As read by George Hahn. https://www.profgalloway.com/toxic-uncertainty/ Learn more about your ad choices. Visit podcastchoices.com/adchoices
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If you think talking about finances in general is hard, try talking to your parents about money. What you don't want to do is like, do you have any money? What's going on? You don't want to come at them in a more adversarial way. Or as I said, you don't want to come out like you're now the parent.
What to do about the ups and downs of your 401k. If you or someone you care about plans to retire soon. That's on the next Explain It To Me. New episodes every Sunday morning.
Hey, it's Marques from the Waveform Podcast, and I wanted to tell you about a special episode we just released called Your Favorite Creator's Favorite Cameras. This is pretty much the biggest behind-the-scenes video on the internet. We talked to Casey Neistat on why he switched cameras after shooting Canon for so many years.
one of the hosts of the travel game show Jetlag the Game, whose award-winning show is entirely shot on iPhones, and tons of other tech, food, and filmmaking creators. So if you want to see how your favorite creator is filming their videos, be sure to check out Waveform wherever you listen to your podcasts.
I'm Scott Galloway, and this is No Mercy, No Malice. Trump's tariffs are wreaking havoc around the world, but the real damage is here at home. Toxic uncertainty, as read by George Hahn.
Countries have long used tariffs to protect strategic industries or counter unfair trade practices. In some cases, targeted tariffs are justified. In his first term, Donald Trump imposed levies on hundreds of billions of dollars of Chinese goods, tariffs that Joe Biden largely retained.
But blanket tariffs of the scale we are now seeing are what leeches are to medicine, an outdated strategy that doesn't work. With his Liberation Day tariffs, Trump has threatened to blow up the global economic order and spread pain around the world, from China to the Pacific Island nation of Nauru. But when the shitstorm subsides, America will emerge from the wreckage with the most serious wounds.
Erecting a protectionist trade wall around the U.S. is a brilliant idea if your goal is to elegantly reduce American prosperity. The markets ripped higher Wednesday when Trump postponed tariffs on dozens of nations, except China, pulling the knife halfway out of the back of the U.S. economy. Then tumbled again the next day.
Treasury Secretary Scott Besant told reporters, I don't see anything unusual. Investors disagree. They realize these injuries will take years to heal. brand America now stands for toxic uncertainty. Extreme tariffs, if sustained, will immolate decades of economic integration, bringing an end to an era of globalization that's created unprecedented wealth for the U.S.
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