Wall Street Journal (December 8)
“Donald Trump is Lady Gaga.” He is also Andy Warhol. “He is a performance artist. He is challenging what we think is normal—first for a presidential campaign and now for the presidency.” Trump is no mere entertainer. “Performance artists challenge, subvert and alter. They may be slightly crazy, but they’re crazy serious, though usually a little unclear about where they’re going.”
Washington Post (January 14)
“The China bubble has burst,” but the nation’s trajectory remains unclear. “The worst outcome—a doomsday scenario—would have China fostering worldwide deflation. Its growth would continue to deteriorate sharply, extending the decline in commodity prices and the weakness of global trade. Around the world, there would be more production cuts, layoffs and bankruptcies.”
Tags: Bankruptcies, Bubble, Burst, China, Commodity prices, Deflation, Doomsday, Global trade, Layoffs, Outcome, Production cuts, Unclear, Worst
