Relevant and even prescient commentary on news, politics and the economy.

Action/reaction

In an effort to extort Greenland from Denmark, Trump has ordered a 10% tariff on goods from EU nations that have opposed the US expropriation effort beginning in February. He has threatened to raise that to 25% if they don’t capitulate. A couple of points: • The tariffs are mostly a nothingburger for EU economies: […]