“Is American exceptionalism grounded in meritocratic capitalism or pluralistic diversity, equity and inclusion…, or both?” – The Lonely Realist Meritocratic success has defined America for more than 200 years...

“De-dollarization happens slowly…, then all at once.” – The Lonely Realist TLR was struck by Cassandra’s observation last week that because Europe now is pursuing an overhauled “Europe First” strategy (notably with respect to defense manufacturing and strategic materials) to compete with Trump 2.0’s “America First,”...

“Has the Trump Administration engineered a recession?” – The Lonely Realist President Trump is waging all-out war on the Federal bureaucracy, on America’s trade partners, and on America’s NATO allies. The execution of Trump 2.0 policies has created uncertainties that make business planning hazardous, and America’s...