Boris Johnson's government is preparing for the "collapse" of entire industries.
Author - SK Ashby
Trump Declares War on Low-Income Immigrants
The new rules were reportedly pushed by Stephen Miller.
Bolton Encourages Brexit, Promises Trade Snake Oil
Bolton also passed along the message that Europe is "worse than China."
Great Again
The Fed says farm income declined again, Walmart removes game ads, and economists say Trump brings a recession closer. Plus music.
“If we do, that’s fine. If we don’t, that’s fine.”
Nothing matters, Trump says.
Even Before Brexit, The British Economy is Near Recession
The British economy shrank for the first time since 2012, declining by 0.2 percent in the second quarter.
Economic Growth to Be Revised Downward
Business inventories did not increase as much as the Commerce Department assumed.
Trump Escalates His Trade War
American companies will not be exempt from a ban on sales to Huawei, at least not yet.
The Trade War
Johnson will delay a new election, investors scratch their head at Trump, and Tyson says immigration raids increase need for robots.
Are We Great Yet?
"It's definitely a ghost town. It is so empty"
American Exports to China Are Collapsing
Meanwhile, Chinese shipments to the rest of the world increased.
“Companies don’t plan by tweet”
Companies don't know which goods will be taxed because there's no final list.
GOP News
OMB will formally ban Huawei, China's rare earth industry supports retaliation, and Goldman sees more Fed action coming.
America, Fuck Yeah!
Mass shootings are now common enough to report them as a risk to shareholders.
“There will be some shortages”
Britain largest food lobby says food shortages are coming just in time for Christmas.
Trump’s Tariffs to Increase Cost of Electronics $1 Billion Per Month
The added cost would come on top of what the industry is already paying.
Firefighter
North Korean hackers fund their weapons, a third bailout is coming, and a GM plant "saved" by Trump will probably stay closed.
The “Best People” or No People?
White House sources say Trump has become convinced of his own genius on trade.
Trump’s Tariffs Could Trigger a Second, Bigger Retail Apocalypse
Up to 12,000 stores could close in 2020 if Trump's trade war continues.
“I see no signs”
Everything is fine, says Trump's top economic adviser Mr. Magoo.