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Discussing Trump's Economic Masterplan with David Marr, on ABC Late Night Live

> #Economist #YanisVaroufakis says we shouldn’t underestimate Trump – he has a plan to shock the global economy, force foreign countries to buy crypto-currency in return for a deal on tariffs, and ultimately pay down debt and keep the US dollar at the centre of the global financial system. But it’s a high risk strategy that also paves the way for the “tech bros” to make (lots) of money yanisvaroufakis.eu/2025/04/16/

Yanis Varoufakis · Discussing Trump's Economic Masterplan with David Marr, on ABC Late Night Live - Yanis VaroufakisEconomist Yanis Varoufakis says we shouldn’t underestimate Trump – he has a plan to shock the global economy, force foreign countries to buy crypto-currency in return for a deal on tariffs, and ultimately pay down debt and keep the US dollar at the centre of the global financial system. But it’s a high risk strategy […]

“Which system is gonna be hurt the most when you jab a fork into a light socket? I don't really know," says Michael Madowitz, principal #economist at the Roosevelt Institute. "That's why we don't force forks into light sockets, traditionally."

axios.com/2025/04/07/inflation

Illustration of a price tag with swear symbols instead of a price.
Axios · Inflation could hit different this timeAv Emily Peck

#RachelMaddow brings another mental backstory on the #Trump #tariffs🤯 :

Peter #Navarro, a quack #economist recruited by #JaredKushner as Trump's trade advisor, the suspect author of the insane tariff #formula, turns out to have created a fictional expert called #RonVara, an anagram of his name, to cite in his books & memos as a trusted source and justify the policy of so-called #reciprocal tariffs. Even made up an email address for him.

youtube.com/watch?v=MJbZCbBLqkk

#ArkadyOstrovsky on #Putin’s #War Strategy: What Does #Victory Mean?

Arkady #Ostrovsky, #Russia and Eastern #Europe Editor at The #Economist, unpacks the true purpose behind Putin’s war in Ukraine. Despite immense human and economic losses, Putin is playing a long game—using negotiations as a tool to outlast Western support and achieve a so-called “#DefinitiveResolution.” His ambition? To neutralize #Ukraine, rewrite the post-1945 order, and restore Russia’s #superpower status.

#Russia #UkraineWar #Putin #Geopolitics #TheEconomist #Sanctions #Trump #NATO #ForeignPolicy