It has been a chaotic few weeks in geopolitics. At the beginning of the month, President Trump announced tariffs that threw the global economy into turmoil. Investors panicked, stock markets plunged, and analysts predicted an imminent recession. Mr. Trump insisted…
The parallels between President Trump and Liz Truss, Britain’s shortest-serving prime minister, are growing starker. Ms. Truss triggered market turmoil in 2022 after she proposed sweeping tax cuts that she proposed to pay for with massive government borrowing. Ms. Truss…
A major Western leader announces an unorthodox economic policy, panicking the financial markets, driving down the country’s currency and fueling a blizzard of warnings about the dire long-term consequences. President Trump did all this with his across-the-board tariffs, announced last…
