Beware Tariffs! US-China Trade War is the Biggest Risk Now, Says Australian Economist Mark Thornton

06/26/2026 Mark Thornton

Kevin Warsh’s hawkishness is theater. Every Fed chair comes in tough. The Fed’s real mandate is financing government debt and protecting banks. Everything else is propaganda. And tariffs historically precede military escalation. Civil War. World War I. World War II. The same playbook is running now.

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