What’s in a simple name change? It seems like potentially quite a lot. Mexico is one of the countries most exposed to the potential economic and political fallout from Donald…
Yves here. Trump’s anti-immigration push may be hoist, or at least impeded, by a Republican favorite, the states’ rights petard. Among other examples, Trump seems perfectly content to let states…
Yves here. In the unlikely event that the Trump Administration decides to shrink the number of US bases a tad, even if more to placate MAGA backers or to free…
As the Trump 2.0 administration takes off, it looks like he’s only doubling down on US efforts to plunder Europe despite his campaign talk about getting out of Ukraine and…
Seriously, you cannot make this stuff up. I managed to miss this New York Times article last week thanks to the barrage of Trump edicts and the furor about them:…
Yves here. This article contends that tariffs may not be inflationary, but that does not mean that consumers will not be harmed. Tariffs will make some, perhaps many, goods more…
By Wolf Richter, editor of Wolf Street. Originally published at Wolf Street. The DOGE people in the Trump administration are considering shedding a big portion of the massive office space…
Yves here. Michael Hudson describes how if Trump delivers on his trade and immigration threats (which are also economic threats) to Mexico, Mexico will either suffer a severe economic crisis…
Yves here. Of course, one looming question regarding efficiency is efficient for whom? If we look at a private sector example, lousy insurance claims processing is efficient by lowering costs…
Trump is adept at using his willingness to be wildly inconsistent to destabilize opponents. But he is unduly fond of using blunt instruments like tariffs that he can impose unilaterally,…