Yesterday I heard a guest (Jared Bernstein) on a News program provide this brilliant insight: “We have a $900B trade deficit with the world – so we start a trade war with tariffs and it results in $7 Trillion loss in the US stock market. It’s a little like burning your house down because you don’t want to take out the garbage.”
…. couldn’t agree more!
The problem with autocracy is there are no checks and balances against lunacy, and economic suicide.