On What Really Matters, Walter Russell Mead discusses the possibility of a recession, the new Chinese railway in Africa, and how Donald Trump’s approach to Vladimir Putin compares with Franklin D. Roosevelt’s to Joseph Stalin and Richard Nixon’s to Leonid Brezhnev.
Caption
President Donald Trump delivers a speech about the economy at Rockland Community College Fieldhouse in Suffern, New York, on May 22, 2026. (Getty Images)