"The central issue is not penguins or Trump's IQ" - Joana Amaral Dias
The central issue is not penguins or Trump's IQ. The issue is uncertainty, whether we are leaving a nightmare to enter a night terror or a paradise. "Wow! So many people are mourning the announced end of globalization in the wake of Trump's tariffs. It seems that this model of development was so generous and beneficial. The European elites and commentators are apoplectic and predicting a major recession in the US and/or a destructive inflationary process. Others simply declare that Trump is crazy, as if with this easy adjective they could produce the finest geopolitical analysis. But this globalization that they defend tooth and nail was great for American hegemony after the collapse of the USSR, magnificent for China and the white sharks of international finance, but devastating for public finances, medium/small businesses and families who are now living much worse than at the end of the last century. In fact, unlike Universalism, ...