It’s the Stupid, Economy 0
Der Spiegel interviews economist Barry Eichengreen on the like effect of Donald Trump’s election. Eichengreen is not sanguine.
Here’s a tiny bit.
Eichengreen: The Silicon Valley gods will live to regret their support for Trump. Eventually, they will come to understand that tariffs hurt the economy as a whole and that their business models depend on globalization. But I’ve given up trying to understand these guys and their motives. You have to be a psychologist, not an economist, to do that.
