Trump's jokernomics have plunged the global economy into chaos with a sweeping tariff war, branding the wreckage a victory while markets and alliances unravel.

If you had told me a decade ago that a former president would waltz back into the White House, torch the global economy, slap double-digit tariffs on damn near everything, spook the markets into evaporating over three trillion dollars in a single day, and call it a “booming economy” with a straight face—I would’ve thought it a particularly cruel and poorly conceived joke.

But here we are.