Wall street and coastal regions are doing good due to globalization. Midwest USA and south are not doing good as they are more industrial based. This is why most Americans have voted for trump. This is especially evident in urban-rural divide. More urban US is more democratic the population tend to vote. Lot of reason. but foremost is jobs, inflation. Other factors include concentration of minorities who tend to favor democratic party. So Trump has to satisfy the vote bank. Otherwise tariff is a bad thing
@@kippakeppa1731He was awarded the Nobel Prize in economics. (Or more correctly it is a prize awarded by the Swedish central bank to the memory of Nobel… but for the ease of it, most just say it’s also a Nobel Prize). So he’s both an economist and a Nobel Prize winner. And if you’re into economics (other than perhaps just your own private one) you must have at least heard his name. If you haven’t, and actually bothers about macroeconomics and your and your nations economical future, I would suggest finding out more about his proven theories and other smart conclusions he has presented and still presents.
The irony is how dependent Keynesians are on growth by increasing population and not by prudent ideologies. Credit, taxation, and inflation. Three corridors that threaten the wealth of the nation. All of which depend upon unsustained growth. Look at debt to GDP. Tarrifs hopefully alleviate some of the debt burden by increasing tax revenues. However, the working class is squeezed. Because their version of growth is dependent on outside forces and not sound fundamentals there in lies the problem with capitalism. The pyramid is divided and the pyramid depends on the bottom. If the bottom of a pyramid crumbles what then? To those at the top. The cannibalism of markets is as interesting as the hypocrisy. Where is the solvency of a nation. The US debt is proof of degenerate risk taking. If most of that leverage is faced with increasing interest burden 😅
With “strong dollars” relative to exports but weak domestically when one simply looks at the real costs of goods and services. Funny to see the DOJ upset about algorithmic collusion on rent increases. Meanwhile most of my generation cannot afford a home. Because the pyramiding and printing of wealth to keep their tax bubbles from popping on them.
u wounder why?u all voted for him and he isnt new for you all. here we saying usa voted the money wallet. easyer thinker telling me, he only make alot dust before 20th to bring markets down and after the 20th he come back to normal and telling us because he is now on start market is going up. he produce alot chaos, his behavior is ....not cool.
So true, but true for any intelligent person who wants to do good for society rather than for himself, his party, or his base. Human beings have not been able to take politics beyond pursuing self interest that benefits only a subgroup of the community. We only want the government to give us goodies and make someone else pick up the tab. Upsides are ours, costs/liabilities go to anyone but us.
“Economist”
He stated the internet was a “ fad”
he's a "Distinguished Professor of Economics'" so yes economist. What's your title/degree?
My title: Not Gay like you 👍
@@goramboEuropa has a PhD on Never Wrong. He is perfect. Anyone makes a mistake, even a forecast, is a failure and cannot be trusted.
@@europa 🤣🤣🤣🤣🤣 someones feeling were hurt, snowflake and he melts without a fight.
@@europa 🤣
“when goods don't cross borders, soldiers will” Bastiat
Wall street and coastal regions are doing good due to globalization. Midwest USA and south are not doing good as they are more industrial based. This is why most Americans have voted for trump. This is especially evident in urban-rural divide. More urban US is more democratic the population tend to vote. Lot of reason. but foremost is jobs, inflation. Other factors include concentration of minorities who tend to favor democratic party. So Trump has to satisfy the vote bank. Otherwise tariff is a bad thing
Oh yes the economist I have never heard about, great!
You mean the Nobel prize winner?
Hahahahaha
@@JoelSalazarM No, the title says "economist".
@@kippakeppa1731He was awarded the Nobel Prize in economics. (Or more correctly it is a prize awarded by the Swedish central bank to the memory of Nobel… but for the ease of it, most just say it’s also a Nobel Prize). So he’s both an economist and a Nobel Prize winner. And if you’re into economics (other than perhaps just your own private one) you must have at least heard his name. If you haven’t, and actually bothers about macroeconomics and your and your nations economical future, I would suggest finding out more about his proven theories and other smart conclusions he has presented and still presents.
lmao that's kinda on you though, go read some of his books / articles, or just read his wikipedia page or smth.
"Everything is coming up roses." Okay, stopped there you capitalist huckster.
Oringe Jeezus is insane.
Orangedaddy owns a piece of your reptilian brain
The irony is how dependent Keynesians are on growth by increasing population and not by prudent ideologies.
Credit, taxation, and inflation. Three corridors that threaten the wealth of the nation. All of which depend upon unsustained growth. Look at debt to GDP. Tarrifs hopefully alleviate some of the debt burden by increasing tax revenues. However, the working class is squeezed. Because their version of growth is dependent on outside forces and not sound fundamentals there in lies the problem with capitalism. The pyramid is divided and the pyramid depends on the bottom. If the bottom of a pyramid crumbles what then? To those at the top. The cannibalism of markets is as interesting as the hypocrisy. Where is the solvency of a nation. The US debt is proof of degenerate risk taking. If most of that leverage is faced with increasing interest burden 😅
With “strong dollars” relative to exports but weak domestically when one simply looks at the real costs of goods and services. Funny to see the DOJ upset about algorithmic collusion on rent increases. Meanwhile most of my generation cannot afford a home. Because the pyramiding and printing of wealth to keep their tax bubbles from popping on them.
monopsony ;)never say u learned all :)
thanks mr krugman, was nice to watching you.
Elon Musk just wants more handouts because his junk is low quality Hype and mo hype🎉 Bankruptcy awaits
u wounder why?u all voted for him and he isnt new for you all. here we saying usa voted the money wallet. easyer thinker telling me, he only make alot dust before 20th to bring markets down and after the 20th he come back to normal and telling us because he is now on start market is going up. he produce alot chaos, his behavior is ....not cool.
He is not fit for politics
So true, but true for any intelligent person who wants to do good for society rather than for himself, his party, or his base. Human beings have not been able to take politics beyond pursuing self interest that benefits only a subgroup of the community. We only want the government to give us goodies and make someone else pick up the tab. Upsides are ours, costs/liabilities go to anyone but us.
Trump dump