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David looks at the wildest week in global financial markets in the last five years in the context of first principles – how the administration’s choice to lump allies in with adversaries hurt their cause – and how the need to properly define terms and understand basic economic concepts matters.

The Trump administration’s choice to lump allies in with adversaries hurts their cause.{ai:summary}<p>David analyzes a tumultuous week in global financial markets, emphasizing how the administration's strategy of equating allies with adversaries has backfired. He underscores the importance of clear definitions and a solid grasp of fundamental economic principles in navigating these challenges. #economy</p>

The Morality of Trade Deficits vs. Central Planning

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