Connecting the Dots, February 2019

Hedging the Ultimate Tail Risk: Breakup USA

February 26, 2019

Some things are so horrible, you don’t want to think about them.

Fake Capitalism Is a Bigger Threat Than Socialism

February 19, 2019

Many people are worried socialism will take over the US. They’re sure it will be awful.

Trade Power Goes with Military Power

February 12, 2019

Five years ago this month, Ukraine’s “Euromaidan” Revolution led to Russian forces occupying the Crimean peninsula and parts of Eastern Ukraine. The US and Europe imposed economic sanctions in response. Pundits like me proclaimed a new Cold War.

Finally, a China Strategy That Might Work

February 5, 2019

The US and China are racing to craft some kind of trade agreement before March 2, or else President Trump says he will impose stiff new tariffs.