I Tariff So Hard Economics Can’t Find Me (How Bad Math Crashed the Market)

Skippy and Doogles Talk Investing

This week, Skippy & Doogles go scorched earth on the most chaotic economic policy rollout in recent memory. Trump’s new “reciprocal” tariffs? We break down the math (spoiler: it’s nonsense), the market fallout, and why it’s got economists, investors, and even penguins running for the hills.

Expect:

• 🔥 A full takedown of the tariff formula that makes zero economic sense
• 📉 Analysis of the worst two-day market drop since 2020
• 🧠 Economics 101 lessons on trade deficits, reserve currencies, and global supply chains
• 🐧 Penguins in suits. Yes, really.

If you've ever wanted to laugh through a potential recession, this is the episode.

⏱️ Timestamps:

0:00 – Intro: Singing, banter, and setting the economic disaster stage

2:30 – Oral history of the week: Trump’s Rose Garden announcement & TSMC confusion

6:40 – Why the 34% “reciprocal” tariff rate is complete fiction

10:30 – Economics lesson: Why trade deficits are misunderstood

14:45 – The Target analogy: Reciprocal tariffs and breakfast burritos

18:30 – Meme review: Penguins, charts, and the internet doing its thing

22:00 – Market reaction: S&P, NASDAQ, and recession odds spike

27:00 – Why this is a terrible negotiation tactic

32:00 – Apple, Nike, and how everyday prices will surge

37:00 – The global fallout: IMF, JP Morgan, Reagan Caucus respond

42:00 – Final rant: Why this is the worst policy move in decades

Join the Skippy and Doogles fan club. You can also get more details about the show at skippydoogles.com, show notes on our Substack, and send comments or questions to [email protected].