Liz Truss’s tenure as the British PM began with global markets sinking at her approach to rekindling the trickle-down economics of the 1980s. The plan was abandoned shortly thereafter, but the damage to her cabinet’s credibility was already done.
A Democratic White House and Republican Senate means the many regulations Joe Biden has promised will likely require centrist modifications before becoming law.
Trump and Biden share in both their tough stance on China and a desire to please the markets. Yet going forward, Beijing’s boost in foreign access to its capital markets may mean that the President, regardless of the election, will find these two goals incompatible.
Student loans may prove to be the nail in the coffin of post-COVID economic recovery.
How the unrest in Belarus may prove to be Putin’s golden ticket to European control.
The recently approved tariff payment delays on steel will open the U.S. market to dumping from Chinese manufacturers
Do we opt for the short-term solution of moderate limitation of carbon emissions or do we embrace a tactic that could irreparably damage our economy and plunge us into a deep depression?