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Cake day: June 16th, 2023

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  • joekar1990@lemmy.worldtoPeople Twitter@sh.itjust.works“Thank you Kremlin!”
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    2 months ago

    He’s trying to take credit for:

    1. Israel and Iran
    2. Cambodia and Thailand
    3. India and Pakistan
    4. Rwanda and Democratic Republic of Congo
    5. Armenia and Azerbaijan
    6. Egypt and Ethiopia
    7. Serbia and Kosovo
    8. Israel and Hamas

    While some did have diplomatic breakthroughs some of the fighting hasn’t stopped and some countries said he had nothing to do with it. Granted he will never say anything about the ones that are still fighting.







  • Most economists I was reading when trump put the tariffs on in April said those would happen as it worked through the supply chain most likely by Q4. He just started and paused it near the start of a month so there lagging data shows favorable. The larger companies had the cash flow to front load incoming inventory and the smaller companies got hit hard. Now that companies have burned through initial stock and tariffs are being figured for a 10-20% baseline instead of being removed completely prices will go up. No company is going to eat that much in additional cost and now that things are set companies will plan accordingly. Aug should see a rise in inflation since tariffs kicked in Aug 4 and you’ve already seen companies say prices will rise because of tariffs.