The post discusses the significance of maintaining morale in warfare and critiques Donald Trump's presidential actions, suggesting he undermines democracy and authority. It highlights the historical consequences of unchecked power, warns of a brewing confrontation between the U.S. and...
Plan Mexico is criticized for its protectionist approach, deemed unfeasible given Mexico's dire economic situation. With projections of zero growth, the government is urged to abandon these unrealistic commitments and adapt a more open economic strategy. Success depends on...
Trump's tariffs on China are seen as hasty moves aimed at rallying his supporters, rather than as a coherent strategy. Their reversal points to rising costs for American consumers and industry, potentially causing inflation. The approach has alienated international...
Frédéric Bastiat's distinction between the "seen" and "unseen" highlights Mexico's current economic challenges. Despite populism and a satisfied public, investments are lacking, and past trade agreements are uncertain. For Mexico's future, strengthening institutions is crucial as dependence on external...
Three essential videos highlight current economic issues: Singapore's Prime Minister Lawrence Wong discussing tariffs and global order; Larry Summers and Neal Ferguson examining economic science's relevance during crises; and Janet Yellen addressing the effects of Trump's economic policies on...
George Friedman discusses the transition into an unanchored world order characterized by uncertainty. He highlights the difference between geopolitical imperatives, which dictate nation actions, and geopolitical engineering, which balances internal politics. The established 20th-century order has eroded, paving the...
Former Treasury Secretary Larry Summers expresses extreme irritation (11/10) over the Trump administration's trade war, labeling it a significant self-inflicted economic wound. He fears this will damage US credibility and warns against complacency regarding threats to democracy, prioritizing democratic...