Is the Price Right? Spoiler Alert: It's Not.
Okay Swifties let's talk about something even more dramatic than my dating life: OIL! Apparently U.S. crude oil dipped below $60 a barrel. Can you believe it? That's like 'Bad Blood' levels of low the lowest since before the pandemic hit. Suddenly my gas station runs are looking a *little* less painful but the bigger picture? Not so great folks. We're talking potential global trade war vibes. As someone who's navigated a few 'wars' myself (Kanye anyone?) I can say it's never a fun time.
Trump's Tariffs: Are We Really Doing This Again?
So here's the tea: Apparently President Trump's tariffs are the main culprit. Everyone's scared he's gonna ignite a full blown trade war. I mean haven't we learned anything from history? 'We are too young to be sitting still waiting for someone to maybe give us a chance.' Trade wars aren't cute. And they definitely don't inspire any catchy pop songs. Unless maybe it's a super sarcastic diss track. But I digress...
OPEC's Oil Slick: More Barrels More Problems?
And if that weren't enough drama OPEC+ decided to pump more oil into the market. It's like throwing gasoline on a fire...or you know oil on an already overflowing barrel. Helima Croft from RBC Capital Markets is calling it a 'toxic cocktail' of recession fears and increased supply. Sounds like a lyric straight out of my next album TBH. 'This is me praying that this was the very first page Not where the storyline ends.' Let's hope for a plot twist people!
China's Playing With a Pair of Twos! Ouch.
Treasury Secretary Scott Bessent said China is “playing with a pair of twos” in this trade showdown and they were not backing down to the tariffs said they will fight to the end. Oh my. What a mess. I mean I know a thing or two about playing the long game (1989 (Taylor's Version) anyone?) but this just sounds like a recipe for disaster. Seriously can't we all just calm down and listen to 'Shake It Off'?!
Off Ramp or Dead End?
So where do we go from here? Well everyone's waiting to see if there's some kind of 'off ramp' from this trade dispute. Translation: Can someone please make this drama stop? I'm starting to get anxiety just thinking about it! Maybe a heartfelt power ballad is what's needed here?
My Takeaway (Besides New Song Inspiration)
Look I'm a singer not an economist. But even I can see that this whole situation is a little 'Out of the Woods.' Here's hoping everyone involved can find a way to 'Begin Again.' Because honestly I'd rather write songs about love and heartbreak than global economic crises. 'Long live the walls we crashed through. I had the time of my life with you.'
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Red87445
Anyone else suddenly craving gasoline? Just me?
lighter50
Is this foreshadowing the next album theme?? Trade wars and oil prices!
dimkachum1
I miss the days when Taylor just sang about boys.
JCWebHost
Shake It Off is definitely the anthem for these crazy times.
wull123
This is way more interesting than my econ textbook.
surfette
OMG, Taylor, you make economics so relatable!
motd
Someone get her a financial advisor STAT!
david1
I'm starting to think Taylor should run for president.
levelovybrian2
I wonder if Joe Alwyn has any thoughts on this...