Ragnar Lothbrok reports on the curious case of a 'best negative' GDP, where numbers dance like shieldmaidens and tariffs sing a siren's song.
Ragnar Lothbrok reports on the curious case of a 'best negative' GDP, where numbers dance like shieldmaidens and tariffs sing a siren's song.

A Drop in the Mead Hall's Bucket?

By Odin's raven! I hear tales from across the great ocean from the land they call 'America.' Seems their numbers their 'GDP' they call it have taken a bit of a tumble. A 0.3% drop they say. Now I've seen worse drops raiding Frankia after a long night of mead. But this Navarro fellow this advisor to their great chief Trump he claims it's the 'best negative print' he's ever seen! Is he mad? Perhaps he's been drinking too much of the gods' brew.

Shiny Trinkets and Empty Coffers?

Navarro speaks of a 'surge' in domestic investment like a dragon hoarding gold. A 22% increase he boasts! But strip away the trinkets he says and you find the problem: these blasted tariffs! Like a sea serpent dragging ships to the depths they're pulling down their economy. He claims without them they'd have 3% growth! Sounds like wishful thinking to me. As I always say “I believe our fate is shaped half by the gods half by the choices we make.” And these choices... well they seem a bit fishy.

The Market Gods Are Angry!

The stock market they say is down. Like a Viking after a crushing defeat it's nursing its wounds. This comes as no surprise. The gods favor the brave not the foolish. This market drop happened after their chief Trump's second moon cycle in power. Is this a sign? A warning from the Allfather himself? Or just a bad harvest in the fields of finance? “Life is a gamble,” as I have learned many times.

Navarro's 'No Big Deal'

Earlier this Navarro dismissed a market drop as “no big deal.” A thousand points the market fell! 'No big deal' he says? That's like saying losing your axe in battle is 'no big deal'! The S&P is down 7%. Someone should tell him that’s something to worry about before everyone ends up in Valhalla sooner than expected.

Trump's Gamble: A King's Ransom or a Fool's Errand?

Trump’s tariffs… are they a stroke of genius a move worthy of a great Jarl? Or are they the ramblings of a madman leading his people to ruin? Only time will tell. But I Ragnar Lothbrok have seen empires rise and fall. And I know that pride comes before the fall. If Trump does not change course he will end up like the English.

The Seer's Prophecy: Economic Winter Is Coming?

Perhaps the seer can shed some light on this mess. But I fear the signs are not good. An economy that shrinks while its leaders boast? Sounds like a tale from Hel itself. If this course continues who knows what madness awaits.


Comments

  • sibbie profile pic
    sibbie
    5/18/2025 8:04:55 PM

    Trump's tariffs are as popular as King Aelle at a Viking feast.