Brad DeLong's Grasping Reality

CROSSPOST: FRANK FUKUYAMA: The Art of the Non-Deal (opens in new tab)

Covers 2 stories See all stories this covers including Live Updates: U.S.-Iran deal signed by Trump and Iranian negotiator, U.S. officials sayDiscussed on Substack

Frank’s subhead: "With this ceasefire, Trump has capitulated to Iran". Trump is calling his 60‑day ceasefire with Iran a historic deal and boasting that the Strait of Hormuz is now “permanently...

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