G Elliott Morris @gelliottmorris.com · May 5 The latest YouGov/Economist poll is picking up a record high in anxiety about the economy for both of Trump's terms, and nearing the high of the 2022-23 inflation panic yougovamerica.substack.com/p/more-ameri...
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I'm sorry, but is that brief drop in anxiety at the end of 2024 the period between 'Trump Elected' and 'The Reality of Trump in Office'? Are we actually that stupid?
related: bsky.app/profile/davi...
By what measure does "an economy" get "better" or "worse"? By how much it extracts from the Global South? By how equitably its benefits are distributed? By how much the petrodollar has swelled the coffers?
To quote Bachman Turner Overdrive, "B-b-b-baby, you just ain't seen nothing yet".Destructive demand from Hormuz's closure has been delayed by reserves, and tankers are yet arriving from pre-war passage. The pain may arrive at $150/bbl which'll jack up prices considerably. www.ft.com/content/8ebe...