Newsletter
Global Daily: Welcome to the world that now exists
We ended last week with the Dutch thinktank acknowledgement that "The world as we knew it no longer exists.” We start this week knowing many are going to be profoundly uncomfortable with the new world that replaces it. Not the weekend op-ed in the Financial Times asking, ‘Is Keynesianism dead?’ adding “When debt is the disease, fiscal medicine may be as likely to harm as heal,” though that will shock many. Nor that the US just blew up three Iranian tankers, and Iran is firing at others, when such economic warfare is only going to drive inflation higher.

