I'm trying to figure out the same. Por que no los dos?

I agree with the suggestions in the article that we are seeing the beginnings of a global economic slowdown caused by Trump’s trade policies and an understandable anti-US backlash.

There is certainly a backlash against certain US based businesses, but I doubt LWN is on the receiving side of that backlash. It could be, but I'd be surprised. I think it is much more likely that people are being more frugal in their spending, as a precaution. Sadly something like LWN is fairly easy to eliminate from your budget.

Given the uncertainty the Trump administration has generated, I think a recession could be a self-fulfilling prophesy. Technically the economy might be strong enough, but we don't know Trumps long term plans, or even his plans for next week, so precautionary spending restrictions may end up triggering a recession of sorts.

There are so many project and organisations, similar to LWN, that I want to support, but it adds up quickly if you're not careful.

It may be irrational but I cancelled a substack subscription of a US-based writer that was highly critical of Trump. On one hand, it is counter productive, but on another hand my spending is limited and I will do my utmost to support the European economy instead.

I have a number of home improvement projects that I had planned on tackling this year, but I've decided I prefer those funds liquid. Same with getting a newer car. While nothings harmed my economic situation yet my confidence in pretty much everything, the stability of the job market, the economy, the country itself it at an all time low.

Even here in red state territory that seems to be the general vibe.

It's probably a secondary effect of any tariffs. When people are uncertain about the future one of the first things they cut back on is entertainment subscriptions. LWN losing subs would be leading indicator of economic turmoil, so setting up subsidiaries is unlikely to help any.

Also sanctions and AML regulation, I would assume.

The Linux Foundation pays Linus’s salary, not LWN.