John Looby: 'Reagan's presidency is a useful guide for what may evolve under Trump'

Reagan's success as issuer of the unanchored global reserve currency highlights the freedom now in the President-elect's hands

28th December, 2016
Useful guide? Ronald Reagan Pic: Getty

The political earthquake of November 8 continues to reverberate across the globe. Friends and enemies of the United States are continuing to grapple with the unknowable consequences of President Trump.

The 1970’s was a difficult decade for the United States. From wearying stagflation to the humiliation of Saigon, and the shame of Watergate to the surge of the Sandinistas, this was a time plagued by a pervasive sense of national decline.

The debacle of Operation...

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