Yes, that’s apparently a real quote from President Trump.
This is likely the worst economic position he has staked out so far.
On the plus side, if he puts his trade war optimism to the test and thus sparks the next recession, perhaps we won’t have to hear contrived arguments about how tax cuts cause recessions…
Recent
U.S. troops are training for chemical and nuclear fallout while fresh forces and warships surge toward the Middle East, and I can’t shake the feeling that those “routine drills” are happening for a reason. We walk through what the 11th Marine Expeditionary Unit’s...
It was 250 years ago that Adam Smith published The Wealth of Nations. In it, he looked back on the contact that various distant peoples had had with Europeans, following the discoveries of Christopher Colombus and Vasco de Gama. The results, by Smith’s time in 1776,...
A blockade of the Strait of Hormuz sounds like a clean, decisive move until you run it through the real world: geography, international law, ship insurance, and the uncomfortable question of what happens when the other side shoots back. We sit down with Lt Col Karen...
