A Convergence of Fragmented Conflicts

Trade By David Stockman.  |  September 17, 2019

At the headline level, everything seems to be just fine. We’ve had a bit of digression from the main U.S.-China Trade War plotline. Read More

Of the Acela Corridor… By the Acela Corridor… For the Acela Corridor

Trade By David Stockman.  |  May 22, 2019

The famous Lucius Cassius, whom the Roman people used to regard as a very honest and wise judge, was in the habit of asking, time and again, to whose benefit it be? – Marcus Tullius Read More

What’s the Matter with Asia?

Trade By David Stockman.  |  May 16, 2019

“Fool!” cried the hunchback. “You fell victim to one of the classic blunders. The most famous is ‘Never get involved in a land war in Asia.’” – William Goldman, The Princess Bride (1973) ... Read More

The Trade War Will Be Tweeted

Trade By David Stockman.  |  May 14, 2019

‘Things aren't like this,’ he kept repeating. ‘It shouldn't be this way. Read More

Game of Tariffs

Trade By David Stockman.  |  May 10, 2019

Let’s compete freely. Goddam tariffs! Free trade and free seas – that’s what’s right! – James Clavell, Tai-Pan (1966) ... Read More

The Donald Pokes the Red Ponzi

Trade By David Stockman.  |  May 6, 2019

Sooner or later every war of trade becomes a war of blood. – Eugene V. Debs, “Speech of Sedition,” June 16, 1918(1794) ... Read More

Kinky Money Makes the World Go ’Round

Trade By David Stockman.  |  March 5, 2019

Confucius said, ‘The gentleman understands integrity; the petty person knows about profit.’ – Confucius, Analects (551 – 479 B.C. Read More

Who Wins (and Who Loses) the Donald’s Battles?

Trade By David Stockman.  |  February 25, 2019

There are roads which must not be followed, armies which must not be attacked, towns which must not be besieged, positions which must not be contested, commands of the sovereign which must not be obeyed. Read More

On “Ruling” and “Rising” Powers

Trade By David Stockman.  |  January 8, 2019

What made war inevitable was the growth of Athenian power and the fear which this caused in Sparta. Read More

The American Empire vs. The Red Ponzi

Trade By David Stockman.  |  January 11, 2019

We shouldn’t fear war. We shouldn’t be afraid of atomic bombs and missiles. No matter what kind of war breaks out – conventional or thermonuclear – we’ll win. Read More