Much Ado About… Empire

Trade By David Stockman.  |  December 4, 2019

But it is necessary to know well how to disguise this characteristic, and to be a great pretender and dissembler; and men are so simple, and so subject to present necessities, that he who seeks Read More

Who’s Playing Whom?

Trade By David Stockman.  |  December 3, 2019

Lord, what fools these mortals be! – William Shakespeare, A Midsummer Night’s Dream (1595) Well, you can’t have a “Trade War Rally” without a “Trade War Selloff,” so there’s that. Read More

The Sentient Investor

Trade By David Stockman.  |  November 12, 2019

As has been stated above, it was pointed out long ago by Goltz that the brainless frog, if allowed to rest in water the temperature of which is gradually raised, behaves wholly unlike the normal Read More

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