The panic over Donald Trump has reached Larry Summers, the former Treasury Secretary and Harvard president, who writes:
The geopolitical consequences of Donald Trump's rise may be even more serious. The rest of the world is incredulous and appalled by the possibility of a Trump presidency and has started quietly rethinking its approach to the United States accordingly. The US and China are struggling over influence in Asia. It is hard to imagine something better for China than the US moving to adopt a policy of 'truculent isolationism.' The Trans-Pacific Partnership, a central element in our rebalancing toward Asia, could collapse.
Funny how in Professor Summers' hyperventilating about the risk that Trump could collapse the Trans-Pacific Partnership, he somehow neglects to mention that Hillary Clinton has also publicly come out against that deal, in a pander to labor and an effort to appeal to Bernie Sanders supporters. Unless Professor Summers thinks Hillary is lying for political purposes about her opposition to the deal and will reverse position and support it once elected, there's no difference — zero difference — between her position on TPP and Trump's. And she's supposed to be the establishment grownup and he (Trump, not Summers) is supposed to be the nationalist populist authoritarian demagogue. Right?