Mish's Global Economic Trend Analysis: Emails From French and Canadian Readers on "Preserving Culture" and the "Language Police": " . . . it's not just France that suffers from such stupidity, it is all of Europe. Every year France blocks changes in agricultural subsidies that exist solely to prop up inefficient French farms. As a result everyone in Europe pays higher prices for produce and other farm goods. Tariffs raise costs and restrain trade. Problems do not stop with agriculture and restaurants. Inane work rules also designed to "preserve the French way of life" have put France and Germany are on a collision course over numerous issues including heated exchanges regarding productivity and trade with China."
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Trump administration signals it will continue mass firings as government
shutdown drags on
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The Office of Management and Budget said that it's "making every
preparation to batten down the hatches and ride out the Democrats'
intransigence."
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