On What Really Matters, Walter Russell Mead discusses the possibility of a recession, the new Chinese railway in Africa, and how Donald Trump’s approach to Vladimir Putin compares with Franklin D. Roosevelt’s to Joseph Stalin and Richard Nixon’s to Leonid Brezhnev.
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A robot from AgiBot is seen during the Global Developer Conference, organized by the Shanghai AI Industry Association, in Shanghai on February 21, 2025. (Hector Retamal via Getty Images)