Risky Business with Nate Silver and Maria Konnikova Tariffs, Tariffs, Tariffs
21 snips
Apr 10, 2025 Nate and Maria delve into the implications of Trump's latest tariffs, unpacking their impact on the market and consumer pricing. They blend light-hearted sports commentary with serious insights on potential recession indicators and the Federal Reserve's challenges. The discussion highlights bipartisan struggles in Congress regarding tariff legislation and the resulting effects on businesses and consumer behavior. Additionally, they emphasize the importance of individual actions in advocating for better trade policies amidst economic uncertainty.
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Florida Upset
- Nate Silver picked Florida in his March Madness bracket out of spite.
- Maria Konnikova was not gracious in defeat, as Florida ultimately won.
Market Crash
- The current market downturn is a significant event, comparable to the 1987 stock market crash.
- It reflects a fundamental change in the US's relationship with the world.
Self-Imposed Crash
- This market crash is unique because it's self-imposed, caused by Trump's tariff decisions.
- This contrasts with previous crashes triggered by external global events.
