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Trumpianomics: The art of coercion

Tong Kooi Ong & Asia Analytica
Tong Kooi Ong & Asia Analytica • 30 min read
Trumpianomics: The art of coercion
Photo Credit: Bloomberg
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"But this is not just your grandfather’s cyclical economic uncertainty Trump has triggered. This is the uncertainty that cuts to the bone, the uncertainty that comes from seeing a world you knew for 80 years being unravelled by the most powerful player — who doesn’t know what he is doing and is surrounded by bobbleheads.

The world has enjoyed an extraordinary period of economic growth and absence of great-power wars since 1945. Of course, it was not perfect, and there have been many troubled years and countries that lagged. But in the broad sweep of world history, these 80 years have been remarkably peaceful and prosperous for a lot of people, in a lot of places.

And the No.1 reason that the world was the way it was, was because America was the way it was.

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