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Podcast: The Bulwark Podcast
Episode: Jonathan V. Last: An Economic Tsunami Is Coming
Description: Because Donald Trump's stupid trade embargo has us reading shipping charts, we now know that 40% of containership traffic between Asia and the U.S. has been canceled. That means a shortage of consumer goods, which will push prices higher. At the same time, the business environment is too unpredictable for companies to plan. Meanwhile, Trump is reorienting the American economy to a corrupt oligarchy—as he rakes in billions in bribes off his crypto. Plus, Hegseth wants to clear out a chunk of the top brass, U.S. attorney nominee Ed Martin forgot to say he's been on Russian-state media ou...