The global uncertainties spawned by President Donald Trump’s inconsistent policies – both economic and foreign – will not only topple the markets and send investors and entrepreneurs into panic mode, but is also certain to unleash a global “nervous breakdown.”
That’s according to Pulitzer Prize-winning columnist Thomas Friedman, who warned readers in an op-ed published Tuesday that Trump retreating to “his old obsessions and grievances” once he returned to the White House, coupled with cramming his administration with “fringe ideologues” and teetering tariff threats, is causing “a great unraveling.”
“Four years of this will not work, folks,” Friedman wrote.
“Our markets will have a nervous breakdown from uncertainty, our entrepreneurs will have a nervous breakdown, our manufacturers will have a nervous breakdown, our investors — foreign and domestic — will have a nervous breakdown, our allies will have a nervous breakdown and we’re going to give the rest of the world a nervous breakdown,” he said.
The Pulitzer Prize-winning columnist added that “top officials of our oldest allies” fear the country is not just becoming unstable, “but actually their enemy.”
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“The only person who gets treated with kid gloves is Putin, and America’s traditional friends are in shock,” Friedman wrote.
Similarly, he said economists have expressed fear over “profound uncertainty” surrounding Trump’s economic policies that could lead to a “combination of stagnant growth and inflation (from so many tariffs) known as stagflation.”
Friedman laid blame on all the turmoil Trump has so far triggered in the seven weeks since Inauguration Day, all because he ran for reelection “to avoid criminal prosecution and to get revenge on people he falsely accused of stealing the 2020 election."
"He never had a coherent theory of the biggest trends in the world today and how to best align America with them to thrive in the 21st century. That is not why he ran," Friedman summed up.
Friedman concluded that Trump's "biggest lie of all his big lies" are his "claims that he inherited an economy in ruins and that’s why he has to do all of these things. Nonsense."