Attention Economy


Thursday, August 1, 2019

Political Risk in the Western World

Are Western democracies becoming ungovernable?

The pound is tumbling on fears of a no-deal Brexit

Trade wars, tariffs, and MAGA: Making Abysmal Growth Attainable

Donald and the Delusion Discount
https://www.nytimes.com/2019/06/10/opinion/trump-trade-tariffs.html

The more the president deploys weapons of economic destruction, the more he undermines trust in the US

The Ghost of Trump Chaos Future
Nobel Prize winning economist Paul Krugman notes:
“Put an unstable, ignorant, belligerent man in the Oval Office, and he will eventually do crazy things.”

Time to update political risk assessment models
“Companies need to recognise that many developed countries are becoming high-risk markets that do not compensate for those risks by delivering higher returns. They may need to import risk-management practices that they already apply to emerging markets: making sure not to concentrate their investments in too few countries; developing “emergency response plans” in the event of a sudden crisis; and planning how they will cut their losses and move, or slim, their businesses if a populist seizes power.”