NEW YORK - President Donald Trump’s tariffs have spooked investors, with fears of an economic downturn driving a stock market sell-off that has wiped out US$4 trillion (S$5.3 trillion) from the S&P 500’s peak last month, when Wall Street was cheering much of Mr Trump’s agenda.
Basically, it was just that surface level observation. But in our intuitive minds, we sometimes forget, that money there doesn’t behave a medium of exchange like how we use it as common proles. In politics and finance, it’s a means of power and decisions, instead.