Americans are wrong to wish for an era of stable bipartisanship
Even though political instability is an economic threat
America’s stability can no longer be taken for granted. That is one possible conclusion from the near assassination of Donald Trump, reinforcing lessons already learned from the attack on the Capitol in January 2021. Regrettably, America is not exceptional in this regard. The past few months alone have featured a shooting of Slovakia’s prime minister, an assault on Denmark’s prime minister and attacks on politicians in Germany.
Explore more
This article appeared in the Finance & economics section of the print edition under the headline “The fraught balance”
Finance & economics July 20th 2024
- Stocks are on an astonishing run. Yet threats lurk
- Why investors have fallen in love with small American firms
- At last, Wall Street has something to cheer
- Japan’s strength produces a weak yen
- China’s leaders face miserable economic-growth figures
- YIMBY cities show how to build homes and contain rents
- Americans are wrong to wish for an era of stable bipartisanship
More from Finance & economics
China meets its official growth target. Not everyone is convinced
For one thing, 2024 saw the second-weakest rise in nominal GDP since the 1970s
Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
Are big cities overrated?
New economic research suggests so
Why catastrophe bonds are failing to cover disaster damage
The innovative form of insurance is reaching its limits
“The Traitors”, a reality TV show, offers a useful economics lesson
It is a finite, sequential, incomplete information game
Will Donald Trump unleash Wall Street?
Bankers have plenty of reason to be hopeful