Mia Wong

This economic contraction is like before the actual substantive impact of the tariffs hit. So this is just the beginning of like the rolling economic collapse that all of these tariff tariffs are going to generate. There's been a little bit of movement in the sense that like, okay, so when I last talked about sort of the declines in like shipping tariffs, From China or just shipping in general.

It was mostly like sort of... I don't know what you'd call them. Shipping industry trade press. This has hit like the mainstream press now that, you know, some of these indicators are showing 60% import drops from China. And it looks like China is maybe kind of starting the preliminary things to figure out how...

It was mostly like sort of... I don't know what you'd call them. Shipping industry trade press. This has hit like the mainstream press now that, you know, some of these indicators are showing 60% import drops from China. And it looks like China is maybe kind of starting the preliminary things to figure out how...

It was mostly like sort of... I don't know what you'd call them. Shipping industry trade press. This has hit like the mainstream press now that, you know, some of these indicators are showing 60% import drops from China. And it looks like China is maybe kind of starting the preliminary things to figure out how...

to figure out negotiations and that they've been, the Chinese government has been going behind the scenes and talking to a bunch of like high profile American companies and has been like quietly repealing some of their 125% retaliatory tariffs on the U.S. on like very specific goods. We'll see what happens there. There hasn't been more movement than that.

to figure out negotiations and that they've been, the Chinese government has been going behind the scenes and talking to a bunch of like high profile American companies and has been like quietly repealing some of their 125% retaliatory tariffs on the U.S. on like very specific goods. We'll see what happens there. There hasn't been more movement than that.

to figure out negotiations and that they've been, the Chinese government has been going behind the scenes and talking to a bunch of like high profile American companies and has been like quietly repealing some of their 125% retaliatory tariffs on the U.S. on like very specific goods. We'll see what happens there. There hasn't been more movement than that.

What is also very interesting is that, so, okay, so like obviously like a bunch of like prices are just increasing already in places like Temu and like Xi'an. And Amazon was going to have like a counter that showed how much additional money you were spending because of the tariffs. And they announced they were going to do this.

What is also very interesting is that, so, okay, so like obviously like a bunch of like prices are just increasing already in places like Temu and like Xi'an. And Amazon was going to have like a counter that showed how much additional money you were spending because of the tariffs. And they announced they were going to do this.

What is also very interesting is that, so, okay, so like obviously like a bunch of like prices are just increasing already in places like Temu and like Xi'an. And Amazon was going to have like a counter that showed how much additional money you were spending because of the tariffs. And they announced they were going to do this.

And then President Trump like got on the phone with Jeff Bezos and yelled at him. And then Jeff Bezos said he wasn't going to do it. But this is also an interesting thing because we're actually starting to see cracks between Trump and people like Bezos, the tech people who really have been his closest base of support for this entire project in terms of large-scale sectors of capital.

And then President Trump like got on the phone with Jeff Bezos and yelled at him. And then Jeff Bezos said he wasn't going to do it. But this is also an interesting thing because we're actually starting to see cracks between Trump and people like Bezos, the tech people who really have been his closest base of support for this entire project in terms of large-scale sectors of capital.

And then President Trump like got on the phone with Jeff Bezos and yelled at him. And then Jeff Bezos said he wasn't going to do it. But this is also an interesting thing because we're actually starting to see cracks between Trump and people like Bezos, the tech people who really have been his closest base of support for this entire project in terms of large-scale sectors of capital.

It's been these people who have been backing him. And I think as the stuff continues, we're going to continue to see rifts between them and the Trump administration over shit like this because... You know, like, people get really, really... It's something we've talked about a lot in episodes we've done on pricing and inflation is that people get really pissed off when prices go up.

It's been these people who have been backing him. And I think as the stuff continues, we're going to continue to see rifts between them and the Trump administration over shit like this because... You know, like, people get really, really... It's something we've talked about a lot in episodes we've done on pricing and inflation is that people get really pissed off when prices go up.

It's been these people who have been backing him. And I think as the stuff continues, we're going to continue to see rifts between them and the Trump administration over shit like this because... You know, like, people get really, really... It's something we've talked about a lot in episodes we've done on pricing and inflation is that people get really pissed off when prices go up.

And that's a way to, like, you know, this is a problem for these companies because this is a way you lose sort of brand loyalty. And that's, like, how everything goes to shit. And Trump has to... is doing all these deflections to be like, it's not actually the tariffs that are doing this because people are going to be really pissed about this and... Yeah, I don't know.

And that's a way to, like, you know, this is a problem for these companies because this is a way you lose sort of brand loyalty. And that's, like, how everything goes to shit. And Trump has to... is doing all these deflections to be like, it's not actually the tariffs that are doing this because people are going to be really pissed about this and... Yeah, I don't know.

And that's a way to, like, you know, this is a problem for these companies because this is a way you lose sort of brand loyalty. And that's, like, how everything goes to shit. And Trump has to... is doing all these deflections to be like, it's not actually the tariffs that are doing this because people are going to be really pissed about this and... Yeah, I don't know.

Welcome, welcome to quarter one of the recession. This is going to be the best quarter of the economy for a long time.