Saturday, January 18, 2025
Trump's Tariff threats haven’t deterred the expanding BRICS bloc, while EU officials scramble to regulate Big Tech chaos. Cryptos rally on potential Trump orders as he navigates strange diplomatic waters.
Despite the looming threat of tariffs and trade wars from President-elect Donald Trump, the BRICS countries seem unfazed, like a flock of seagulls who just found out there's no sandwich on the picnic table. Economists and analysts are busy shaking their heads in disbelief while confirming that the BRICS bloc, comprised of Brazil, Russia, India, China, and South Africa, is only getting bigger. Apparently, the allure of camaraderie and economic collaboration between these nations is stronger than any sanctions Trump tosses at them like confetti during a parade. Who knew the global economy could be such a rebellious teenager, ignoring all parental warnings? Meanwhile, one can't help but chuckle at the chaos unfolding across the Atlantic as the European Union grapples with how to handle Big Tech regulations with Trump back in the White House. It's almost as if they're trying to teach a cat to fetch: lots of effort, very little success. However, a top EU official insists there's a "" for regulation, perhaps hoping that a firm tone will magically make tech giants fall into line. Spoiler alert: they won't, especially when they know Trump is ready to play hardball by tweeting his disapproval faster than you can say "data privacy." In other news, the cryptocurrency world has its hopes pinned on a potential executive order from Trump regarding crypto—because nothing screams stability like relying on a man who once suggested using disinfectant to treat viruses. Bitcoin is rallying, apparently fueled by the absurd notion that Trump might actually understand digital currency better than traditional economics. And while foreign leaders raise eyebrows attending his inauguration amidst a backdrop of trade tensions, one can't help but picture a bizarre episode of international diplomacy, where alliances are formed over TikTok discussions while the rest of us wonder if we should be laughing or crying about it all.
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