This dead cat won’t bounce

After a big explosion of wishful thinking earlier in the day, the stock market is cratering again at the close. The indices will have lost something like 13% of their value over the last four trading days, which is something like eight trillion dollars or 171 LoomCoin.

Part of this is that the Trump administration announced a new seventy gajillion percent tariff on China, because Donald Trump is a complete fucking moron, who thinks that in an ideal world the US would have a trade surplus with everybody. He thinks this because he’s a complete fucking moron, who doesn’t understand [basically any subject can fill the next clause in this sentence] tariffs or international trade or [keep going].

This is going to keep happening as long as Donald Trump is president, because unpredictable chaos is bad for business. Still, Virgil Sollozo’s observation that blood is a big expense has its practical limits, which I hope some of our more entrepreneurial businessmen are keeping in mind, as they contemplate the future of the Empire of Cash.

Meanwhile:

The National Weather Service is no longer providing language translations of its products, a change that experts say could put non-English speakers at risk of missing potentially life-saving warnings about extreme weather.

The weather service has “paused” the translations because its contract with the provider has lapsed, NWS spokesperson Michael Musher said. He declined further comment.

Lilt, an artificial intelligence company, began providing translations in late 2023, replacing manual translations that the weather service had said were labor-intensive and not sustainable. It eventually provided them in Spanish, Chinese, Vietnamese, French and Samoan. The contract lapse comes as President Donald Trump’s administration is seeking to slash spending in federal agencies, including cuts within the National Oceanic and Atmospheric Administration that have led to high employee vacancy rates at NWS offices.

BTW the Spanish translation of complete fucking moron is hijo de puta, or more formally malparido. Please make a note of it.