Will Malignant Stupidity Kill the World Economy?

Paul Krugman: “Businesses can’t plan if they have no idea what to expect next. Foreign governments won’t make policies that help America if they don’t expect us to respond rationally. […] One of these days we’ll probably get the full story, but it looks to me like something thrown together by a junior staffer with only a couple of hours’ notice. That USTR note, in particular, reads like something written by a student who hasn’t done the reading and […] The Trump formula is apparently what you get if you ask ChatGPT and other AI models to make tariff policy”