Tag Archives: protectionism

As of early 2026, economic data points to steady GDP growth, yet labor market conditions tell a different story. Investment in artificial intelligence is supporting output and corporate margins, while hiring remains subdued and worker mobility constrained. Historical recoveries show employment often lags growth, but current conditions suggest a deeper structural shift. Automation, policy constraints, and uneven access to technology are reshaping how growth is generated and who benefits from it. The result is an expansion that favors capital over labor, raising concerns about income durability, consumer demand, and long-term economic stability if workforce participation continues to weaken.

If we look at the economic collapses of the past, from the fall of the Roman Empire to Weimar Germany to Argentina and Zimbabwe, the pattern is extremely similar. Let's have a look at that pattern and ask ourselves if the present situation might not play out much the same.

If the debt ceiling deal agreement is fully implemented [it is only going to exacerbate America's financial and economic woes and accelerate the demise of the U.S.] Dollar Standard which is inherently flawed and increasingly unstable. Its demise is imminent. The only question is will it be death by fire—hyperinflation—or death by ice—deflation? Fortunes will be made and lost depending on the answer to that question. [Let me explain how the collapse of the dollar could well unfold.] Words: 944

China bashing is on the rise once again in Washington. In an era of acute labor market distress, the United States could well up the ante and resort to outright trade sanctions. Beijing would undoubtedly retaliate, setting in motion a dangerous chain of events that could quickly imperil the post-crisis world. Words: 1090