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Tariffs Chaos Shrinks US Economy - And This Is Just The Start

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Manage episode 479971614 series 3085725
Content provided by Mallen Baker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mallen Baker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

The news arrived today that the US economy has dramatically cratered - shrinking in the first quarter of the year, whereas it had been strongly growing before. It is fairly clear with the breakdown that this is due to the short-term impact of tariffs, and that it's just the first sign of the scale of the disruption being caused, which will turn into yet more problems down the line. And yet President Trump says tariffs are wonderful and blames Joe Biden for the crash, even though his own advisors say otherwise. What's going on? Let's discuss.

  continue reading

284 episodes

Artwork
iconShare
 
Manage episode 479971614 series 3085725
Content provided by Mallen Baker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mallen Baker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

The news arrived today that the US economy has dramatically cratered - shrinking in the first quarter of the year, whereas it had been strongly growing before. It is fairly clear with the breakdown that this is due to the short-term impact of tariffs, and that it's just the first sign of the scale of the disruption being caused, which will turn into yet more problems down the line. And yet President Trump says tariffs are wonderful and blames Joe Biden for the crash, even though his own advisors say otherwise. What's going on? Let's discuss.

  continue reading

284 episodes

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