Political Economy

The "Trump Unchained" policy tack is gathering steam as Trump lays the groundwork for a post-globalist world.

The Trump Administration has launched an investigation into auto imports on national security grounds. But trade in uranium may be closest to what reasonable people might think as a national security issue.

Trump's actions make German politicians of all stripes more committed to Europe. Mainstream German parties realize they need the EU more than ever.

I think we need to follow this issue. It is a perfect intersection of energy security, foreign policy and financial issues that are very important for Europe and the US.

UPDATE 815AM EDT: I see Reuters has reported that "Trump says that NATO allies have committed to raising defense spending beyond 2 percent of GDP." This reporting validates everything I write here. ------------ We have a lot of new…

Trump is not merely a loudmouth, making enemies of America's allies. He is trying to muscle out Vladimir Putin and his Nord Stream 2 pipeline so that US oil and gas companies can benefit.

As long as the EU remains vastly richer than countries in North and central Africa, there will be a flow of migrants to the EU. And Italy and Greece will get the lion's share of those migrants, fuelling anti-immigrant politics. With Eastern…

Why does the German immigration spat matter? It's not just about refugees. It's about German hegemony and European cohesion. This post explains.

Seehofer is and has been threatening to blow up the governing coalition for some time. But will he actually do it? Will blowing up the coalition backfire? No one knows. He certainly doesn't. So he may just be bluffing.

Note: This post first appeared on Patreon on 2 Jul 2018 I saw a Twitter exchange this morning that reminded me that the Fed is facing a political crisis due to its quantitative easing program. And I think this will limit the Fed's…