Image is of Trump's initial set of reciprocal tariffs. Source is CNN and Reuters.
It's difficult to keep up with the news around the tariffs; they get instated, then dropped, then reinstated... for example, on Friday, Trump said that certain electronics like smartphones would be exempt, causing markets to rally a great deal, but now the Commerce Secretary has said that they might not be exempt? The state of play right now, if you haven't been keeping up this week, is that the US recently announced a 90-day global pause on implementing the tariffs he had planned (that is, 25% on certain Canadian and Mexican goods, and at least 10% on every other nation) but nonetheless increased tariffs on China to 145%.
Meanwhile, China has been - quite remarkably - standing their ground, increasing tariffs on the US to 125%, and putting restrictions on rare earths. Xi Jinping has been in Vietnam and has made statements against a tariff war there, saying that it would have no winners. Meanwhile, a Chinese spokesperson has essentially said that China can endure the tariff war due to the increasing demand from its domestic market in combination with its growing economic ties with other countries.
Last week's thread is here.
The Imperialism Reading Group is here.
Please check out the RedAtlas!
The bulletins site is here. Currently not used.
The RSS feed is here. Also currently not used.
Israel-Palestine Conflict
Sources on the fighting in Palestine against Israel. In general, CW for footage of battles, explosions, dead people, and so on:
UNRWA reports on Israel's destruction and siege of Gaza and the West Bank.
English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news.
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.
English-language PalestineResist telegram channel.
More telegram channels here for those interested.
Russia-Ukraine Conflict
Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict
Sources:
Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
Simplicius, who publishes on Substack. Like others, his political analysis should be soundly ignored, but his knowledge of weaponry and military strategy is generally quite good.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.
Unedited videos of Russian/Ukrainian press conferences and speeches.
Pro-Russian Telegram Channels:
Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.
https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.
Pro-Ukraine Telegram Channels:
Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.
They made the money go bad again
How long are rich people gonna let trump fuck with their money? They have to be in on the grift, right?
They do not have an "eliminate president" button. The political class was never supposed to get this wiley in the first place. No one anticipated their own imperial managerial decay and built the systems to offset it.
If you have a lot of money, it's ~~very easy~~ OK that was overstated, not easy but it is possible to make money on the market when it's doing badly and to make money on the market when it's doing good. There are ways to bet on the market continuing to decline, although it's riskier than simply buying a stock.
Certain individuals can make money, but the entire capitalist class cannot as a whole. Shorting stocks is a zero sum act, you only make money from it if others are losing a shitload.
Yes, but the more money you have and the better your inside knowledge is, the better your results will be. This means that capital will differ among each other with whether they support or don't support Trump's actions.
Yes, but if they keep this up and ram the market into the ground it’s a race to the bottom. They are cannibalizing their own system for short term gains. They are killing and eating the golden goose
Another thing is that the capital does use elections (among other tools) to exert their influence, and there hasn't been a lot of major ones since Trump was elected.
They're called "call options" and "put options" if you're wondering, BTW.
Trump is backed by a faction of "rich people", it's how he won the presidency in the first place. One could say that the "deep state" turned against Trump during 2020, but after witnessing the state of delusion in the Democrat camp from 2020-2024, an even "deeper state" backed his presidency.
Don’t get me excited
I’ve played these games before