Summers and Eurasia Start the New Year With Dire Global Warnings

Donald Trump (who had an awfully good day yesterday between the Ford jobs announcement and his criticism of Republican lawmakers) is creating “major uncertainty” and the world is going into a period of “geopolitical recession.” Thank you, Bloomberg, for the not-so-rosy look at why 2017 may be a lot worse than many had feared.

On the notion of a “geopolitical recession,” Bloomberg was springboarding off a report from Eurasia Group on its Top Risks of 2017. It’s worth reading, even though Risk 5: Technology and the Middle East has all the depth of a sheet of onion paper and the analytical insight of a freshly-woken toddler.