Trump's tariff tirade is tanking economy

Trump threatens 104% China tariffs, Fox News ignores market, Musk-Navarro Spar | The Daily Show

Trump’s tariff tirade continues, Houston fans mad at Ted Cruz and Elon calls Trump advisor a moron

(Jimmy Kimmel Live) April 8, 2025: The Dow, Nasdaq, and S&P are all down again today, Trump announced that his annual physical will be done at Walter Reed on Friday, Elon Musk is calling Trump’s senior trade adviser Peter Navarro a “moron” and gave him a new nickname, Donald weighed in on why Russia was not included in the 86 countries he decided to tax (but Ukraine was), he is planning to hit China with an additional 84% tariff, the bootlickers on Fox and Friends are trying to spin it all as a good thing, The Florida Gators beat the Houston Cougars to win NCAA basketball championship, people are very upset about Ted Cruz being at the game and cursing Houston sports teams, and our Tony Award winning friend David Alan Grier performs a tribute in honor of fallen foods from the Cheesecake Factory menu.

Massive recession coming – McD's gets robots

The first fully automated McDonald’s has opened its doors in Texas, and more such restaurants are sure soon to follow. Some have suggested that the shift to automation is a result of greedy workers demanding higher wages. But the reality is that regardless of industry, as soon as the technology becomes available and cost-effective, companies will gladly replace human employees with soulless machines and AI robots, and that’s precisely what’s now happening at McDonald’s. Jim and Kurt discuss the inevitability of automation under capitalism and toxic efforts to blame workers for expecting to earn a living wage.

The financial wizards at the equity firm BlackRock, the world’s largest asset manager, are warning that a major recession is headed our way, and this time all the powers of the central banking apparatus will not be sufficient to hold it off.

Are we prepared for a major drop in the Dow Jones and the attendant impacts that will redound throughout the economy? Massive recession coming – warns evil firm Jimmy Dore (jimmydore.com) and America’s Comedian Kurt Metzger discuss our collective financial future and the inscrutability of the turgid jargon peppered throughout the financial press.

Kurt Metzger on Twitter: https://twitter.com/kurtmetzger Kurt’s website: http://www.KurtMetzgerComedy.com

Become a Premium Member: https://www.jimmydore.com/premium-membership Go to a Live Show: https://www.jimmydore.com/tour Subscribe to Our Newsletter: https://mailchi.mp/jimmydorecomedy/ytlivestreams LIVESTREAM & LIVE SHOW ANNOUNCEMENTS: Email: https://mailchi.mp/jimmydorecomedy/ytlivestreams Twitter: https://twitter.com/jimmy_dore Facebook: https://www.facebook.com/JimmyDoreShow Instagram: https://www.instagram.com/thejimmydoreshow WATCH / LISTEN FREE: Videos: https://www.jimmydore.com Podcasts: https://www.jimmydore.com (Also available on iTunes, Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast player.) ACCESS TO FULL REPLAYABLE LIVESTREAMS: Become a Premium Member: https://www.jimmydore.com/premium-membership SUPPORT THE JIMMY DORE SHOW: Make a Donation: https://www.jimmydore.com/ Buy Official Merch (Tees, Sweatshirts, Hats, Bags): https://the-jimmy-dore-show.creator-spring.com/? DOWNLOAD OUR MOBILE APP: App Store: https://apps.apple.com/us/app/jimmy-dore/id839294547 Google Play: https://play.google.com/store/apps/details?id=com.jimmydore.jimmydore Jimmy Dore on Twitter: https://twitter.com/Jimmy_Dore Stef Zamorano on Twitter: https://twitter.com/miserablelib About The Jimmy Dore Show: #TheJimmyDoreShow is a hilarious and irreverent take on news, politics and culture featuring Jimmy Dore, a professional stand up comedian, author and podcaster. The show is also broadcast on Pacifica Radio Network stations throughout the country.

Economic recovery? "The Dollar Bubble" (film)

(InflationUS) "The Dollar Bubble" stars Peter Schiff, Ron Paul, Marc Faber, Gerald Celente, Jim Rogers, and others. Now is the time to prepare for the collapse of the U.S. dollar. Learn more and maybe become a member of the NIA (National Inflation Association) for free at inflation.us.

5 jobs that won't be outsourced

5 careers that are here to stay -- even in a recession
Cherise Asato (Y!)
"We're restructuring the company." "We're heading in a new direction." "We need to cut costs." These are just a few of the lines that have been given to workers who have recently lost their jobs to outsourcing or job relocation. Protect yourself from a similar fate by choosing one of these 5 great-paying careers that can't be outsourced -- even in a recession:

• 1. Automotive technicians and mechanics repair and maintain automobiles, meaning this hands-on work would be pretty hard for someone in another country to do.

Training: A six month or one-year automotive repair certificate program or a two-year associate degree program. Note: Most employers require certification. Perks: A hands-on career working with cars, and according to Salary.com, a $32,100 median expected salary.

• 2. Teachers help children and adolescents develop intellectually and socially through hands-on instruction that can only be done onsite. With the U.S. Census Bureau projecting that some 56 million K-12 students will enroll in the 2009-2010 school year, teaching is a solid job that's here to stay.

Training: To start, earn your bachelor's degree from a teacher education program. If you already have your degree, try a one-year professional development program. Next, get licensed. Most states require it to teach in public schools. In some states, your next step will be to earn a Master's degree in education. Perks: For preschool, kindergarten, elementary, middle, and secondary teachers on a traditional school year schedule: a 10-month work year, 2-month vacations, and median annual earnings of $43,580 to $48,690, according to 2007 figures from the U.S. Department of Labor.

• 3. Physical Therapy Assistants work with physical therapists to assist in the rehabilitation of patients who have suffered from injury or illness. The work involves using the power of touch to heal and inspire, which means that this work must be done locally.

Training: An accredited, two-year or four-semester physical therapist assistant program. Some states may have licensing requirements. Most states require that you pass a state exam and receive CPR and First Aid certification. When you're starting out, you'll most likely need to complete a minimum number of fieldwork hours. Perks: The satisfaction of knowing you've made a difference in another person's life and, according to recent Salary.com numbers, the potential to earn over $47,000 a year.

• 4. Electricians light up our lives by installing, maintaining, and repairing electrical systems and components. With work done onsite at our homes, offices, and factories, electrician jobs cannot be sent overseas.

Training: An electrician apprenticeship program, which can be found at many public and private vocational/technical schools. Note: In most states, electricians must also be licensed. Perks: A respected 9-to-5 job that pays well, over $50,000 per year on average, according to Salary.com.

• 5. Veterinary Assistants assist veterinarians in handling pets and nonfarm animals, administering medicine, and taking X-rays. Most animals can't travel far for their health care!

Training: A one-year veterinary assistant certificate program. Perks: The chance to work closely with animals, and according to Salary.com, a median expected salary of more than $26,000.

Money Matters, Cosmos, American Mood, FOX

Consensus Reality at a Glance by Ashley Wells

A Buddhist community online

E-Sangha provides a forum for sharing your views, opinions, and questions related to Buddhism. What topics are being discussed? "Unmistaken Child": a study of Tibetan faith

Salary secrets companies won't reveal
Your employer probably doesn't want you to know about these practices. Why new hires can earn more - Pessimism about earnings - High pay, little schooling - Average pay raise

One is a mystery, the other is Top Secret
Amelia Earhart's fate and the Air Force's secret space plane — people want answers online. What clues reveal - Earhart's vanishing - Plane's maiden voyage

What Americans are thinking
Nearly a year after the presidential election, the national mood takes a turn, a poll shows. Jobs, health care, war - Gas prices, supply up - New-home sales slide - Find economic indicators

Worst recession since 1930s hits end
Key indicators show that the biggest downturn since the Great Depression is over. How experts can tell - Pain is "alive and acute" - Jobless claims drop - Definition of recovery

What women should know about money
These 10 simple rules of thumb will help you stay in control of your finances. One thing you should never do - Debit card do's and dont's - Find your financial style - Prenuptial agreements

How people will look in 10 generations
Survival no longer drives evolution, but a study says our average height and weight are changing. Role of fertility - Galileo upended science - Cleanliness and morality? -Darwin's theory


Oldest object ever seen in the universe
It took 13 billion years for the light from this violent event to reach Earth. Glimpse of the "cosmic dark ages" - NASA satellite Swift - New moon rocket tested - Pseudo black hole created


"Avatar" plot revealed
An avatar is a Hindu incarnation of a deva. James Cameron's upcoming sci-fi epic has been lauded for its special effects. Now learn its story. Exclusive trailer - "Avatar" photos

• Internet set for change with non-English domain addresses
• Cold and flu cures: Obey your MD, and don't try anything else
• $2 Picasso and other extraordinary finds at yard sales
• Japan pushes East Asia bloc, says U.S. will have role
• Teenage girl with complete amnesia is found in NYC
• How a girl's stark words got lost in the…(LA Times)

Nonprofit boon to job seekers

Nonprofit a boon to job seekers despite tough times
Bob Strauss (DailyNews.com)
Business is up at Chrysalis. There must be a recession. For 25 years, the nonprofit job-enabling organi-zation has done an outstanding job of helping homeless people, recovering addicts, ex-convicts, and the simply desperate find and keep decent employment. Its success at placing clients who complete its program in jobs has been an impressive 80 percent. With the economic downturn, however, Chrysalis' capabilities are being challenged from all directions: many more unemployed people, fewer places for them to find work, and a drop in donations that keep the outfit operating.

Despite all that, Chrysalis -- which has offices in Pacoima, Santa Monica, and downtown L.A. -- is rising to the challenge and, so far, meeting it. "Though it's tough to do these days, it is possible," CEO Mark Loranger said. "And it's happening. We were able to place over 500 people in work in the first half of this year, and I know we'll do better than that in the second half. "So while it is discouraging to see so many new people coming into our centers, the fact is that our clients are having success, and that's what keeps us going every day." The Pacoima center, located in a strip mall at 14015 Van Nuys Blvd., has seen a whopping 62 percent increase in job-seekers over the past year. More>>

The Great Recession in Numbers

The numbers tell the story

A year ago this weekend, the Dow Jones industrial average had just finished a slow-motion crash. Over eight days, it fell 2,400 points, or 22 percent, and stood at 8,451. One year later, the Dow is at 9,865. It's up 51 percent from a 12-year low of 6,547 on March 9 — when some investors feared the financial world was coming to an end. But the complete story of the Dow's journey since the economy soured goes back a little further. Two years ago this week, on Oct. 7, 2007, the Dow set its record high of 14,164. More>>

• UN: Record 1 billion go hungry
• 85,000 Iraqis killed in almost 5 years of war
• Foreclosures rise 5 percent from summer to fall
• Video: Nat'l debt and jobs dominate economic week
• Video: midday market report 10-09-09
• Palestinians urge Israeli punishment over Gaza
• Asian markets hit 14-month peak on upbeat retail sales
• Arctic ice cap to disappear in 20-30 years, expert says

Think like a millionaire

How to think like a millionaire
Vision and passion are just a few of the traits shared by the world's wealthiest. Do what you love?
Financial lessons from celebrities
Find recession-proof investments

G-20 Protests; Obama goes to UK

More photos and story (telegraph.co.uk)

A banner is displayed during a demonstration in London on March 28, 2009. The Put People First group, an alliance of more than 150 unions, on Saturday organized the demonstration, calling on the leaders of the Group of 20 Countries (G-20) to adopt sustainable policies that can lead the world out of recession [Xinhua] MORE PHOTOS (chinadaily.com.cn).

• VIDEO Protests turn ugly (News 7 Australia)

Demonstrators play into the hands of police eager to attack:

• VIDEO Bank windows in London smashed (Reuters England)

Obama advocates return to business as usual for G-20 banks:

• VIDEO Obama: "Act with a sense of urgency" (CBC Canada)

Why is England so upset? Because of David Icke, a growing movement now understands what has been going on with regard to banks, unemployment, and a debt-system that ruins lives. Using the analogy of The Matrix, a recent documentary exposes the underlying reasons for the global economic crisis:

Zeitgeist Movement: New Orientation

Recession's end in sight?
The current recession will end sooner than you might think, but more jobs will be lost.

When to expect it

"I feel a lot better," says one economist

Economy showing some signs of life

• Zeitgeist Movement website

CLICK TO VIEW

Zeitgeist the movie and Addendum have inspired a movement. This orientation explains what we can do now about the global economy, banking collapse, corporate consumerism, and feeling better.

WATCH IT NOW

Make Food Last Longer

Make food last longer
Here are storage tips to help produce, fruits, and grains outlive their expiration dates.

• When to freeze
• The basics of food safety
• Ways to cut your food bill
• Find health benefits of superfruits
• Moderate protein diet may beat carbs

Economists predict when Recession will end and you can go back to wasting food

Gold Rush: Unemployed now prospecting in California's hills

VIDEO: Volunteering can lead to paycheck

Volunteering for charities may make you feel good, but it can also help you land your next full-time job. Details

Monday: Terrible Tuesday tumble

World stock markets slip on recession fears
Pan Pylas (AP, 10/15/08)

World stock markets slip after 2-day rally as economic concerns mount

LONDON (AP) -- European and Asian markets mostly fell back Wednesday following a strong two-day rally amid concerns that the global efforts to restore confidence in the battered financial system will not be enough to stave off a deep recession. The FTSE 100 index of leading British shares was down 145.28 points, or 3.3 percent, at 4,248.93. Germany's DAX was 149.23 points, or 2.9 percent, lower at 5,049.96, while France's CAC-40 was 94.32 points, or 2.6 percent, down at 3,534.20.

The losses in Europe's follow similar declines in the U.S. and most Asian markets, except Japan. Wall Street is expected to start its session later lower, with Dow futures predicting a 33 point, or 0.04 point, decline to 9,239. "The rally in the global markets over the last 2 days has come to a speedy halt," said Sejal Patel, a trader at CMC Markets.

The hefty gains seen in the early part of the week were due to the unveiling of a series of bank rescue packages from governments around the world to restore confidence. On Tuesday, the U.S. government followed Europe's lead and announced it is to pump some US250 billion into shares of its leading banks, including JP Morgan Chase & Co., Bank of America Corp., Goldman Sachs Inc. and Citigroup Inc.

The long-term key is whether the flurry of activity can actually break the logjam in credit markets and the early indications are that there has been some easing in rates and spreads, with further declines Wednesday. The interbank lending rate for three-month dollar loans fell 0.09 percent to 4.55 percent, while the three-month Euro Interbank Offered Rate, or Euribor, fell almost 0.067 percentage points to 5.168 percent.

Though the rates are falling, the differential between the rate at which banks lend to each other and official central bank lending rates remain high, signalling a strong degree of mistrust still exists. In the U.S. the base central bank rate is 1.5 percent, in the euro area it is 3.75 percent and 4.50 percent in Britain. Even if lending rates between banks continue to respond to the packages announced by governments around the world -- Greece became the latest Wednesday when it unveiled a euro28 billion bank rescue plan -- they will do nothing to prevent a serious economic slowdown. "The global economy cannot realistically be expected to bounce back any time soon from the catastrophic shocks it has suffered over the past six weeks," said Stephen Lewis, an analyst at Monument Securities.

"Even if the authorities have fixed the banks so that there are no more systemic alarms, the attitudes to credit extension that prevailed before the shocks are unlikely to return," he added. The effect on the real economy was highlighted Wednesday in Britain with the news that unemployment rose by another 164,000 between June and August, to 1.79 million. The biggest rise since 1991 took the official unemployment rate up to 5.7 percent from 5.2 percent in the previous quarter.

And in Iceland, the central bank slashed its interest rates by 3.5 percent, bringing the policy rate down to 12 percent from a record high of 15.5 percent as the country struggles to deal with the impact of the global credit squeeze because of its heavyweight banking sector.

Concerns about the global economic outlook are clear also in the price of oil, which has fallen another $1.49 to $77.14, near the year lows recorded last Friday when stock markets around the world collapsed. Resource issues have also taken a hit on worries about slowing demand. Shares in Posco, the world's fourth-largest steelmaker, lost almost 8.7 percent in South Korea, while BHP Billiton Ltd, Australia's largest oil and gas producer, sank more than 4 percent.

A day after announcing billions in new spending to protect Australia's economy, Prime Minister Kevin Rudd accused Wall Street of "obscene failures" in corporate governance and blamed "extreme capitalism" for turmoil. Earlier in Asia, Hong Kong's Hang Seng Index lost 834.58 points, or nearly 5 percent, to close at 15,998.30 after rising more than 13 percent the previous two days. Markets in Australia, South Korea, China, India and Singapore also sank.

Japan's Nikkei 225 index bucked the trend, however, ending up 1.1 percent at 9,547.47. The benchmark soared 14 percent in the previous session -- its biggest single-day gain ever. In Hong Kong, Chief Executive Donald Tsang said the meltdown was even worse than the 1997 Asian financial crisis and would take a far bigger toll on the global economy.

Major exporters such as Japanese automakers slumped due to concerns over the U.S. economy, a vital market for Asian goods. Honda Motor Co. shed 5.23 percent, and Toyota Motor Corp. lost 1.88 percent. In the currency markets, the euro was stronger at $1.3645, while the dollar dipped against the yen for the first time in five days and is now trading above 101 yen.

Associated Press Business Writer Jeremiah Marquez in Hong Kong contributed to this article.