The institutions of the American economy depend on the institutions of American democracy; rule of law, consistent regulation, stability, and all the rest.
That’s what’s being destroyed and that’s what risks the *entire economy.
Saying that out loud shouldn’t (and can’t) be a risk
The whole thing is important, but listen until the end: the US depends a lot on the flow of capital into the country because it is perceived as the safest port in a storm. Once that is no longer true, a lot of things Americans take for granted go away.
A top economics reporter goes off script on national TV: “I am going to say this at risk of my job, but what President Trump is doing is insane.”
March 12, 2025 at 3:45 AM
The institutions of the American economy depend on the institutions of American democracy; rule of law, consistent regulation, stability, and all the rest.
That’s what’s being destroyed and that’s what risks the *entire economy.
Saying that out loud shouldn’t (and can’t) be a risk