Wall Street Journal (February 1)
“President Trump will fire his first tariff salvo on Saturday against those notorious American adversaries . . . Mexico and Canada. They’ll get hit with a 25% border tax, while China, a real adversary, will endure 10%.” Should the president Trump persist, this will become “the dumbest trade war in history” for he would be imposing “25% tariffs on Canada and Mexico for no good reason.”
Tags: 10%, 25%, Adversaries, Border tax, Canada, China, Dumbest, Mexico, Notorious, Reason, Tariff, Trade war, Trump
Bloomberg (August 11)
“Japanese equities shed $1.1 trillion in value as they kicked off August with a record three-day loss.” Having some of the froth knocked off, however, is providing bullish investors with “a fresh reason to buy what has been one of 2024’s hottest trades.”
Tags: $1.1 trillion, 2024, August, Bullish, Buy, Equities, Froth, Investors, Japan, Loss, Reason, Record, Shed, Value
Bloomberg (December 2)
“If Sam Bankman-Fried isn’t lying, crypto is in trouble.” If “systematic incompetence” was the reason behind FTX’s implosion, “it’s perhaps more damaging to the industry’s ambitions than if its problems were caused by premeditating Madoff-like criminals who could be brought to justice.”
Tags: Ambitions, Criminals, Crypto, Damaging, FTX, Implosion, Incompetence, Lying, Madoff, Premeditating, Reason, SBF, Trouble
The New Yorker (February 14)
“Trump’s defense was an insult to the impeachment proceedings and an assault on reason…. Donald Trump’s second impeachment trial was an artifact of his Presidency. It was a battle of meaning against noise, against nothing-means-anything-and-everything-is-the-same nihilism—and nihilism won.”
Tags: Assault, Defense, Impeachment, Insult, Meaning, Nihilism, Noise, Proceedings, Reason, Trump
American Banker (November 5)
“The closing of three banks in the span of a week should be viewed as a reason to exercise caution — though it is too early to expect a run of failures. Regulators shuttered City National Bank of New Jersey, Louisa Community Bank and Resolute Bank between Oct. 25 and Nov. 1. It had been four years since two banks failed on the same day.”
The Independent (June 19)
“In the Tory leadership debate, the rare glimmers of truth were even more painful than the lies. It was an ingenious new method of national torture. Five would be prime ministers, appealing to reason, but knowing that in the end, only the psychopaths will decide.”
Tags: Debate, Ingenious, Leadership, Lies, Painful, Prime minister, Psychopaths, Reason, Torture, Tory, Truth