In 1919 the British economist John Maynard Keynes, disappointed at the Treaty of Versailles, published a brilliant little book, the Economic Consequences of The Peace.
His main point was less about economics in the usual sense, and more about national security. In fact, he foretold the European economic collapse of the 20's and 30's, the consequent rise of authoritarian dictatorships and eventual war.
Thus, the consequences of Versailles were more about national and international security matters rather than more direct economic concerns.
Keynes wanted a settlement focused on rebuilding the economy of Europe. The Allies wanted to pursue national advantage.
They mostly saw the world in terms of a zero-sum game. That is, if you win some advantage, I suffer an equal loss.
That seems to be Donald Trump's view.
Bad economics. Bad strategy. Disastrous negotiating technique.
We built a better world after the end of WWII. Stronger economy. More lasting peace. Greater prosperity.
Not a zero sum world.
Donald J. Trump is a pitiful excuse for a President of the US. I have seen them all in action since FDR. And followed them all carefully. Most surround themselves with good people. And listen,
That's the best way.
DJT can ruin it all.
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