Letter
A Bull in a China Shop!
Trump is going, or at least threatening, to trigger a trade war on a global scale.
The act of sudden hurtling back to “protectionism” on the part of by far the major most proponent of “economic globalisation” cannot but spread chaos all around.
The (much-reviled) WTO structure is going to crumble?
The whole, interlocked, global economic system is threatened with collapse. If it does, all friends, foes, and the Joker will be hit.
No, it doesn’t look like any revolution is in the offing.
The Great Depression of the 1930s ended with the rise of Mussolini and Hitler, culminating in World the II. The atomic bomb was yet to appear on the scene.
Similarly, Trump is also very much out to critically undermine, if not dismantle outright, even the admittedly inadequate multilateral structure for controlling global emissions.
The house is on fire!
Humanity is now on the accelerated march towards Doomsday!?
Sukla Sen
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Frontier
Vol 57, No. 39, March 23 - 29, 2025 |