No. 26 of 108
July 9, 2025
Three agreements, and one more inching forward. 197 or so to go on the tariff front before the self-imposed August deadline with a poison pill – if not enacted, draconian tariffs turn on... unless delayed, once again. China warn Asian countries they have economic relationships with that there will be “dire consequences” if those countries cut deals with the U.S. that limit or tax transshipments (from China to X country to U.S.). Wall Street jumpy. Dollar further deflates. Bond market weakens. Retailers advertising sharply discounted prices on overstocks to entice consumers amid sinking consumer confidence. Economists warn of tariff-induced inflation as consumers buy less for more. The President demands at least a three-point decrease in interest rates, which he has no control over, which if enacted would boost construction, borrowing, and inflation. In other parts of the news, the count is now 119 lost and 117 missing in the Guadalupe River flood in Central Texas, and 3 lost in flash floods in New Mexico. There are three more large wildfires in North America today, with a total of thirty-two being suppressed and eighty-one being managed. (Generally, a large wildfire is one that is burning 1000 acres or more in the western U.S., or 500 acres or more in the eastern U.S.)
All lives are naturally intertwined, and immensely complicated by humanly constructed intertwining. Interlaced global economies mean that there is almost no place in the entire world that isn’t impacted by the desires of rulers to control flow and wealth and production at scale, unless it is/they are interdependently resourced in hyperlocal ways with minimal, practical interaction with larger systems. These are scoffed as crude, old-fashioned, self-limiting ways. Time to not be so high mucky muck, and just get to work! Complex hyperlocal needs to be a thriving buttress in a timeplace of collapse. Also, we cannot afford to not have an informed view of the interlaced global economies just because we disapprove of them. Just saying.
No. 26 of 108