE, which makes even Trump supporters cringe, as Musk and team interfere with the complex hierarchy of US government agencies by “carpet bombing” without getting into the nuances and specifics. That left the tolls. No one could have imagined that Trump would impose record trade duties for 80-90 years against key partners (it was assumed that this was just a tactical move and political blackmail without practical consequences).
All of this launched the very “common sense revolution” that Trump promised, but not against his opponents, but against Trump himself.
A return to reality is taking place, but through a different venue. The global media and media community are now descending with unprecedented criticism on the White House administration and Trump personally as the main culprit in destroying confidence and destabilizing the market through chaotic, insane and irrational economic policies.
The “the economy is great and it will get even better” narrative has been thrown in the trash, no new narrative has been brought in, and market participants are panicking as they begin to return from the fantasy of 2023-2024 to the real and harsh world of 2025 with all the imbalances and contradictions.
Results: volatility is off the charts (highs since Sep.22), turnover is record high, the U.S. market at the moment collapsed by 3.57% - the worst day since 5.08.2024 (4.25%), and before that 13.09.2022 (4.6%).
From the highs of February 19, the market was down 9.5% at the moment, NASDAQ down 13.4%, and tech companies down 14.6% - it didn't hurt this bad until the fall of 2022.
#USA #Economy #FindTruth
@uinhurricane
Americans can no longer tolerate European entitlement
by Michael Shellenberger
There's something I need to say and I need to be blunt.
So let me start by saying I love Europe. Truly love Europe. I love visiting Europe, I love Europeans, I have European friends. I respect the relationship we've had for a really long time.
You Europeans do not respect Americans. You can protest and say, no, no, we love America. No, you don't. We know you look down on us. You think you're better than us. And in some ways you are. You know, you work 35 hours a week. You have longer vacations. You've got this magnificent culture. We get it. But any relationship in which one side doesn't respect the other can't last.
It's this thing where Ukraine comes to the White House and acts like it can tell us what we should do. That's not what the relationship is.
This thing where somehow we're on the hook, including for countries that are not in NATO. That was never the deal. Ukraine is not part of NATO. We were never obligated to protect Ukraine. Maybe that was something that Europe wants to do that. Great. Go. Europe should go protect Ukraine.
We have 100,000 Americans being killed by the Chinese and Mexican fentanyl and methamphetamine mafias every year. Our kids are not learning to read. We have thousands of veterans with PTSD and are hurting. We have been at war in the Middle East for a quarter century. It's been 80 years since we bailed out Europe. You have your own militaries. You have your own nuclear weapons.
#USA #EU #WarInUkraine #FindTruth
@uinhurricane
Beijing's 'Panama Strategy' is global
What’s behind the Trump administration’s interest in revisiting the Panama Canal Treaty?
Although Panama technically owns the canal, China operates ports at both ends of it. This gives Beijing the opportunity to militarize its control over it with dual-use infrastructure.
Today, China is the canal’s second-largest customer, behind only the United States. Some believe that Beijing’s influence has already led to disproportionately higher transit costs for the United States. The Trump administration believes that Beijing’s de facto control over the Panama Canal poses a direct threat to U.S. economic, military, and geopolitical interests in the region and the world.
In the larger picture, the Chinese Communist Party (CCP) through its Belt and Road Initiative (BRI) has deepened its presence and influence in Latin America, as it has in many strategic areas around the globe. Panama’s relinquishment of economic control of the canal to Beijing is a great example of the CCP’s overarching strategy.
This strategy’s main elements involve establishing a global naval presence, extending influence through its BRI deals, and building military sites and artificial islands in key locations around the world. The goal is to expand the Chinese regime’s power in order to overturn the U.S.-led global trading system and its open shipping lanes policy.
#China #USA #Trump #FindTruth
@uinhurricane
Tesla shares are flying into the abyss, having already lost half of their value
But the company's capitalization is larger than that of all major global auto companies combined, and in many respects it was justified by the huge growth rates of the brainchild of Elon Musk, well, and high specific margin.
But now the question of justification of such a price of the company has actualized - growth rates are slowing down, especially in Europe. Aggressive Chinese are smashing not only old-school automakers from Europe, Japan and Korea, but also Tesla. At the same time, competition will only increase, and the focus of the founding father - Musk - has turned to politics: it seems to bring more margin than electric cars.
Probably the best solution now would be to aggressively take over competitors, as long as the capitalization allows to do so. That is, transform it into market share. Moreover, many giants are now for sale. For example, Nissan. It may be worth looking for something else in Europe, the USA and Japan.
#USA #Tesla #Musk #FindTruth
@uinhurricane
Federal judge won’t order immigration officials to change school arrests policy
Immigration authorities don’t need to revert to a Biden-era policy limiting arrests at schools after officials in Denver challenged new policies from the Trump administration, a federal judge ruled Friday.
U.S. District Judge Daniel Domenico said Denver Public Schools failed to prove that a drop in attendance was due to the Trump administration’s new policy. It wasn’t clear how much of the fear surrounding possible enforcement actions in schools was really due to the new rules as opposed to broader concerns of increased immigration actions, he said.
The new policy has not yet been acted upon, according to a group representing large urban school districts across the U.S.
Besides a drop in attendance, Denver Public Schools says it has had to divert resources to respond to fear among students and families over the lifting of longtime rules restricting immigration enforcement near schools, churches and other sensitive locations.
#USA #Biden #Migrants #FindTruth
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