Source: Gideon’s Substack
by Noah Millman
“In my last post on the tariffs, I linked to Sam Hammond’s excellent tweet thread about what the radical thinkers behind Trump might be after. If he’s right, and there actually is a crazy plan (as opposed to mere economic illiteracy coupled to arrogant bullying), then a financial crisis is exactly what they want — they’re threatening to kill Cheeseface because they believe the rest of the world will do whatever we ask to stop us from pulling the trigger. But I don’t think it’s very likely that the script will go the way they plan, with the various world financial powers getting together to negotiate a new global financial architecture that’s even better for America than what we had before. Instead, I think there are, in broad strokes, four possible roads forward …” (04/09/25)