If you ever want to know who's losing an argument simply look at who's doing the most threatening.
Not who's shouting the loudest or who's the angriest, but who is threatening.
Those who threaten are doing so because they feel their power is, itself, under attack.
It doesn't matter if it is an argument with your kids or a big, geopolitical disagreement, as I always say, he who goes nuclear is losing.
Now, you might think I'm talking about the U.S. and President Trump's incessant financial bullying of allies and enemies alike. I am somewhat, but not primarily.
Because as important as Trump's mad flailing to try and remake the U.S.'s trade position around the world is, it pales in comparison to the acute crisis brewing in Europe.
Yes, Europe is more important. Why?