Just in. Mass Blackouts in Spain, Portugal and in part of France. Every single part of digital life from shops, to traffic lights, hospitals, airports, phones, and trains, all down.

As you know, I’m thinking of Tariffs in two broad categories: Long Term Incentive Modifiers and Short Term Negotiation Tools. At the end of the day, if were advising @realDonaldTrump and @SecScottBessent, I would make the upcoming Sector Tariffs the LT Incentive Modifiers and set them at a rate that will not completely shut things down, but truly encourage behavioral change in Critical Path Industries (think Energy, Minerals, Chips, Ships, and Drugs). The poll I took yesterday gives some hints as to what these Tariff levels might be. See below. Trade these against relaxing the Reciprocal Tariffs (ST Negotiation Tools) to something close to zero on non-Critical Path Industries. At the end of the day, who cares where our T-shirts and Tchotchkes are made? The cheaper the better. But we MUST be smart of targeting Critical Path Industries to achieve LT behavioral change.

As you know, I’m thinking of Tariffs in two broad categories: Long Term Incentive Modifiers and Short Term Negotiation Tools. At the end of the day, if were advising @realDonaldTrump and @SecScottBessent, I would make the upcoming Sector Tariffs the LT Incentive Modifiers and set them at a rate that will not completely shut things down, but truly encourage behavioral change in Critical Path Industries (think Energy, Minerals, Chips, Ships, and Drugs). The poll I took yesterday gives some hints as to what these Tariff levels might be. See below. Trade these against relaxing the Reciprocal Tariffs (ST Negotiation Tools) to something close to zero on non-Critical Path Industries. At the end of the day, who cares where our T-shirts and Tchotchkes are made? The cheaper the better. But we MUST be smart of targeting Critical Path Industries to achieve LT behavioral change.

LOL THEY NAMED IT PELOSI

The large, massive power outage that broke out in Portugal, Spain, and parts of France just shows the chaos that will occur when the Earth's magnetic field totally diminishes, as we are currently in a geomagnetic excursion. The super markets are using electricity from their backup generators, people are buying food and water, the government and the experts don't know when the problem will be fixed, and it might last for a few days. Apparently, this video is from Spain. Should we be worried? Thread (1/8)🧵