Donald Trump’s second term would be a protectionist nightmare
Sequels are never as good as the original. And when the original was terrible, there is even more reason to dread the next episode. So it is with “Tariff Man Part Two”. In the White House, Donald Trump put more new tariffs on American imports than any president in nearly a century. His philosophy was […]
Grey’s Law and Universal Solutions
On a recent post, a commenter suggested something that struck me as a perfect example of what I will call Grey’s Law. Grey’s Law comes from an offhanded comment made by the YouTuber CGP Grey in one of his videos, where he said: There’s almost a law of the universe that solutions which are the […]
Treasury to borrow $776 billion in final three months of year
The U.S. government’s borrowing needs will decline slightly in the final three months of 2023 from the prior quarter, a potentially important development during a turbulent time for the global bond market. In a closely watched announcement Monday afternoon, the U.S. Department of the Treasury said it will be looking to borrow $776 billion, which […]
