Kenneth
👤 SpeakerAppearances Over Time
Podcast Appearances
They knew they might have to pay it back and fill it in other ways.
and view it as collateral damage for their strategy.
I also want to say that, you know, there's all this drama over tariffs.
If you had 15% tariffs all over the world, I mean, we economists don't favor that.
There'd be a lot of costs.
I don't think it would be efficient.
It's not the end of the world.
I mean, a lot of the dramatic effects of tariffs come from, we don't know what's going on.
When we had Liberation Day, the problem wasn't that.
tariffs.
The problem was, you know, he had this chart that didn't really make sense.
And people are thinking, oh, my God, you know, he's got his finger on the trigger.
You know, what's he thinking?
But, you know, the tariffs themselves are not the issue.
It's getting some certainty.
And we don't have it now because we don't know what will work.
We don't know what won't work.
We had all these deals, and now suddenly, I mean, the U.K.
had 10%.
Now it's 15%, and they say, what gives?