No system limits political power more effectively than the free market. Policymakers in Brussels, Berlin, Paris, and London know this—which is why its defenders are systematically ridiculed.
The floodgates are open: debt-financed stimulus is once again the weapon of choice against recession.
The question is whether Trump’s threat of 50% tariffs will wake up the Eurocrats running a protectionist system whose price is paid by the public.
Trump understood that a nation without an industrial heart loses its soul. Domestic value creation does more than create jobs—it gives communities pride, purpose, and a future.
Without fundamental reforms and a return to market-oriented policies, Germany—and with it the euro zone— will continue to lose ground.
The U.S. president is tackling an issue the nation has been kicking down the road since the end of the gold standard in 1971: the gaping chasm of fiscal disaster and trade deficits.