Credit Writedowns daily, sanctions and tariff edition

The overarching theme of today's daily post is post-globalization. I hadn't intended to have a single theme as I started writing the morning daily posy for today. But there are so many interlocking news items around the breakdown of global cooperation and of global trade that I decided to make this a thematic post.

The way to think about this is as Donald Trump best representing those who believe globalization has gone too far and want to ratchet back its impact, by force if necessary. And part...


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