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" #TaxCuts for very rich people leads to less revenue then cuts to the public sector. This is presented as being 'inevitable' but it's a choice which leads to a decline in quality & accessibility of public services. Then governments swoop in to offer #privatization as a viable alternative."
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#TrumpCrash
18 Beiträge17 Beteiligte0 Beiträge heute
Trump is folding
*US president says tariffs on imported goods will come down from 145% rate but insists ‘we’re doing fine with China’"
#Trump #TrumpCrash #chinatarriffs
https://www.theguardian.com/us-news/2025/apr/22/trump-china-tariffs
The Guardian · Trump says China tariffs will drop ‘substantially – but it won’t be zero’
"Deregulation of the industries is what allows #OilAndGas companies to do pretty much whatever they want, take the profits & leave a mess behind without any real consequences. Political parties often campaign on #TaxCuts but what they usually mean is tax cuts for very rich people."
Trump‘s Tariff-Show is either stupidity or sabotage. It’s one or the other. And both possibilities are terrifying.
Antwortete im Thread
@noelreports Seems that Making America Great thing is not going too well! At this rate, it’ll be MAI - Making America Irrelevant! #TrumpCrash
Antwortete JonChevreau
@JonChevreau Question is: how much damage will the #TrumpCrash do?
Dow tanks 970 points as #TrumpCrash resumes
"Capitalism's defining feature is that most economic activity (meaning production, consumption & distribution) takes place in the private sector with the goal of accumulating private profit. The goal isn't to support human or planetary well-being. It's to accumulate private profit"
Your #EasterMonday morning podcast is HERE. Fire up that morning coffee and enjoy.
Have a GREAT day!
https://www.podcastics.com/episode/357264/link/
#WellBeingEconomy #Parkland #Oligarchy #Climate #TrumpCrash #DonutEconomics #cdnpoli #abpoli #yyc #ClimateAction
Your #EasterSunday morning podcast is HERE. Fire up that morning coffee and enjoy.
Have a GREAT day!
https://www.podcastics.com/episode/357264/link/
#WellBeingEconomy #Parkland #Oligarchy #Climate #TrumpCrash #DonutEconomics #cdnpoli #abpoli #yyc #ClimateAction
"A lot of us are expressing shock and disbelief and questioning 'how on earth did we get here?' It's important to recognize that much of what we're seeing now is an entirely predictable outcome of our political/economic system of neoliberal capitalism. This was bound to happen and now here we are!"
"Our current global economic model which is increasingly shrinking the world's middle class, making the poor poorer, the rich richer and the world increasingly on fire is just ONE now demonstrably failing human made system. Others have existed before & will do so again. We're way past due." #
Chinese Oil Purchases Are Down 90% But Canadian oil purchases Are Up 700%
So much winning… is this great enough?
Everyone needs to see this #Jeffrey_sachs roasts Trump at the Antalya Diplomacy Forum, for not understanding what trade deficits actually are. He said #DementiaDon would flunk his Economics 101 class. He also explains how corrupt our congress is from dark money. Justice Roberts court has created all of this with the disastrous Citizens united decision. Jeffrey Sachs says the US is collapsing with a government run by a king who is ignorant. #Trumpcrash #MadKingTrump https://youtu.be/gNson4TqUO4?si=i88PsPLTBLkbLEyH
youtu.be- YouTubeAuf YouTube findest du die angesagtesten Videos und Tracks. Außerdem kannst du eigene Inhalte hochladen und mit Freunden oder gleich der ganzen Welt teilen.
"It's always easy to shrug things off by saying 'well that's just how things have always been' except, when it comes to our entirely human constructed global economic system it's categorically untrue. It has NOT always been like this. In 2025 better models need exploring, like the #WellBeingEconomy
"This is not what a resilient system looks like and the outcomes of each crash reveals further weaknesses within that system, especially as it relates to #Inequality, environmental devastation and of course to the challenge far more massive than any economic system: #ClimateChange."