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Simple math for the simple-minded.

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Why does this financial crisis feel different? During the tech bubble, the subprime crash, and COVID, we were heading toward an iceberg, but the captain did everything possible to steer away. This time, it feels like the captain is going out of his way to find the iceberg and aim straight for it.

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Percentages are hard for them, so here’s some simple math.

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JP Serra 🇨🇦 @jpontherun.bsky.social · 08/04/2025

We’re witnessing the largest game of chicken ever played …and the crash will shatter the world economy.

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Real-world example of how the U.S. is losing business because of tariffs: Roughly half of the Lindt chocolates sold in Canada comes from U.S. facilities. Now, that supply chain is shifting to Europe so that Canadian products aren’t subject to tariffs. Short-term policy, long-term consequences.

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JP Serra 🇨🇦 @jpontherun.bsky.social · 08/04/2025

Parents always regret throwing out wild threats like, “That’s it! Christmas is canceled!”, 'cause they know they’ll never be able to follow through. But Trump? Trump’s the one who actually cancels Christmas. Takes down the tree and returns the gifts. No plan. Just impulsivity. So embarrassing.

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Reposted by JP Serra 🇨🇦

The Tennessee Holler @thetnholler.bsky.social · 05/04/2025

🔥 OBAMA: “IMAGINE IF I HAD DONE ANY OF THIS… I say this not on a partisan basis. This has to do with something more precious — who are we as a country, and what values do we stand for?” 🇺🇸

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JP Serra 🇨🇦 @jpontherun.bsky.social · 04/04/2025

After crashing the market, Trump is now bullying the Fed Chairman to cut interest rates… using fake data. Every day, he finds a new way to outdo himself.

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When the QAnon cuckoos wouldn’t shut up about the Great Reset, I didn’t know it meant resetting the Dow Jones to zero.

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Once upon a time, a couple on an orchard traded with a family on a peach farm. Every day, the couple paid $2 for 2 peaches. The family paid $4 for 4 apples. One day, the family whined, “Unfair! We pay you $4, and you only pay us $2!” So they slapped a 100% tariff on apples. Now they pay $8.

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"Your people have been skating by for years. No more!"

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According to a viral post by James Surowiecki, the Trump administration would have come up with the supposed tariffs other countries are “charging” the U.S. by dividing the trade deficit by each country’s exports. I ran some of the numbers myself. Check this out! It can't be a coincidence!

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When even the GOP senators think it's too much, it means it's full-blown ridiculous! Senate votes 51–48 to kill Trump’s Canada tariffs. Four GOP senators break ranks: McConnell, Paul, Collins, Murkowski. A rare bipartisan rebuke tied to Trump's "national emergency" on trade. House fight up next.

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As a Canadian, I know Trump has lied about us. So when I see charts like this, I assume it’s also bullcrap. The setup? Invent fake numbers, slap tariffs on everyone, then later claim they "backed down" thanks to his so-called tough stance. Oh, and btw, Heard and McDonald Islands are uninhabited.

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About the steel, aluminum, and auto tariffs. “The series of measures will directly affect millions of Canadians. We’re gonna fight these tariffs with countermeasures, we are going to protect our workers, and we are going to build the strongest economy.”

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Trump just massively escalated his trade war. Here’s what he announced | CNN Business

Trump just declared a national economic emergency and slapped 10%+ tariffs on all countries (up to 49% on Cambodia). Somehow, only Canada & Mexico USMCA goods are exempt. He calls it “economic independence.” I call it "recession starter pack". Starting April 5 at every store near you.

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President Donald Trump is stepping up his massive global trade war, a move that’s certain to weigh on Americans’ wallets and could push the US economy into a painful recession.

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Happy Liberation Day! This simulation from the New York Times models just 10% tariffs over 3 years. The U.S. pulls off some impressive economic self-harm, landing as the second-biggest loser.

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