Special Report on
Driving Toward a Trade War
Driving Toward a Trade War - Trends
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In fall 1996, the National Intelligence Council (NIC) and the Institute for National Strategic Studies (INSS) held a series of conferences at National Defense University to identify key global trends and their impact on major regions and countries of the globe. The exercise was designed to help describe and assess major features of the political world as they will appear in the year 2010. Participants in the conferences were ...
So Sir Walter Scott didn’t exactly write that, but he might today if he were an auto industry analyst. In December, the Bush administration offered the first reprieve of $17.4 billion to GM and Chrysler. A poet’s sense of irony and tragedy will prove useful as the Obama administration considers this week’s inevitable request for additional subsidies (sorry, “loans”) with the auto companies’ return to Washington. Anyone familiar with the law of unintended consequences should be concerned. Among the likely consequences, politicians are ignoring the ... Read More
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