Keep pulling the thread on Edward Fishman.
Secretary of Defense Peter Hegseth allegedly exposed classified information regarding strikes on the Houthis through his use of the Signal messaging application.
Edward Fishman asserts that economic tools like sanctions, export controls, and tariffs have become the primary means of competition between great powers.
Edward Fishman predicts the emergence of a multipolar economic warfare environment where countries like China, Japan, and those in Europe will increasingly use their own economic weapons.
U.S. companies contribute 40% of the global semiconductor value chain, making it impossible to produce the highest-end semiconductors without access to U.S. technology.
The Trump administration began using semiconductor export controls against individual Chinese companies like ZTE and Huawei, and the Biden administration later expanded these controls to cover the entire Chinese economy.
Edward Fishman warns that the widespread use of economic warfare by the United States against many countries, including allies, incentivizes a global move towards autarky.
Edward Fishman argues that the Trump administration's "maximum pressure" campaign against Iran demonstrated that the U.S. can impose severe economic pressure unilaterally, without a multilateral coalition.
Edward Fishman considers the "maximum pressure" campaign against Iran to be one of the worst U.S. foreign policy decisions of the 21st century, as it yielded no gains and allowed Iran to reach a threshold nuclear capability.
Edward Fishman believes the U.S. dollar is in a "very precarious position" for the first time in his adult life, largely due to actions by Donald Trump that undermine global confidence.
Following U.S. sanctions pressure in 2018, Russia's central bank sold all of its U.S. dollar holdings and reallocated them to euros.
Edward Fishman predicts that if European countries pursue rearmament and joint debt issuance, the euro will begin to "chip away" at the U.S. dollar's role as the primary global reserve currency.
Edward Fishman worries that if economic warfare tools like sanctions and export controls lose their effectiveness, it will lead to more military conflicts between great powers.