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/Featured Quiz 21st March 2025 - Weekly featured - 1492 and Christopher Columbus
I just completed this quiz. My Score 30/100 My Time 233 seconds -
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Musically - Is this as good as it gets?
You are clearly struggling here, so: -
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The dumbest thing you will ever see
Oh come on now, cool down. Trump is doing the (only) thing he knows how to - a TV show. The man makes a spectacle because he wants to be in spotlight all the time. And you know that's the same as advertising... I don't care what you write about me, as long as you get my name right" The rest of the World is forming new alliances and trade agreements at a much faster pace than was expected just end of last year, and I'm confident, eventually bypassing US and trading among themselves, coming up with their own financial systems. Who would lead that "new system"? China? EU? BRICS? Don't know, but the sad part is that many Americans will be far worse off much sooner than they are expecting. US doesn't produce much locally, due to the greed of early corporations, undercutting competitors with cheap Chinese labour, which forced much of manufacturing out of the US, and rebuilding something like that in the age of globalisation will be close to impossible during Trump's 2nd term, possibly 3rd if he manages to push that through. During this time, US soft power will diminish, and the special treatment their companies and people get abroad will go away as well, the pressure US can slam on someone through threat of, or actual sanctions would disappear as others move to alternative financial platforms. I agree with Trump that something has to be done about US economy and especially the debt. And I admit that I believe it's gone too far for any easy solutions so in his position, I don't know what I would do to reverse that trend, but cutting costs and increasing revenue does make sense from financial perspective. But what he is largely putting aside is the century of good deeds that US has done for the rest of the World, which has gotten it into the position of global leadership and respect, and it's sad looking at all that great effort being removed in a couple of months by acts that lacked any kind of medium to long term impact assessment, and are more than likely to result in devastation to US economy and the lives of majority of Americans. The rest of the World will suffer as well. But unlike what some people think, the rest of the World is a lot bigger than the US, has 20x more population, and is more than capable to establish their own alliances. You don't start a trade war, especially to those who are holding nearly all of your debt, unless you are self-sufficient, which US absolutely is not. Nobody can survive in isolation, no matter how strong. If you only trade with yourself, you cannot create any added value, you're simply circulating the same wealth between the same people, and only way you can grow it, is by printing more, which leads to inflation, and lowering the worth of it. What's worse than retaliation tariffs on US is the boycotting of US products. When that happens, when consumers find alternatives, even if all of this is reversed, American companies will find it extremely difficult to regain the foothold, especially with perception of their government. And with negative perception or even anger of Trump, that is quite likely. There are some very dark times ahead for the US. And that's exactly why the constitutions and laws are written so they separate power. To prevent unchecked acts to cause a major devastation to the country with nobody able or willing to stop it. So yes, 2nd of April will be a Liberation day. Probably most celebrated in China, as the World will be "liberated" from the US influence. A sad day, indeed, for the World, but especially for Americans, who will very soon start to notice how it feels to no longer be special. -
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PSEi Drops Amid U.S. Tariff Hike on Philippine Products
File photo for reference only The Philippine Stock Exchange index (PSEi) experienced a significant drop, closing 101.95 points lower at 6,145.73, following the U.S. announcement of increased tariffs on Philippine products. This 1.63 percent decline was primarily attributed to a knee-jerk reaction in the market, heavily impacting the Services sector, while the Miners benefitted from a surge in gold purchases as investors sought safe havens. Trading volume was notably lower, with 1.35 billion shares exchanged, valued at ₱4.62 billion. The market saw more losers than gainers, with 125 shares declining compared to 71 advancing, and 54 remaining unchanged. Regina Capital Development Corporation's Managing Director, Luis Limlingan, commented that Philippine shares were sold off after a period of stability in anticipation of U.S. President Trump's tariff measures. The White House indicated that the levies would be imposed immediately following a 4 p.m. ET announcement, though specific details were pending, contributing to global market uncertainty. Bloomberg reported that the administration was still finalising the tariff levels. Philstocks Financial Research Manager Japhet Tantiangco noted that the local market's decline was a response to the U.S.'s latest tariff announcement, which included a 17 percent tariff on the Philippines. This move dampened investor sentiment concerning the global economy due to the anticipated negative repercussions of these reciprocal tariffs, reported Manila Bulletin. -- 2025-04-03 -
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Musically - Is this as good as it gets?
You are clearly needing a solid reach around here:
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