Bookmark Article
The article discusses the term “Panican,” coined by the US president, to describe those who overreact to economic events, highlighting recent tariff-related turmoil in financial markets. It examines the historical context of US tariffs, their potential long-term economic impact, and the current political climate, noting that while global trade dynamics have been disrupted, the interconnected nature of supply chains may prevent severe escalation. Ultimately, the piece argues that the panic observed could lead to a self-stabilizing effect, suggesting that an era of de-globalization is possible but may be mitigated by forces of global mean-reversion.
