Daenerys Targaryen analyzes the OECD's revised economic forecasts, Trump's tariffs, and the looming threat to global growth.
Daenerys Targaryen analyzes the OECD's revised economic forecasts, Trump's tariffs, and the looming threat to global growth.

A Storm of Tariffs: Chaos is a Ladder (to Nowhere?)

Hmph. It seems this… *Donald Trump* a name that tastes like ash in my mouth has been causing quite the stir in the economic realm. The Organisation for Economic Co operation and Development (OECD) an organization I would likely command to bend the knee if they existed in Westeros has downgraded growth forecasts for the U.S. and the world. Apparently Trump's tariff policies are the wildfire burning through the prosperity of the realm. As I always say "I will take what is mine with Fire and Blood!" but maybe not the economic system as a whole.

Dracarys to Growth: The U.S. Economy Sputters Like a Dying Dragon

The U.S. is now expected to grow at a paltry 1.6% this year and 1.5% in 2026. Even my dragons could fly faster than that after a hearty meal of roasted Lannister. The OECD blames these tariffs economic uncertainty a lack of immigrants and a shrinking federal workforce. It seems Trump is trying to build a wall not just on the border but around the entire American economy. He should know walls don't work.

Global Cooling: Even Winterfell is Warmer Than This Economic Outlook

The global outlook isn't much better. The OECD projects global GDP growth to slow from 3.3% in 2024 to 2.9% this year and in 2026. They claim the slowdown is focused in the United States Canada and Mexico. Apparently Trump's policies are contagious like the Greyscale! This is unacceptable! If I were in charge I'd 'break the wheel' of tariffs and promote free trade across the Seven Kingdoms... and beyond!

The Winds of Uncertainty: Trade Wars and Economic Weather

The report ominously states 'The global outlook is becoming increasingly challenging.' Substantial increases in trade barriers tighter financial conditions weaker confidence and heightened policy uncertainty will all have marked adverse effects on growth prospects if they persist. Frequent changes regarding tariffs have continued in recent weeks leading to uncertainty in global markets and economies. Perhaps someone should remind Trump that chaos isn't a policy it's a path to destruction. 'When I take what is mine I will do what queens do. I will rule!'

Inflation: A Fiery Breath on Prices

And what of inflation you ask? The OECD warns that higher trade costs especially in countries raising tariffs will also push up inflation. So Trump's tariffs are not only slowing growth but also making everything more expensive. It's like paying the Iron Price twice! While other major economies are expected to see inflation decline the U.S. is projected to see it rise possibly nearing 4% by the end of 2025. I may be the Mother of Dragons but even I can't control the fire of inflation!

AI: The Iron Throne of Productivity?

But there is a glimmer of hope! The OECD also notes that the U.S. is benefiting from strong productivity growth due to advancements in technology like AI robotics and quantum computing. Apparently these advancements could lead to a 'significant productivity revival' if trade barriers are lowered and investment and consumption increase. So perhaps there's still a chance to escape the economic winter... if only someone could convince Trump to stop playing with tariffs like they're dragon eggs!


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