Caleb @cs_packerman
Joined September 2016-
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Following363
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On April 17th the U.S. Trade Representative's office is expected to impose fees of up to $1.5M per port call for ships made in China and for $500k to $1M if the ocean carrier owns a single ship made in China or even has one on order from a Chinese shipyard. 🧵 1/
For those who want to follow along on what businesses will be doing and how that looks throughout an economy, in the last 48 hours we: - Decided not to ship our current inventory that's in production. Our factory will hold it >> This hurts freight companies - I've cancelled a…
Another 50% tariff on this order would add $90k in tariffs on it, bringing the new total to $191,000 in tariffs Which pretty much means it’d be worth abandoning this shipment and shutting down the physical product side of our business. And for anyone who cares, we are the…
Another 50% tariff on this order would add $90k in tariffs on it, bringing the new total to $191,000 in tariffs Which pretty much means it’d be worth abandoning this shipment and shutting down the physical product side of our business. And for anyone who cares, we are the…
Duty free "de minimis" shipping is being eliminated from ALL countries as soon as the systems are ready. 🧵
Just brilliant. Because Indonesia has a high tax on coffee imports, Trump's going to put a 32% tax on coffee imports from Indonesia - even though the US exports no coffee to Indonesia (or most anywhere else). He literally does not understand the concept of comparative advantage.
American war planning usually takes place in highly secure facilities. But the Trump administration planned its strikes on the Houthis using a group chat—and accidentally included The Atlantic’s editor in chief, @JeffreyGoldberg. theatlantic.com/politics/archi…
LAST DAY TO GET THEM TO THE PRO BOWL! 1 RT = 2 VOTES! #ProBowlVote + #JordanLove #ProBowlVote + #JoshJacobs #ProBowlVote + #TuckerKraft #ProBowlVote + #ChristianWatson #ProBowlVote + #RomeoDoubs #ProBowlVote + #SeanRhyan #ProBowlVote + #JaydenReed #ProBowlVote +…
I keep seeing the chart float around of 23 million government employees, as though that's directly cuttable by the new Department of Government Efficiency. Keep in mind that 3 million of those are listed as federal and the other 20+ million are state/local. A thread. 🧵
KASHKARI: IF US DEBT CONTINUES TO CLIMB, NEUTRAL RATE WILL CLIMB
A million seconds ago was May 8th A billion seconds ago was 1993 A trillion seconds ago was 30,000 B.C. The US national debt is now rising by $1 Trillion every 100 days
fiscal dominates bonds like an endless river nothing stops this train
Pardon me for the long post, but something has been on my mind lately... Last year, @JackFarley96 interviewed former Fed official Robert Kaplan. One thing from the conversation really stuck with me, and I think it's important to share it here. In the interview, Kaplan said:…
Totality: An HDR composite image of yesterday's eclipse. This photo used 5 cameras to capture thousands of photos during a 4 minute period. My goal was to capture the magic of the visual experience, and I hope this photo evokes similar emotions I experienced while watching it.
This is like someone who makes $100K per year, is already carrying $5 million in debt, and is adding another $140K of debt every 3 months. Mental.
This is like someone who makes $100K per year, is already carrying $5 million in debt, and is adding another $140K of debt every 3 months. Mental.
Super Bowl bound within the next three years.
Super Bowl bound within the next three years.
Jordan Love got HOT at the right time 🔥
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