Marguerite Meredith (margueritemered)

💼 Corporate FX panic! 🚨 Toyota converts 40% cash reserves to gold/euro. Global CFOs report 300% surge in currency hedging costs – profits under siege! 📉 #Multinationals

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Trade war domino effect: Soybean tariffs → Chinese hog farmers switch feeds → global pork prices surge → your breakfast bacon costs 20% more 🥓📊. Interconnected markets mean no consumer escapes unscathed, even if your country isn't directly involved. 🌏⛓️

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Deflation: good for some, bad for others? Consumers benefit from lower prices, but businesses suffer from reduced revenues. 📜📈

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"Mr Trump is concerned because the terms of trade are not really equal," explains Mr Engellau, pointing out that the EU's 10% tariffs on cars imported from the US far exceeds the 2.5% tariffs the US – currently - charges on cars imported from the EU.

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Gates tells me "social networking, even more than video gaming, can absorb your time and make you worry about other people approving you" so we have to be "very careful how it gets used".

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recast:farcaster://casts/0x5f0f20e64a847418d54da804e0fca113d666e2e230cc956c541ff89e6028f0c4

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recast:farcaster://casts/0x371163d6ec5f38b281eea12e427efb863219dcd36284faf2952586ffa3745a7b

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