Funny Trending News that will make you laugh or cry
If Trump goes down, he’s decided to take the world economy with him. It’s no secret that the Trump administration is besieged on all sides now. As White House staffers flee or begin to leave Trump’s sinking ship while it takes fire from every conceivable direction, Trump has decided to make a distraction he believes …
There’s a neat story from the folks over at Oil Price about how the Saudis have done an about-face on the price of traded oil. For the longest time, they were considered as being among the least “activist” in the commodity cartel OPEC [Organization of Oil Producing and Exporting Countries]. That is, they did not …
Few intellectually honest observers would dispute that Donald Trump’s election was based in no small part on channeling white ethno-nationalist fears. More specifically, the United States is expected to become a non-white majority country mid-century. Estimates vary, but it’s estimated to happen possibly in 2044 at the earliest. Trump’s unapologetically racist tirades and policies against …
Like (I hope) the IPE Zone blog itself, there’s an amusingly droll American Mall video game developed by, of all people, Bloomberg. With consumer spending constituting the lion’s share of economic output in most countries, the fate of the shopping mall format is of considerable political-economic interest. The anchor department store…the food court…the originators of …
When the guy on the left is on the loose in stock markets, you need the guy on the right. Right? Well this is rich: The People’s Republic of China has been fighting the United States and the European Union at the World Trade Organization over still being designated as a “non-market economy,” implying that …
Trudeau’s ploy to save NAFTA consists of going around Trump. If there ever was a misleadingly titled article, consider this one from Bloomberg on Canadian PM Justin Trudeau seeing a “clear path forward” on NAFTA. You see, the path he’s taken is to largely bypass the Americans actually responsible for (re)negotiating trade deals, namely Trump …
Being a disordered personality of the first order, Trump has acted as a cheereleader for both rising stock valuations and trade protectionism despite the latter being anathema to the former in the opinion of most conventional businesspersons. Insofar as American businesses with operations abroad favor a relatively open and predictable environment for international trade, further …
When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing – Former Citibank CEO Charles Prince (2007) At Davos, Barclays CEO Jes Staley expressed something that’s been on my mind as of late: the world …
A suitably Lilliputian currency c/o the Munchkin [sic] man. OK, OK so it’s Steven Mnuchin, not Steven Munchkin. However, this unfortunate naming semblance is rather appropriate for a United States rapidly receding in influence in the international political economy. Since the time of Robert Rubin as Treasury secretary–when Bill Clinton was president–it’s been customary for …
A suitably Lilliputian currency c/o the Munchkin [sic] man. OK, OK so it’s Steven Mnuchin, not Steven Munchkin. However, this unfortunate naming semblance is rather appropriate for a United States rapidly receding in influence in the international political economy. Since the time of Robert Rubin as Treasury secretary–when Bill Clinton was president–it’s been customary for …
