Peter S. Goodman
@petersgoodman
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@nytimes global econ corr. Author of HOW THE WORLD RAN OUT OF EVERYTHING, and DAVOS MAN: How the Billionaires Devoured the World.
New York
Joined April 2010
@Gladwell Plus one. And this is the week that the sheer insanity of ESPN cutting loose @ZachLowe_NBA was especially consequential. Even with his 17 minute special
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Important story. And note how developers are exacerbating the risks: by casting themselves as solution to the unaffordable housing crisis
🚨MUST READ: In America’s driest region, developers are teaming with dark money groups to try to kill rules limiting development in areas with little access to water. They want to profit off building & selling homes that have almost no access to water.
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RT @FairweatherPhD: Trump’s policies are driving 10-year yields—and mortgage rates—higher. While the Fed cut short-term rates by 1 percenta…
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An important point often lost in the tariff conversation
A quick explainer on how tariffs affect exchange rates: When the US imposes tariffs on imports, it triggers a chain reaction in currency markets. Here's the mechanism: [1/N]
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RT @davidsirota: 🚨NEWS: AG Pam Bondi just issued an order limiting enforcement of anti-corruption laws regulating foreign government lobbyi…
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Pour one out for the pundits who went on about the mystery of Trump going soft on China compared to Canada and Mexico noting how obvious this all was given campaign
A little lost in the (temporary?) shelving of Canada/Mexico tariffs is the fact that the China ones are about 2X everything Trump did in his first term--which was considered quite dramatic at the time (although that was probably overstated). Could be for better or for worse.
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RT @peterbakernyt: Total USAID annual spending to provide food, medicine, shelter and other services to impoverished countries around the w…
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RT @davidsirota: 🚨BREAKING: Musk is trying to shut down USAID as the agency was investigating its oversight of a public-private partnership…
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RT @Atul_Gawande: Musk's claim that just 10% of US aid reaches recipients is absurd. @cgdev lays out the facts: - US gov costs are just 10%…
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RT @sdonnan: An important new paper from Autor, Dorn, Hanson & others on the China Shock. It's good news for places and their ability to re…
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If the Trump administration ran Dallas Mavs, they’d now put out a statement that Luka has promised to forswear beer so never mind, trade off, sending season ticket sales higher
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RT @sdonnan: A reminder on this tariff day that the last time around tariffs caused a slowdown in the US economy…
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My night on social media: scroll flabbergasted tweets about tariffs with references to Smoot-Hawley and Depression. As respite, hit NBA tab: prime Luka getting traded for less than Nets got for Mikal Bridges. Nothing makes any sense anymore
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RT @ianbremmer: suddenly relevant stat: the united states imports about 4m barrels a day of oil from canada
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This is the sort of post-scoop sniff that exists only in sports reporting: “in the air” like “I knew it” yet somehow didn’t bother to report it. Pure bluster
Luka lakers thing has been in the air for a year now. This ain’t out of nowhere.
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