
When Elected Leaders Pursue Risky Policies, What Can Stop Them?
It has been a chaotic few weeks in geopolitics. At the beginning of the month, President Trump announced tariffs that threw the global economy into turmoil. Investors panicked, stock markets plunged, and analysts predicted an imminent recession. Mr. Trump insisted that he would not change course, even as trillions of dollars in market value vaporized….