Wow. This magazine looks awesome.
Cnote5
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Cnote5@lemmy.worldto
politics @lemmy.world•Americans Bear Almost All the Cost of Trump Tariffs, Study Shows
42·3 months ago“…only about 4% of the tariff burden is shouldered by foreign firms, with a “near-complete” pass-through of 96% to US buyers…”
Cnote5@lemmy.worldto
News@lemmy.world•How Wall Street Turned Its Back on Climate Change | Six years after the financial industry pledged to use trillions to fight climate change and reshape finance, its efforts have largely collapsed.
4·3 months agoText from article.
"In January 2020, Larry Fink, the chief executive of BlackRock, the largest asset manager in the world, stunned the business world by declaring that he intended to use the trillions of dollars managed by his firm to address global warming.
“Every government, company, and shareholder must confront climate change,” Mr. Fink wrote, calling for “a fundamental reshaping of finance.”
A few days later, Mr. Fink arrived in Davos, Switzerland, for the World Economic Forum’s annual gathering, donning a scarf featuring a design of the “warming stripes,” a pattern that depicts 150 years of rising global temperatures.
Mr. Fink’s impassioned call to address climate change was the unofficial start of a movement. Nearly every major financial institution was soon pledging to reduce emissions, joining high-minded alliances designed to phase out fossil fuels and promising to support clean energy. Environmental, social and governance factors, known as E.S.G., became a defining feature of Wall Street investing.
But six years later, many of those Wall Street institutions have walked back or abandoned their commitments." …
Cnote5@lemmy.worldto
News@lemmy.world•JP Morgan boss says Trump attacks on Federal Reserve could push up inflation
2·3 months agoWhat if that is exactly what he wants?
https://washingtonspectator.org/peter-thiel-and-the-american-apocalypse/
Cnote5@lemmy.worldto
News@lemmy.world•Trump wants to cap credit card interest rates at 10%. Would that work?
2·3 months agoMight it be akin to the Nixon Shock? https://en.wikipedia.org/wiki/Nixon_shock






Her youtube channel is really really good. Airtight research and brilliant analysis.