Bloomberg Businessweek Bloomberg Businessweek Weekend - January 24th, 2025
Jan 24, 2025
Ed Price, a former British trade official and NYU senior fellow, shares his expertise on the complexities of global trade influenced by Trump's tariffs. Gina Martin Adams discusses the market's reaction to recent federal spending initiatives, while Adam Galinsky explores the essential traits of inspirational leadership. Gina McCarthy emphasizes urgent climate action amid rising extreme weather events, advocating for bipartisan efforts toward a sustainable future. Together, their insights shape a vibrant conversation on economics, leadership, and climate challenges.
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Cost of Avoiding WWIII
- Trump could avoid World War III, but at a cost to the republic and U.S. soft power.
- Expanding territory, like Greenland or Panama, might diminish U.S. influence with other nations.
Panama Canal and Contradictions
- The Panama Canal's design serves naval purposes, allowing fleet movement, which diminishes the perceived need for control.
- Trump's vision of an American imperium contradicts his macroeconomic policies, like maintaining the dollar standard while imposing tariffs.
Investment Advice
- Sophisticated investors should watch for contradictions in Trump's policies and consider exiting investments.
- A potential financial crisis could arise during Trump's term due to policy conflicts.
