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The Global Trade Game: Jokers Are Wild

The Global Trade Game: Jokers Are Wild Authored by Charles Hugh Smith via OfTwoMinds blog,There may be no winners of the game of Global Domination (tm), and that is likely the best outcome.Okay, players: jokers are wild, but with a twist: the entire deck is jokers. Since everyone at the table will have five Aces, nobody wins.Welcome to the Trade War Poker Table: nobody wins, as everyone has the same hand of jokers.This is not to say that exploitive, mercantilist "free trade" (no such

Will Hoarders Spark Run On Imported Goods? These Are The Most-Exposed US Retailers

Will Hoarders Spark Run On Imported Goods? These Are The Most-Exposed US Retailers Ahead of President Trump's "Liberation Day" tariff rollout on Wednesday afternoon—particularly the 25% tariff on vehicles and auto parts imported into the U.S.—reports surfaced last week of consumers rushing to dealerships to purchase vehicles already on the lot, as those would be exempt from the new levies. We suspect that if consumers are willing to flock to auto dealerships, they're probably just as

Tucker Carlson Horrified As Dr. Mary Talley Bowden Drops Chilling COVID Statistic

Tucker Carlson Horrified As Dr. Mary Talley Bowden Drops Chilling COVID Statistic Via VigiliantFox.com,Dr. Mary Talley Bowden left Tucker Carlson visibly shaken after dropping a chilling COVID vaccine statistic that’s impacting millions of children right now.Before her appearance on Carlson’s show, Dr. Bowden, a Texas-based ENT specialist, rose to prominence in the medical freedom movement by speaking out against vaccine mandates and advocating for early treatment options like ivermec

Health And Human Services Layoffs Begin Leaving Federal Workers Stunned

Health And Human Services Layoffs Begin Leaving Federal Workers Stunned The first stage of cuts to Health and Human Services (HHS) have begun with 10,000 employees slated to be fired in the coming weeks.  Pink slips have been replaced with emails and deactivated key cards as workers line up at HHS offices across the country to find out if they still have a job.  The establishment media is out in force to paint a tragic narrative of "public servants" who only want to do good for less f

Pentagon Watchdog Launches Investigation Into SecDef Hegseth Over Use Of Signal

Pentagon Watchdog Launches Investigation Into SecDef Hegseth Over Use Of Signal Authored by Zachary Stieber via The Epoch Times,The inspector general for the Department of Defense is investigating Defense Secretary Pete Hegseth over his use of the messaging app Signal.Acting Pentagon Inspector General Steven A. Stebbins said in an April 3 memorandum to Hegseth that the probe would cover whether Hegseth and other military personnel complied with Department of Defense policies and proce

Intel, TSMC Tentatively Agree On Chipmaking JV In 'America First' Era 

Intel, TSMC Tentatively Agree On Chipmaking JV In 'America First' Era  Intel shares are up 5% late in the cash session following a report from The Information that sheds light on ongoing talks between Intel and Taiwan Semiconductor Manufacturing Co. (TSMC) to form a joint venture to operate Intel's chipmaking facilities. Under the proposed deal, TSMC would take a 20% stake in the new company and offer manufacturing expertise and personnel training. *INTEL, TSMC TENTATIVELY AGREE TO FO

Matt Taibbi Files $10 Million Libel Suit Against Dem Rep. For Accusing Him Of 'Serial Sexual Harassment'

Matt Taibbi Files $10 Million Libel Suit Against Dem Rep. For Accusing Him Of 'Serial Sexual Harassment' Journalist Matt Taibbi is suing Rep. Sydney Kamlager-Dove for libel, after the California Democrat claimed during her opening remarks in a House Foreign Affairs Subcommittee hearing on Tuesday that he's a "serial sexual harasser.""To distract from the dumpster fire this administration is pursuing," she said, the Republicans were "elevating a serial sexual harrasser as their star wi

Microsoft Scales Back AI Data Center Projects In US, Australia, UK

Microsoft Scales Back AI Data Center Projects In US, Australia, UK TD Cowen analyst Michael Elias has explained to clients through multiple notes over the last month that Microsoft has scaled back on data center projects in the U.S. and Europe. This development is unsurprising, as readers have been aware of the emerging risks posed by the cheaper and more efficient Chinese DeepSeek (as noted on Jan. 27), prompting us to question whether AI data capacity will be achieved sooner than in

Massive International Pedophile Streaming Network Discovered; 2 Million Users Shared Child-Porn Across 35 Countries

Massive International Pedophile Streaming Network Discovered; 2 Million Users Shared Child-Porn Across 35 Countries Authored by Steve Watson via Modernity.news,A massive darknet international pedophile child porn network calling itself “Kidflix” has been discovered and shut down by Europol.Investigators stated that site shockingly had more than 91,000 child porn videos on it, with around three new videos being uploaded to its servers every hour.Users were paying a fee for access to st

'Disloyal' NSC Staffers Fired After Laura Loomer Brings Receipts To The White House

'Disloyal' NSC Staffers Fired After Laura Loomer Brings Receipts To The White House Three staffers on the National Security Council have been fired after journalist Laura Loomer met with President Trump in the Oval Office on Wednesday, where she presented him with a list of 'disloyal' employees, the NY Times reports, thanks to ongoing (and copious) leaks from the administration.Mr. Trump may act on some of Ms. Loomer’s recommendations, two of the people said. Ms. Loomer walked into th

'Luigi Mangione' Copycat Kills Pharmacy Worker In California

'Luigi Mangione' Copycat Kills Pharmacy Worker In California Authored by Luis Cornelio via Headline USA,A copycat of alleged insurance executive assassin Luigi Mangione apparently harbored so much hatred toward large pharmacies that he targeted a Walgreens in California and fatally shot a vulnerable employee, police said. The accused perpetrator, Narciso Gallardo Fernandez, shot and killed Erick Valasquez inside a Walgreens in Madera, California during Velasquez’s shift in what invest

Here Are The Three Goals That Trump Wants To Achieve Through His Global Trade War

Here Are The Three Goals That Trump Wants To Achieve Through His Global Trade War Authored by Andrew Korybko via substack,He hopes to strengthen the US’ supply chain sovereignty, renegotiate its ties with all countries with a view towards getting them to distance themselves from China, and shape the emerging world order.Trump’s decision to tariff the entire world to varying extents as revenge for their tariffs against the US has shaken the global economy to its core. Instead of restor

ISM Services Slumps To 9-Month Lows; Employment Plunges

ISM Services Slumps To 9-Month Lows; Employment Plunges Following the significant decline in US Manufacturing 'soft' survey data (while hard data keeps rising with manufacturing jobs jumping most in years according to ADP), expectations for this morning's Services Sector PMIs are mixed. S&P Global's US Services PMI jumped from 15 month lows at 51.0 to 54.4 in March ISM Services PMI tumbled from 53.5 to 50.8 - its lowest since June 2024 Source: BloombergUnder the hood of ISM was not

VW Among Several European Automakers To Halt Vehicle Shipments, Raise Prices, In Response To Tariffs

VW Among Several European Automakers To Halt Vehicle Shipments, Raise Prices, In Response To Tariffs Here come the price hikes...European automakers are hiking prices and shifting production to the U.S. in response to Trump’s auto tariffs. Volkswagen will add import fees to vehicle prices, while Volvo and Mercedes-Benz are considering expanding U.S. manufacturing to avoid the 25% duties, according to Bloomberg.German brands like BMW, Porsche, and Mercedes are especially exposed, but s

'DOGE Impact': Federal Govt Layoffs Dominate Biggest March Job Losses In 36 Years

'DOGE Impact': Federal Govt Layoffs Dominate Biggest March Job Losses In 36 Years Over the last two months, DOGE actions have been attributed to 280,253 layoff plans of federal workers and contractors impacting 27 agencies, according to Challenger tracking. Another 4,429 job cuts have come from the downstream effect of cutting federal aid or ending contracts, impacting mostly Non-Profits and Health organizations.The Government led all sectors in job cuts in March with 216,215, all of

"This Could Blow Up Apple" iPhone Maker Plummets; Most Impacted By Tariffs Among Mag7s

"This Could Blow Up Apple" iPhone Maker Plummets; Most Impacted By Tariffs Among Mag7s Apple shares are plunging almost 10% in premarket trading, as the iPhone maker is viewed as especially exposed to the Trump administration’s tariff announcements.As Bloomberg economists write in an overnight report (available to pro subs), "the US reciprocal 34% tariff on China and other nations where Apple has manufacturing will likely amplify operating-margin deterioration, given we don’t expect t

"Immense Consequences" - EU Warns Of Countermeasures As World Leaders Respond To US Tariffs

"Immense Consequences" - EU Warns Of Countermeasures As World Leaders Respond To US Tariffs The European Union will unveil countermeasures to U.S. President Donald Trump’s latest tariffs if negotiations with the White House stall, European Commission President Ursula von der Leyen said on April 2, as leaders around the world responded to the new levies.Trump on Wednesday unveiled a 10 percent minimum reciprocal tariff on most goods imported to the United States, while imposing a highe

Maine Gets Final Warning on Males in Female Sports

Maine Gets Final Warning on Males in Female Sports Authored by Naveen Athrappully via The Epoch Times,The U.S. Department of Education issued a final warning to the state of Maine, telling it to agree to protect female sports or suffer cuts in federal funding.The seal of the U.S. Department of Education in Washington on July 16, 2019. Samira Bouaou/The Epoch TimesOn March 19, the federal department’s Office for Civil Rights (OCR) sent a letter notifying the Maine Department of Educati

Reign Of Tariffs Begins: Futures Crash, Dollar Craters

Reign Of Tariffs Begins: Futures Crash, Dollar Craters Well, Trump's "liberation day" is here... and it has liberated countless traders of their net worth and risk assets: the market's reaction to Trump's newly-instituted "much worse than expected" reign of tariffs is nothing short of a bloodbath, with a global selloff hitting stock markets everywhere but especially in the US where conventional wisdom, at least early on, is that the recession will be worst. As of 8:00am ET, S&P future

Zero Dimensional Chess

Zero Dimensional Chess Authored by Peter Tchir via Academy Securities,This administration had delivered on the border as the voters wanted. I wanted to start with something positive.Today, I’m sure we will hear some hot takes about how the administration is playing 5D chess which everyone who doesn’t think tariff approach will work, is simply to simple to see.I think they have just exposed themselves as playing zero dimensional chess.Reciprocal tariffs, to almost anyone I talk to mean