Economics & Finance 42684

This day started boringly, but ended unexpectedly

Yesterday at lunch, a colleague and I were discussing how to generate decent passive income. I honestly admitted I'd tried a lot, but they were all failing. Then he said he'd been looking for it for a while, too, but this morning he came across a post on Reddit (u/tmh8901)

We decided to give it a try right during lunch. We repeated the steps, and within 10 minutes, the screen was already showing a $13 increase! Honestly, we looked at each other in disbelief

I won't retell the instructions so as not to deprive the author of his "tips," but I recommend checking out his pinned post

https://redd.it/1nthnhr
@r_econ

Check out tmh8901’s Reddit profile

Explore tmh8901’s posts and comments on Reddit

3 views13:19

Economics & Finance

Trump's trade war will hurt America consumers

High tarrifs mean higher prices for consumers. And Trump is placing higher tarrifs on India, rather than China. USA has forgotten who its friends are. Apple has shifted much iphone production to India. But one must remember that while iphones are assembled in India or China, most of its components are manufactured elsewhere.

So trade numbers don't give an accurate picture. One should look at value added. Tarrifs on particular countries will not necessarily result in reshoring, it could result in a shift of manufacturing from high tarrifs countries to low tarrifs countries.

Reference: The Fractured Age / Neil Shearing

https://redd.it/1nth0om
@r_econ

From the economy community on Reddit

Explore this post and more from the economy community

4 views14:19

Economics & Finance

Trump to impose 100% tariff on movies made outside the U.S.
https://www.ctvnews.ca/world/trumps-tariffs/article/us-to-impose-100-tariff-on-movies-made-outside-the-country/

https://redd.it/1ntixud
@r_econ

CTVNews

Trump says U.S. to impose 100% tariff on movies made outside the country

U.S. President Donald Trump said on Monday he would impose a 100 per cent tariff on all foreign-made movies, an unprecedented move that threatens to upend Hollywood’s global business model.

3 views15:19

Economics & Finance

US consumer spending rose 0.6% in August 2025, following a 0.5% rise in July — BEA
https://www.bea.gov/data/consumer-spending/main

https://redd.it/1ntikdy
@r_econ

3 views16:19

Economics & Finance

When is all this wealth supposed to trickle down?
https://redd.it/1ntmaog
@r_econ

4 views17:19

Economics & Finance

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Fox is finally starting to acknowledge how expensive everything’s getting because of Trump’s tariffs.

Now they’re talking about beef and steak prices skyrocketing by 13–17%.

https://redd.it/1ntnc0n
@r_econ

4 views18:19

Economics & Finance

Gen Z college-educated men now just as unemployed as those without degrees—has the education payoff officially died?
https://wtfdetective.blog/gen-z-degree-unemployment-crisis/

https://redd.it/1ntnse0
@r_econ

WTF Detective

Gen Z college-educated men now just as unemployed as those without degrees—has the education payoff officially died? - WTF Detective

The job market isn’t working the way it used to—especially for young men. Despite holding college degrees, many Gen Z males are finding themselves locked out of entry-level jobs. According to the latest data from the Federal Reserve, unemployment among recent…

3 views19:19

Economics & Finance

The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3
https://finance.yahoo.com/news/u-economy-running-even-hotter-172109883.html

https://redd.it/1ntn9s0
@r_econ

Yahoo Finance

The U.S. economy is running even hotter than previously thought, and GDP growth could reach 4% in Q3

Stronger GDP also means the Federal Reserve will be under less pressure to lower rates aggressively.

4 views20:19

Economics & Finance

Interesting. Studios getting slapped with a 100%Tariff isn't right. This is not fair to moviegoers. 📽🎬💰💰🇺🇸
https://redd.it/1ntsfrz
@r_econ

1 view21:19

2025/10/23 21:07:35
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