Oren Cass on the current economic environment.
https://open.substack.com/pub/understandingamerica/p/that-reagan-guy-started-with-quite?r=9iue0&utm_medium=ios
“Bessent says Trump will ask other governments to put themselves into ‘red,’ ‘green’ and ‘yellow’ boxes — i.e., choose to be foes, friends or adjacent players. ‘Green’ countries will get military protection and tariff relief, but must embrace a currency accord. Some ‘yellow’ — or even ‘red’ — nations might cut transactional deals. There could be two stages with Mar-a-Lago, the thinking goes: one with allies and the second with others.”