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4 points| TaurenHunter | 11 months ago

discuss

order

taylodl|11 months ago

It should be noted that Daniel Lacalle is a known contrarian and polarizing economist who has made a career of not aligning with the consensus view of economists. His work may be entertaining and offer interesting insights, but I wouldn't take it as gospel truth.

hayst4ck|11 months ago

Date: March 31, 2025.

This was written before they were announced.

It is very likely that the alleged impact of tariffs will be quickly forgotten as negotiations conclude and trade imbalances are resolved - Daniel Lacalle

That's enough to not care about this guy or give him any attention at all. Attention legitimizes. Even my comment contributes to legitimization.

Flag, remember who posted it and understand that they are very poorly informed, and move on.

simmerup|11 months ago

> The world needs to continue trading with the United States, the richest and largest economy, so it is very likely that the alleged impact of tariffs will be quickly forgotten as negotiations conclude and trade imbalances are resolved.

Is the man basically saying that tarrifs won't matter because they're temporary?

jjgreen|11 months ago

I remain to be convinced: a trillion here, a trillion there, soon you're talking about real money.

techpineapple|11 months ago

Penned before liberation day. The devil is in the details.

simmerup|11 months ago

Good spot. Who the hell expected a blanket rate tarrif?? No one would find that sensible. Why tax cocoa imports as much as a phone?