Today, I spent a good part of the day catching up on the news, and there was one particularly interesting piece that caught my eye.
In the first quarter of 2025, the initial estimate for the U.S. GDP growth rate came in at -0.3%, below the expected +0.3%. This number is significant because it marks the lowest GDP growth rate since the second quarter of 2022 and the first negative figure since then. Previous dips into negative territory were largely due to the pandemic. This suggests that the U.S. economy is already starting to contract—a storm is brewing on the horizon.
But other than that, there’s not much else worth mentioning.
As I’ve explained before, during Biden’s four years in office, even though things often went wrong, there was still a certain structure and predictability to their actions. They followed a playbook, even if it wasn’t always successful.
But with Trump back in the White House, it’s like all the rules have gone out the window. It’s total chaos—actions are taken on a whim, without any real strategy.
It feels a bit like watching a sports match. Before, even if the performance wasn’t great, it was at least at a provincial or municipal level. Now, it’s like a free-for-all, with people who don’t even understand the basics stepping onto the field. It’s not even at a village level anymore.
To be honest, it’s really hard to write about this administration. Their actions are so erratic that it’s difficult to make sense of them.
I’ll leave it at that for today. There’s not much more to say about this situation.
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