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#economics

1.3K posts165 participants95 posts today
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Emeritus Prof Christopher May

As the EU looks to counter Trump's automotive tariffs with action focussed on US technology firms, we are now in a burgeoning trade war.

We've been here before; it will severely impact national economies (as history as demonstrated) as well as workers in the directly impacted sectors.

For those arguing deglobalisation is the answer to the world's problems this may look like a good step; but an 'unmanaged' retreat from globalisation may be pretty chaotic in the short/medium term?

#economics
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BOCVIP

Can the American government be privatized? bocvip.com/809068/can-the-amer #AskEconomics #economics

BOCVIP · Can the American government be privatized?This probably isn't the sub to ask, but this is related to the economy I thinkSo from everything that's going on with federal workers and being fired and federal deparmtnets being downsized to nothing. There has been some alarming talk about how private companies want to take over those roles. But is that possible? Economically speaking, can companies/corporations be charge of of things like the department of education/transportation/security and whatever?And how would this affect the economy of a nation if such a thing happened.https://www.reddit.com/r/AskEconomics/comments/1jllghq/can_the_american_government_be_privatized/Posted by Green-Muscle-2253
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Yonhap Infomax News

Korean Paper market shows resilience amid political uncertainty, with successful bond issuances by major companies, while impeachment verdict remains a potential risk factor for investor sentiment.
#YonhapInfomax #KoreanPaperMarket #BondIssuances #PoliticalUncertainty #ImpeachmentVerdict #ForeignInvestorSentiment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
en.infomaxai.com/news/articleV

Continued thread
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unusual_whales

Imports accounted for almost 40% of new cars sold in America last year

Read more: t.co/Z9vUC3mL3b

Unusual Whales - News · Imports accounted for almost 40% of new cars sold in America last yearThe announcement of a 25% tariff on all imported passenger vehicles and critical auto parts, set to take effect on April 2, triggered a sharp sell-off in both foreign and domestic auto stocks. Analysts have long cautioned that such tariffs would likely drive up car prices as the U.S. auto industry scrambles to adapt. In a Wednesday note, Wedbush analysts described the new tariffs as “a hurricane-like headwind to foreign (and many U.S.) automakers,” warning they could increase the average p
#news#finance#economics
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