Terms of Trade: The empire and its discontents
India, Nov. 6 -- The midterm result in the US fits the proverbial logic: 'success has many fathers but failure is an orphan'. It was the spike in the cost of living, President Donald Trump's whims and his colleagues' even more whimsical ways of governing, poor GOP candidates in some races, etc., that likely contributed to a historic surge for the Democratic Party in the elections. Trump dismissed the results with the easiest explanation: he was not on the ballot.
Does November 2026 tell us something about November 2028? It is too early to say. What we can expect with more certainty is a lot of churning within both the Republican and Democratic camps and therefore the US itself. The binaries are many. Support Ukraine, not Israel. More Med...
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