President Trump's actions threaten to drag the United States into another war in the Middle East, one far more dangerous than the Iraq War that he has repeatedly railed against.
Although President Trump boldly stated in his last State of the Union address that “great nations do not fight endless wars,” with this act he has likely further drawn the United States into the morass of Middle East conflict.
It should have been obvious ex ante that failing institutions and their investors would manipulate the system to avoid the impact of the (well-intentioned) regulation that tried to outlaw bailouts.
